PASSED

The enacted ordinance removes a portion of the property at 7071 Milnor Street in Philadelphia’s 41st Ward from the Keystone Opportunity Zone. The removal of the zone’s tax exemptions, deductions, abatements, and credits takes effect only after the property owners and other interested parties apply and the Pennsylvania Department of Community and Economic Development approves the property’s decertification; the change is intended to allow residential development.

Removing a portion of a property in the 41st ward of the City, from the Philadelphia Keystone Opportunity Zone, subject to the request and consent of the owners of said Property, under certain terms and conditions.