PASSED

This enacted bill authorizes the Philadelphia Authority for Industrial Development to apply for up to $1 million in state Redevelopment Assistance Capital Program funding to help convert the former Wills Eye Hospital at 9th and Walnut Streets into the Jefferson Hospital for Neuroscience. It also authorizes agreements connected to the grant and requires the City or project recipient to cover matching costs above $1 million, repay certain ineligible state expenses, and ensure the project is completed within the grant period.

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 conversion of the former Wills Eye Hospital in Philadelphia to the Jefferson Hospital for Neuroscience and authorizing the City to enter into an agreement with PAID in furtherance of grant requirements; all under certain terms and conditions.