Philadelphia City Council / Committee on Finance

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Monday, May 1, 2023, at 10:00 AM to hear testimony on the following items:

230186
An Ordinance authorizing an increase in the non-electoral indebtedness of the City within the Pennsylvania constitutional limit; authorizing the Bond Committee to sell bonds at public or private negotiated sale, to provide funds toward various capital municipal purposes; providing for appropriations to the Sinking Fund Commission for the payment of such bonds; and authorizing agreements to provide credit or payment or liquidity sources for the bonds in connection with issuance of the bonds, and certain other actions.

230250
An Ordinance amending Ordinance (Bill No. 190935) of the Council of The City of Philadelphia, approved by the Mayor on December 18, 2019, to authorize the refunding of additional series of outstanding general obligation bonds; authorizing the purchase by The City of Philadelphia, from time to time, of any of its outstanding general obligation debt; authorizing the amendment, novation or termination, from time to time, of any agreement to manage interest costs incurred in connection with The City of Philadelphia’s general obligation debt; further amending said Ordinance (Bill No. 190935) to authorize the payment by The City of Philadelphia from proceeds of general obligation refunding bonds of any required settlement payments and related required amounts in connection with the termination of any such agreements to manage interest costs and additionally authorizing the payment of such settlement payments and related amounts from other legally available funds; and authorizing certain other actions.

230251
An Ordinance authorizing and approving (i) the execution and delivery of one or more supplements to an existing service agreement (or a new service agreement on substantially the same terms) between The City of Philadelphia and the Philadelphia Redevelopment Authority relating to a comprehensive neighborhood transformation program; (ii) the issuance by the Philadelphia Redevelopment Authority, from time to time, of bonds, notes or other evidence of indebtedness to refund bonds, notes or other evidence of indebtedness issued to refinance such neighborhood transformation program; and (iii) the obligation of The City of Philadelphia to pay the amounts payable under such service agreement; authorizing certain City officers to take certain actions required to issue bonds, notes or other evidence of indebtedness; confirming covenants that The City of Philadelphia will make necessary appropriations and payment each year to provide for the amounts due under such service agreement as so supplemented; and making such covenants with respect to such new service agreement; all under certain terms and conditions.

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Thursday, March 9, 2023 to hear testimony on the following items:

230079
An Ordinance constituting the Twenty-Seventh Supplemental Ordinance to the Restated General Water and Wastewater Revenue Bond Ordinance of 1989, as supplemented; authorizing the Bond Committee to issue and sell one or more series or subseries of tax-exempt or taxable water and wastewater revenue bonds and revenue refunding bonds; authorizing agreements to provide credit enhancement or payment or liquidity sources (or any combination of the foregoing) for such Bonds; providing that such Bonds shall bear interest at fixed or variable rates; determining the sufficiency of pledged Project Revenues; authorizing the Director of Finance to take certain actions with regard to the sale of such Bonds, the investment of proceeds thereof and the City’s continuing disclosure obligations with respect to such Bonds; setting forth the use of proceeds of such Bonds; covenanting the payment of interest and principal; supplementing the Restated General Water and Wastewater Revenue Bond Ordinance of 1989; and specifying applicability of sections of The First Class City Revenue Bond Act and the Restated General Water and Wastewater Revenue Bond Ordinance of 1989.

230104
An Ordinance approving the amendment of the Fiscal Year 2023 Capital Budget providing for expenditures for the capital purposes of the Philadelphia Gas Works, including the supplying of funds in connection therewith, and acknowledging the receipt of the Revised Forecast of Capital Budgets for Fiscal Years 2024 through 2028, as amended, all under certain terms and conditions.

230105
An Ordinance authorizing the extension of the program authorized by Bill No. 181043 under which advance approval is given to the Philadelphia Facilities Management Corporation to enter into certain contracts and transactions arising thereunder for the purchase, storage, distribution, transportation and/or transmission of natural and other gas supply on behalf of the Philadelphia Gas Works, subject to certain terms and conditions.

