Northern Liberties Neighborhood Launches Self-Funded Improvement Effort with Newly Established Business District

Official:Establishing a neighborhood improvement district, to be known as the Northern Liberties Business Improvement District ("District"), in an area that generally includes both sides of North 2nd Street from the north side of Callowhill Street to the south side of Girard Avenue, both sides of North 3rd Street from Spring Garden Street to the south side of Wildey Street, Spring Garden Street from North 2nd Street to the eastern side of North 5th Street, and certain blocks of streets that intersect portions of these streets; designating the Northern Liberties Business Improvement District, Inc., which has organized itself as a Pennsylvania nonprofit corporation, as the Neighborhood Improvement District Management Association for the District; approving a plan for the District, including a list of proposed improvements and their estimated cost, and providing for assessment fees to be levied on property owners within the District; authorizing the Director of Commerce, on behalf of the City, to execute an agreement with the Northern Liberties Business Improvement District, Inc., relating to the District; and authorizing the Northern Liberties Business Improvement District, Inc. to assess property owners within the District a special property assessment fee to be used in accordance with the approved plan; all in accordance with the provisions of the Community and Economic Improvement Act, and under certain terms and conditions.