PASSED

The enacted ordinance authorizes the Philadelphia Authority for Industrial Development to apply for up to $113.77 million in Pennsylvania Redevelopment Assistance Capital Program grants for 19 projects, including health care facilities, streetscape and riverfront improvements, museums, theaters, commercial development, and youth recreation. It also authorizes agreements between the City and PAID and requires the City or designated project recipients to provide matching funds and repay the Commonwealth for certain ineligible costs or projects that are not completed on time.

Authorizing the Philadelphia Authority for Industrial Development ("PAID") to file an application with the Office of the Budget, Commonwealth of Pennsylvania, under the Redevelopment Assistance Capital Program ("RACP"), in an aggregate amount not to exceed One Hundred Thirteen Million Seven Hundred Seventy Thousand Dollars ($113,770,000) to assist in the development of Children's Hospital of Philadelphia, University of Pennsylvania Cancer Care Facility, Fox Chase Cancer Center, Girard Avenue Streetscape, El Centro de Oro, Mount Airy USA, Point Breeze Revitalization Project, Beech Corporation - Broadway 1600 North Broad Street and Cecil B. Moore Avenue, Calder Museum, One Pennsylvania Place, Please Touch Museum at Memorial Hall, Philadelphia Theater Company, Greater Philadelphia Film Office Soundstage, National Museum of American Jewish History, Independence Mall, Schuylkill Riverfront, the Professional Development Center at the University of Pennsylvania, the Heritage Tourism Experienc...