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Wednesday, December 7, 2022, at 9:00 AM to hear testimony on the following item:

220938\
An Ordinance authorizing the Director of Commerce and the Director of Finance to enter into amendments to multiyear agreements with the Philadelphia Authority for Industrial Development (“PAID”), the Philadelphia Redevelopment Authority, formerly known as the Redevelopment Authority of the City of Philadelphia (“PRA”), and other parties as necessary concerning the parking garage project constructed as part of the overall Market Street East - Gallery II Redevelopment Project, including an additional amendment to the agreement between the City and PAID, as amended, originally authorized by Bill No. 546 (approved June 15, 1993), and further authorizing the Director of Commerce and the Director of Finance, where necessary or prudent, to enter into ancillary agreements with any or all of PAID, PRA, Parametric Garage Associates (“Parametric”), a new lender to Parametric, and other parties under certain terms and conditions.

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Monday, October 17, 2022 to hear testimony on the following items:

220659
An Ordinance amending Bill No. 220401, entitled “An Ordinance Amending Chapter 19-1500 of The Philadelphia Code, entitled ‘Wage and Net Profits Tax,’ by revising certain tax rates, under certain terms and conditions,” to correct a typographical error in stating the period in which a reduction in the resident Net Profits Tax rate is applicable.

220660
An Ordinance amending Bill No. 210284, entitled “An Ordinance Amending Chapter 19-2600 of The Philadelphia Code, entitled ‘Business Income and Receipts Taxes,’ by revising certain tax rates, under certain terms and conditions,” to fix a mistake in identifying the tax year to which a tax reduction applies, so that the tax reduction applies in FY2023, all under certain conditions.

220742
An Ordinance authorizing an increase in the non-electoral indebtedness of the City within the Pennsylvania constitutional limit; authorizing the Bond Committee to sell bonds at public or private negotiated sale, to provide funds toward various capital municipal purposes; providing for appropriations to the Sinking Fund Commission for the payment of such bonds; and authorizing agreements to provide credit or payment or liquidity sources for the bonds in connection with issuance of the bonds, and certain other actions.

The Joint Committees on Children and Youth & Finance of the Council of the City of Philadelphia held a Public Hearing on Wednesday, June 22, 2022, at 10:00 AM to hear testimony on the following items:

220149
Resolution authorizing the City Council Committees on Children and Youth and on Finance to hold hearings regarding the Philadelphia Parking Authority’s unorthodox and contested request for the School District to repay the Parking Authority nearly $11 million.

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Thursday, June 9, 2022, at 1:00 PM to hear testimony on the following items:

220292
An Ordinance authorizing an increase in the non-electoral indebtedness of the City within the Pennsylvania constitutional limit; authorizing the Bond Committee to sell bonds at public or private negotiated sale, to provide funds toward various capital municipal purposes; providing for appropriations to the Sinking Fund Commission for the payment of such bonds; and authorizing agreements to provide credit or payment or liquidity sources for the bonds in connection with issuance of the bonds, and certain other actions.

220293
An Ordinance amending Bill No. 190412, entitled “An Ordinance approving City participation in the Commonwealth's Property Assessed Clean Energy Program, all under certain terms and conditions,” to modify the C-PACE program in conformity with Commonwealth legislation and to make other conforming changes, all under certain terms and conditions.

220506
An Ordinance authorizing and approving the execution and delivery of a Service Agreement between The City of Philadelphia and The Philadelphia Energy Authority relating to the financing of the construction, equipping and installation of an energy efficient City street lighting system and related improvements; approving the issuance by such Authority of bonds, notes or other evidences of indebtedness in one or more series to finance or refinance such project and authorizing and approving the obligation of the City to pay in full when due the Service Fee and other amounts payable under the Service Agreement; authorizing certain City officers to take certain actions required to issue such bonds, notes or other evidences of indebtedness; covenanting that the City will make necessary appropriations in each of the City’s fiscal years to provide for, and will make timely payments of, the Service Fee and other amounts due under the Service Agreement; and authorizing City officials to take other necessary or appropriate actions to effectuate the purposes of this Ordinance; all under certain terms and conditions.

220508
An Ordinance approving a Substantial Amendment to the Annual Action Plan 2021-2022 to add $42,007,561 in HOME - American Rescue Plan (HOME-ARP) funding, all under certain terms and conditions.

