PASSED

This enacted bill authorizes the Philadelphia Authority for Industrial Development to apply for up to $5.15 million in state Redevelopment Assistance Capital Program grants for improvements at the Germantown YWCA and Morris Arboretum. It also authorizes an agreement between the City and PAID and requires the City or project recipients to cover required matching costs and reimburse the state for certain ineligible expenses or unfinished projects.

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 Five Million One Hundred Fifty Thousand Dollars ($5,150,000) to assist in the development of Germantown YWCA and Morris Arboretum; and authorizing the City to enter into an agreement with PAID in furtherance of grant requirements; all under certain terms and conditions.