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 aggregate amount not to exceed Two Million Dollars ($2,000,000) to assist in the development of Simeone Automotive Foundation Education Center; and authorizing the City to enter into an agreement with PAID in furtherance of grant requirements; all under certain terms and conditions.
Sponsor: Council President Verna
Introduced: September 21, 2006
Signed: October 26, 2006
: Committee on Finance
Status: Signed into Law, step 4 of 4
This bill authorizes the Philadelphia Authority for Industrial Development (PAID) to apply for a $2 million grant from the state's Redevelopment Assistance Capital Program to support the development of the Simeone Automotive Foundation Education Center.
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