220509
An Ordinance authorizing the Director of Planning and Development, on behalf of the City, to file applications with the United States Department of Housing and Urban Development for a Community Development Block Grant; to file applications to participate in the HOME Investment Partnership program and the Emergency Solutions Grant program; and to apply for a Housing Opportunities for Persons with AIDS grant; and to file applications with the Commonwealth to obtain grants under the Act of April 12, 1956, P.L. 1449, Section 4, as amended, to prevent and eliminate blight; authorizing the Director of Planning and Development and the Director of Commerce to file applications to obtain other grants from the Commonwealth; authorizing the Director of Commerce to use the Section 108 Loan Guarantee Program; and authorizing the Director of Planning and Development and the Director of Commerce to enter into all understandings and assurances contained in such applications and take all necessary action to accept the grants; all under certain terms and conditions.

220510
An Ordinance authorizing the City Treasurer, on behalf of the City, to enter into an amendment agreement with Citizens Bank of Pennsylvania for provision of payroll banking services to the City, under certain terms and conditions.

220511
An Ordinance approving the Fiscal Year 2023 Capital Budget providing for expenditures for the capital purposes of the Philadelphia Gas Works (including the supplying of funds in connection therewith) subject to certain constraints and conditions, and acknowledging receipt of the Revised Forecast of Capital Budgets for Fiscal Years 2024 through 2028.

220529
An Ordinance authorizing the Fire Commissioner and the Revenue Commissioner, on behalf of the City, to enter into an intergovernmental agreement with the Commonwealth of Pennsylvania, Department of Human Services to enable the City to maintain and provide access to emergency medical services, under certain terms and conditions.

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Wednesday, May 18, 2022, at 9:00 AM to hear testimony on the following items:

220168
An Ordinance amending Section 2-305 of The Philadelphia Code, entitled “Office of Property Assessment; Chief Assessment Officers; Powers and Duties,” by further providing with respect to the manner in which assessments are determined for certain properties that are subject to resale restrictions; and by providing for additional reporting requirements with respect to such properties; all under certain terms and conditions.

220220
An Ordinance amending Title 19 of The Philadelphia Code, entitled “Finance, Taxes and Collections,” by adding a new Chapter 19-4500, entitled “Annual Reporting Relating to Unclaimed Property,” all under certain terms and conditions.

220359
An Ordinance authorizing the City of Philadelphia to enter into a guaranteed energy savings contract for the evaluation and implementation of energy conservation and efficiency measures designed to reduce energy, or other measurable consumption or operating costs of the City’s municipal street lighting system, all under certain terms and conditions

The Joint Committees on Finance & Transportation and Public Utilities of the Council of the City of Philadelphia held a Public Hearing on Friday, April 29, 2022, at 9:00 AM to hear testimony on the following items:

210653 Resolution authorizing the Committee on Finance and the Committee on Transportation and Public Utilities to conduct joint hearings regarding the sustainability and diversification of the Philadelphia Gas Works.

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Wednesday, March 2, 2022, at 10:00 AM to hear testimony on the following items:

210827 An Ordinance authorizing an increase in the non electoral indebtedness of the City within the Pennsylvania constitutional limit; authorizing the Bond Committee to sell bonds at public or private negotiated sale, to provide funds toward various capital municipal purposes; providing for appropriations to the Sinking Fund Commission for the payment of such bonds; and authorizing agreements to provide credit or payment or liquidity sources for the bonds in connection with issuance of the bonds, and certain other actions.

220116 An Ordinance approving the amendment of the Fiscal Year 2022 Capital Budget providing for expenditures for the capital purposes of the Philadelphia Gas Works (including the supplying of funds in connection therewith) subject to certain constraints and conditions, and acknowledging the receipt of the Revised Forecast of Capital Budgets for Fiscal Years 2023 through 2027, as amended.

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Wednesday, February 16, 2022, at 9:00 AM to hear testimony on the following items:

220079 An Ordinance constituting the Twenty Sixth Supplemental Ordinance to the Restated General Water and Wastewater Revenue Bond Ordinance of 1989, as supplemented; authorizing the Bond Committee to issue and sell one or more series or subseries of tax exempt or taxable water and wastewater revenue bonds and revenue refunding bonds; authorizing agreements to provide credit enhancement or payment or liquidity sources (or any combination of the foregoing) for such Bonds; providing that such Bonds shall bear interest at fixed or variable rates; determining the sufficiency of pledged Project Revenues; authorizing the Director of Finance to take certain actions with regard to the sale of such Bonds, the investment of proceeds thereof and the City’s continuing disclosure obligations with respect to such Bonds; setting forth the use of proceeds of such Bonds; covenanting the payment of interest and principal; supplementing the Restated General Water and Wastewater Revenue Bond Ordinance of 1989; and specifying applicability of sections of The First Class City Revenue Bond Act and the Restated General Water and Wastewater Revenue Bond Ordinance of 1989.

