READ AND PASSED
This enacted ordinance amends Philadelphia’s rules for Keystone Opportunity Zones and related development areas. It provides for additional extensions of tax benefits for specified properties and adds seven parcels near Market Street and 38th Street to an Additional Philadelphia Keystone Opportunity Zone, subject to approval by the Commonwealth. The benefits may include exemptions, abatements, or credits for certain taxes affecting businesses and residents in the zones.
Amending Chapter 19-3200 of The Philadelphia Code, entitled "Keystone Opportunity Zone, Economic Development District, and Strategic Development Area," to provide for additional extensions of certain benefits, under certain terms and conditions.
Action by CITY COUNCIL
A motion was made that this matter be READ AND PASSED. The motion carried by the following vote:
Roll Call
| Member | Vote |
|---|---|
| Al Taubenberger | Yes |
| Allan Domb | Yes |
| Blondell Reynolds Brown | Yes |
| Bobby Henon | Yes |
| Brian J. O'Neill | Yes |
| Cherelle Parker | Yes |
| Cindy Bass | Yes |
| Curtis Jones, Jr. | Yes |
| Darrell L. Clarke | Yes |
| David Oh | Yes |
| Derek S. Green | Yes |
| Helen Gym | Yes |
| Jannie L. Blackwell | Yes |
| Kenyatta Johnson | Yes |
| Maria D. Quiñones-Sánchez | Yes |
| Mark Squilla | Yes |
| William K. Greenlee | Yes |