PASSED

This enacted bill authorizes the Philadelphia Authority for Industrial Development to apply for up to $500,000 in state funding to help renovate and expand the Roxborough YMCA facility. It also authorizes an agreement with the City and requires the City or project recipient to cover matching costs above $500,000 and repay certain state expenses if costs are ineligible or the project is 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, in an amount not to exceed Five Hundred Thousand Dollars ($500,000) to assist in the renovation and expansion of the Roxborough YMCA facility; and authorizing the City to enter into an agreement with PAID in furtherance of grant requirements; all under certain terms and conditions.