South Philly Market District Takes Shape With New Special Property Assessments for Improvements Along 9th and Christian Streets

Official:Establishing a neighborhood improvement district, to be known as the South Philly Market District ("District"), in an area that generally includes all taxable commercial properties (properties used for any for-profit activity involving trade or commerce in general, including vacant commercial and industrial zoned parcels and residential properties comprised of at least one unit rented to tenants for profit) along both sides of South 9th Street from the south side of Fitzwater Street to the north side of Federal Street; along both sides of Christian Street from west side of South 7th Street to east side of South 10th Street; along both sides of Montrose Street from South 8th Street to South 10th Street; along both sides of Carpenter Street from South 8th Street to South 10th Street; along both sides of Washington Avenue from west side of South 8th Street to east side of South 11th Street; along both sides of Ellsworth Street from East Passyunk Avenue to South 10th Street; along both sides of East Passyunk Avenue from south side of Washington Avenue to north side of Federal Street; along both sides of South 10th Street from the south side of Christian Street to north side of Ellsworth Street; along both sides of South 8th Street between the south side of Fitzwater Street to north side of Ellsworth Street; the north side of Christian Street from the property located at 1031 Christian Street to the property located on the corner of Christian Street and South 10th Street; the south side of Christian Street from the property located at 1020 Christian Street to the property located on the corner of Christian Street and South 10th Street; the corner property located at 638 Christian Street which is adjacent to South 7th Street; the corner property located at 1101-09 South 11th Street which is adjacent to Washington Avenue; and the corner property located at 750 Fitzwater Street which is adjacent to South 8th Street; designating the South Philly Market 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 South Philly Market District, Inc., relating to the District; and authorizing the South Philly Market 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.