PASSED

This enacted bill authorized the Philadelphia Authority for Industrial Development to apply for up to $500,000 in state Redevelopment Assistance Capital Program funds to help convert the former Wills Eye Hospital at 9th and Walnut Streets into the Jefferson Hospital for Neuroscience. It also authorized agreements related to the grant and required the City or project recipient to cover matching costs above $500,000 and repay the state for certain ineligible expenses or unfinished work.

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 Hundred Thousand Dollars ($500,000) 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.