Official:Amending Title 17 of The Philadelphia Code, entitled "Contracts and Procurement," by adding a new Chapter requiring the City Controller to prepare or cause to be prepared economic impact statements for certain development projects prior to funding of such projects by the City or a City-related agency; all under certain terms and conditions.
Sponsor: Councilmember Nutter
Introduced: September 12, 2002
Voted: December 19, 2002
: Committee on Finance
Status: Lapsed
This bill requires the City Controller to prepare economic impact statements for certain development projects before the city funds them. These statements would assess how a project's costs and benefits will affect the city.
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