PASSED

The enacted bill authorizes the Philadelphia Authority for Industrial Development to apply for up to $1 million in Pennsylvania Redevelopment Assistance Capital Program funding for the Woodlands Arboretum and Botanical Gardens revitalization project. It also authorizes agreements between the City and PAID and requires the City or project recipients to cover costs above the grant amount, repay certain ineligible expenses, and ensure the project is 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 aggregate amount not to exceed One Million Dollars ($1,000,000) to assist in the development of Woodlands Arboretum & Botanical Gardens Revitalization Project; and authorizing the City to enter into an agreement with PAID in furtherance of grant requirements; all under certain terms and conditions.