Official:Authorizing and approving the execution and delivery of one or more Service Agreements between The City of Philadelphia and the Philadelphia Redevelopment Authority and/or one or more other City-related Authorities relating to the financing of a Neighborhood Preservation Initiative which includes housing, commercial corridors, and neighborhood infrastructure programs; approving the issuance by each such Authority of bonds, notes or other evidences of indebtedness (including reimbursement obligations related to lines or letters of credit) in one or more series to finance or refinance such initi
Sponsor: Council President Clarke
Introduced: March 11, 2021
Signed: May 13, 2021
: Committee on Finance
Status: Signed into Law, step 4 of 4
This bill authorizes the City of Philadelphia to enter into agreements with various authorities to finance and implement a Neighborhood Preservation Initiative, which includes housing, commercial corridors, and neighborhood infrastructure programs.
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