PASSED
The enacted ordinance amends Philadelphia’s Keystone Opportunity Zone and Economic Development District rules by adding specified properties to several subzones and extending tax-benefit periods for certain properties. Subject to state approval and other conditions, eligible property owners, businesses, and some residents connected to those properties may receive specified tax abatements, exemptions, or credits.
Amending Chapter 19-3200, entitled "Keystone Opportunity Zone And Economic Development District," by providing for additional properties to be added to certain subzones; providing for extensions of the term of benefits for certain properties; and making related and technical changes; all under certain terms and conditions.
Action by CITY COUNCIL
A motion was made that this matter be PASSED. The motion carried by the following vote:
Roll Call
| Member | Vote |
|---|---|
| Anna Cibotti Verna | Absent |
| Bill Green | Yes |
| Blondell Reynolds Brown | Yes |
| Brian J. O'Neill | Yes |
| Curtis Jones, Jr. | Yes |
| Darrell L. Clarke | Yes |
| Donna Reed Miller | Yes |
| Frank J. DiCicco | Yes |
| Frank Rizzo | Yes |
| Jack Kelly | Yes |
| James F. Kenney | Yes |
| Jannie L. Blackwell | Yes |
| Joan L. Krajewski | Yes |
| Maria D. Quiñones-Sánchez | Yes |
| Marian B. Tasco | Yes |
| W. Wilson Goode, Jr. | Yes |
| William K. Greenlee | Yes |