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Penn's Landing TIF District Dissolved, New One Takes Its Place With Revitalization Plan Unveiled

Official:Dissolving the Penn's Landing Tax Increment Financing District and creating the Penn's Landing II Tax Increment Financing District, being the area generally bounded by Christopher Columbus boulevard on the west, Arch street on the north, Dock street on the south, and the Pierhead Line of the Delaware River on the east and approving the project plan of the Philadelphia Authority for Industrial Development ("PAID") for the redevelopment of the Penn's Landing II Tax Increment Financing District and making certain findings and declarations, all in accordance with the Tax Increment Financing Act, being the Act of July 11, 1990, P.L. 465, No. 113, as amended, and authorizing the Director of Finance and other offices of the City to execute documents and do all things necessary to carry out the intent of this Ordinance.

Sponsor: Councilmember DiCicco

Introduced: April 11, 2002

: Committee of the Whole

planning taxation

No one voted on this bill

This bill was introduced in the 2000–2003 Council term and when that term ran out. The public record shows no committee vote and no floor vote at any stage, so no member of Council ever went on record for or against it.

That is not unusual here. Of the 8,465 bills introduced between 2000 and 2025, 1,624 lapsed without a single recorded vote. Ninety percent of bills that became law carry a roll call. Three percent of lapsed bills do. How this works.

Plain-Language Summary

This bill dissolves an existing tax increment financing district (TIFD) and creates a new one with the same boundaries, to support redevelopment in the Penn's Landing area.

What This Bill Does

AI-written. Every figure is checked against the bill text.

The Penn's Landing Tax Increment Financing District (TIFD) is dissolved.
A new tax increment financing district, Penn's Landing II TIFD, is created with the same boundaries as the original district: Christopher Columbus Boulevard on the west, Arch Street on the north, Dock Street on the south, and the Pierhead Line of the Delaware River on the east.
The project plan for the redevelopment of the Penn's Landing II TIFD is approved, as submitted by the Philadelphia Authority for Industrial Development (PAID).
The Director of Finance and other city offices are authorized to execute documents and take necessary actions to carry out the intent of the ordinance.