Localmedium impact · 5/10substantive030663

Council proposes creation of tax increment financing district for Boyd Theater area.

Official:Creating the Boyd Theater Tax Increment Financing District, being the area generally bounded by Chestnut street on the north, Nineteenth street on the east, Twentieth street on the west, and Sansom street on the south and approving the project plan of the Philadelphia Authority for Industrial Development ("PAID") for the redevelopment of the Boyd Theater 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 Clarke

Introduced: October 9, 2003

: Committee of the Whole

center city phillyplanning 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 creates a tax increment financing district for the Boyd Theater area in Center City Philadelphia, allowing the city to fund redevelopment projects through increased property taxes.

What This Bill Does

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

Creates a tax increment financing district for the Boyd Theater area in Center City Philadelphia, bounded by Chestnut Street on the north, Nineteenth Street on the east, Twentieth Street on the west, and Sansom Street on the south.
Authorizes the redevelopment of the district through a project plan submitted by the Philadelphia Authority for Industrial Development (PAID).
Allows the city to fund redevelopment projects through increased property taxes, as specified in the Tax Increment Financing Act.
Authorizes the Director of Finance and other city offices to execute documents and take necessary actions to carry out the intent of the ordinance.