220080 An Ordinance authorizing the execution, delivery and performance by the Philadelphia Facilities Management Corporation on behalf of the Philadelphia Gas Works of a Renewal of Service Agreement for Gas Storage and Transportation Under Rate Schedule GSS with Transcontinental Gas Pipe Line Company, LLC.

The Joint Committees on Finance & Transportation and Public Utilities of the Council of the City of Philadelphia held a Public Hearing on Wednesday, February 9, 2022, at 1:00 PM to hear testimony on the following items:

210653 Resolution authorizing the Committee on Finance and the Committee on Transportation and Public Utilities to conduct joint hearings regarding the sustainability and diversification of the Philadelphia Gas Works.

The Joint Committees on Children and Youth & Finance of the Council of the City of Philadelphia held a Public Hearing on Wednesday, December 15, 2021, at 2:00 PM to hear testimony on the following items:

210698 Resolution authorizing the City Council Committees on Children and Youth and Finance to hold joint hearings on a plan to fund a comprehensive remediation and modernization of Philadelphia’s public school buildings to address major facilities flaws, adapt to a changing climate, and ensure public school students have the safe and modern buildings they deserve.

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Monday, December 13, 2021, at 10:00 AM to hear testimony on the following item:

210956 An Ordinance signifying the intention of the City of Philadelphia to organize the Philadelphia Public Financial Authority pursuant to authority established under state law, and amending Chapters 20 600 (“Standards of Conduct and Ethics”), 20 1200 (“Lobbying”), and 17 1400 (“Non Competitively Bid Contracts; Financial Assistance”) of The Philadelphia Code to address ethics, contractual and other requirements applicable to the Philadelphia Public Financial Authority, all under certain terms and conditions.

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Monday, December 6, 2021, at 10:00 AM to hear testimony on the following items:

210782 An Ordinance amending Bill No. 210320 (approved June 28, 2021), entitled “An Ordinance to adopt a Capital Program for the six Fiscal Years 2022 2027 inclusive,” by adding, revising, and/or removing certain projects, amounts and sources, for the purpose of providing Safe Play Zone security cameras, under certain terms and conditions.

210783 An Ordinance amending Bill No. 210321 (approved June 28, 2021), entitled “An Ordinance to adopt a Fiscal 2022 Capital Budget,” by adding, revising, and/or removing certain projects, amounts and sources, for the purpose of providing Safe Play Zone security cameras, under certain terms and conditions.

210864 An Ordinance amending Subsection 19 2604(6) of The Philadelphia Code (“Credit for Contributions to Community Development Corporations, Nonprofit Organizations Engaged in Developing and Implementing Healthy Food Initiatives and Nonprofit Intermediaries”) to clarify the number of contribution agreements that may be entered into, all under certain terms and conditions.

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Wednesday, October 6, 2021, at 9:00 AM to hear testimony on the following items:

210681 An Ordinance approving the 2021 2022 Neighborhood Preservation Initiative Program Statement and Budget, which addresses the expenditure of $100 million by various agencies in the first year of the Neighborhood Preservation Initiative Program, and approving a Substantial Amendment to the Annual Action Plan 2021 2022, the City’s consolidated housing and housing related expenditures plan, to incorporate the Program Statement and Budget into the Action Plan.

210682 An Ordinance authorizing the City Treasurer, on behalf of the City, to enter into an amendment to an agreement with Citizens Bank of Pennsylvania for provision of payroll banking services to the City, under certain terms and conditions.

