Official:Amending Chapter 17-1600 of The Philadelphia Code, entitled "Economic Opportunity Plans," by establishing standards for approvals of certain transactions involving the Philadelphia Authority for Industrial Development, including commitments to Economic Opportunity Plans.
Sponsor: Councilmember Clarke
Introduced: March 25, 2010
Signed: June 17, 2010
: Committee on Commerce & Economic Development
Status: Signed into Law, step 4 of 4
This bill amends Chapter 17-1600 of The Philadelphia Code to establish standards for approving certain transactions involving the Philadelphia Authority for Industrial Development (PAID). PAID must commit to an Economic Opportunity Plan and ensure that any subsequent developer makes similar commitments.
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