Official:Authorizing the Philadelphia Authority for Industrial Development ("PAID") to file an application with the Office of the Budget, Commonwealth of Pennsylvania, under the Redevelopment Assistance Capital Program, in an amount not to exceed Five Hundred Thousand Dollars ($500,000) to assist in the construction, rehabilitation and renovation of Pleasant Hill Park; and authorizing the City to enter into an agreement with PAID in furtherance of grant requirements; all under certain terms and conditions.
Sponsor: Councilmember Krajewski
Introduced: April 21, 2005
Signed: June 2, 2005
: Committee on Finance
Status: Signed into Law, step 4 of 4
This bill authorizes PAID to apply for $500,000 in state funding under the Redevelopment Assistance Capital Program to renovate Pleasant Hill Park. The City will enter into an agreement with PAID and be responsible for matching funds above $500,000. This is a one-time grant application.
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