210684 An Ordinance authorizing, generally, the continued issuance and sale by the City of Philadelphia of Gas Works Revenue Notes of the City, prescribing the forms of notes and providing for their execution and payment, pledging certain revenues of the Gas Works as security, adopting a rate covenant and directing the imposition and collection of rates and charges sufficient to comply therewith, prescribing the conditions precedent to the issuance of specific series of notes, including a resolution passed by the Bond Committee providing for establishment of credit support for notes, providing for designation of a fiscal agent and sinking fund depositary, providing for establishment of a sinking fund and its management, providing remedies upon default, and providing for amendments and modifications.

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Monday, June 7, 2021, at 9:30 AM, in a remote manner using Microsoft® Teams to hear testimony on the following items:

210475 An Ordinance authorizing the Director of Planning and Development, on behalf of the City, to file applications with the United States Department of Housing and Urban Development for a Community Development Block Grant; to file applications to participate in the HOME Investment Partnership program and the Emergency Solutions Grant program; and to apply for a Housing Opportunities for Persons with AIDS grant; and to file applications with the Commonwealth to obtain grants under the Act of April 12, 1956, P.L. 1449, Section 4, as amended, to prevent and eliminate blight; authorizing the Director of Planning and Development and the Director of Commerce to file applications to obtain other grants from the Commonwealth; authorizing the Director of Commerce to use the Section 108 Loan Guarantee Program; and authorizing the Director of Planning and Development and the Director of Commerce to enter into all understandings and assurances contained in such applications and take all necessary action to accept the grants; all under certain terms and conditions.

210476 An Ordinance approving the amendment of the Fiscal Year 2021 Capital Budget providing for expenditures for the capital purposes of the Philadelphia Gas Works (including the supplying of funds in connection therewith) subject to certain constraints and conditions, and acknowledging the receipt of the Revised Forecast of Capital Budgets for Fiscal Years 2022 through 2026, as amended.

210477 An Ordinance approving the Fiscal Year 2022 Capital Budget providing for expenditures for the capital purposes of the Philadelphia Gas Works (including the supplying of funds in connection therewith) subject to certain constraints and conditions, and acknowledging receipt of the Revised Forecast of Capital Budgets for Fiscal Years 2023 through 2027.

210508 An Ordinance authorizing the City Treasurer, on behalf of the City, to enter into a provider agreement with Citizens Bank of Pennsylvania for provision of payroll banking services to the City, under certain terms and conditions.

The Joint Committee on Finance & Special Committee on Gun Violence Prevention of the Council of the City of Philadelphia will hold a Public Hearing on Thursday, June 3, 2021, at 9:30 AM, in a remote manner using Microsoft® Teams to hear testimony on the following items:

210169 Resolution authorizing the Committees on Finance and on Gun Violence Prevention to hold joint hearings regarding the connection between poverty, gun violence, and systemic racism in Philadelphia.

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Friday, April 30, 2021, at 9:30 AM, in a remote manner using Microsoft® Teams to hear testimony on the following items:

210203 An Ordinance 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 initiative and authorizing and approving the obligation of The City of Philadelphia to pay in full when due the Service Fee and other amounts payable under each Service Agreement; authorizing certain City officers to take certain actions required to issue such bonds, notes or other evidences of indebtedness; covenanting that The City of Philadelphia will make necessary appropriations in each of the City’s fiscal years to provide for, and will make timely payments of, the Service Fee and other amounts due under each such Service Agreement; and authorizing and approving the Director of Finance of the City and other City officials to take other necessary or appropriate actions to effectuate the purposes of this ordinance; all under certain terms and conditions.

210191 Resolution authorizing the Committee on Finance to hold hearings regarding the potential of land value taxation in and for Philadelphia.

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Tuesday, April 6, 2021, at 9:30 AM, in a remote manner using Microsoft® Teams to hear testimony on the following item:

210139 An Ordinance amending Chapter 19 500 of The Philadelphia Code, entitled “Taxes and Rents General,” by adding required conditions and information for reporting adjustments to taxable income, under certain terms and conditions.

