READ AND PASSED

The enacted bill approves the Center City District’s 2023–2027 plan for business improvements and administrative services in Philadelphia’s central business district. It also approves assessments and charges on properties in the district to fund the plan and estimated debt-service costs through 2045, and authorizes the District to carry out the plan, including issuing or refinancing debt for capital improvements.

Approving the plan, estimated costs and proposed method of assessment and charges of the Center City District (the "Authority") for and concerning business improvements and administrative services to the central business district of the City of Philadelphia for 2023-2027; amending an Ordinance (Bill No. 1069, approved November 2, 1990, as amended by Bill No. 960631, approved November 25, 1996, as further amended by Bill No. 120800, approved December 21, 2012, and as further amended by Bill No. 170927, approved December 20, 2017) adopted pursuant to the "Municipality Authorities Act of 1945," P.L. 382, as amended (the "Act"); and approving estimated costs for debt service through 2045; all under certain terms and conditions.