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Tuesday, February 9, 2021, at 2:30 PM, in a remote manner using Microsoft® Teams to hear testimony on the following items:

210004 An Ordinance authorizing and approving the execution and delivery of a Service Agreement between The City of Philadelphia and the Philadelphia Authority for Industrial Development relating to the refunding of certain bonds previously issued to finance and/or refinance Alternative Funding Mechanisms for a portion of the unfunded actuarial accrued liability of the City of Philadelphia Retirement System implemented pursuant to the Municipal Pension Plan Funding Standard and Recovery Act; approving the issuance by the Philadelphia Authority for Industrial Development of bonds, notes or other evidences of indebtedness in one or more series, to refund such bonds; authorizing and approving the City’s obligation to pay in full when due the Service Fee and other amounts payable under the Service Agreement; authorizing certain City officers to take certain actions required to issue bonds, notes or other evidences of indebtedness; covenanting that the City will make necessary appropriations in each of the City’s fiscal years to provide for the Service Fee and other amounts due under the Service Agreement; covenanting that the City will make timely payments of the Service Fee and other amounts due under the Service Agreement; authorizing and approving the Director of Finance and other City officers to take such actions, if any, as may be necessary or appropriate to accomplish the intent and purpose of this Ordinance; all under certain terms and conditions.

210006 An Ordinance amending Chapter 19 200 of The Philadelphia Code, entitled “City Funds Deposits, Investments, Disbursements,” by amending Section 19 201, entitled “City Depositories,” by authorizing the City Treasurer to deposit funds in Santander Bank, National Association, under certain terms and conditions.

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Monday, November 30, 2020, at 1:00 PM, in a remote manner using Microsoft® Teams to hear testimony on the following items:

200573 An Ordinance amending Chapter 19 1300 of The Philadelphia Code, entitled “Real Estate Taxes,” by clarifying definitions and process regarding qualification for certain tax abatements based on tax delinquency, all under certain terms and conditions.

200624 An Ordinance approving a Second Substantial Amendment to the Annual Action Plan 2019 2020 to add $11,311,404 in Federal Coronavirus Aid, Relief and Economic Security Act funding, all under certain terms and conditions.

The Committee on Finance of the Council of the City of Philadelphia hel a Public Hearing on Monday, November 9, 2020, at 1:00 PM, in a remote manner using Microsoft® Teams to hear testimony on the following items:

200387 An Ordinance amending The Philadelphia Code to add a new Section, entitled “Good Parking Jobs for Philadelphia Review Committee,” to provide for the creation of an advisory body to consider the quality of jobs and opportunities for workers in the parking industry and the potential to make adjustments to the Parking Tax, including with respect to the goal of reducing the parking tax to seventeen percent by July 1, 2022, based on a review of working conditions in the parking industry, and to provide reports related thereto, all under certain terms and conditions.

200599 An Ordinance constituting the Twenty Fifth Supplemental Ordinance to the Restated General Water and Wastewater Revenue Bond Ordinance of 1989, as supplemented; authorizing the Bond Committee to issue and sell one or more series or subseries of tax exempt or taxable water and wastewater revenue bonds and revenue refunding bonds, some or all of which may be used for the implementation of a revolving commercial paper program for the System; authorizing agreements to provide credit enhancement or payment or liquidity sources (or any combination of the foregoing) for such Obligations; providing that such Obligations shall bear interest at fixed or variable rates; authorizing the Bond Committee to take certain action with regard to the terms and conditions of the water and wastewater revenue bonds or notes and related agreements and the elections under the Restated General Water and Wastewater Revenue Bond Ordinance of 1989; determining the sufficiency of pledged Project Revenues; authorizing the Director of Finance to take certain actions with regard to the sale of such Obligations, the investment of proceeds thereof and the City’s continuing disclosure obligations with respect to such Obligations; setting forth the use of proceeds of such Obligations; covenanting the payment of interest and principal; supplementing and amending the Restated General Water and Wastewater Revenue Bond Ordinance of 1989; and specifying applicability of sections of The First Class City Revenue Bond Act and the Restated General Water and Wastewater Revenue Bond Ordinance.

200600 An Ordinance constituting the Twenty Fourth Supplemental Ordinance to the Restated General Water and Wastewater Revenue Bond Ordinance of 1989, as supplemented; authorizing the Bond Committee to issue and sell one or more series or subseries of tax exempt or taxable water and wastewater revenue bonds and revenue refunding bonds; authorizing agreements to provide credit enhancement or payment or liquidity sources (or any combination of the foregoing) for such Bonds; providing that such Bonds shall bear interest at fixed or variable rates; determining the sufficiency of pledged Project Revenues; authorizing the Director of Finance to take certain actions with regard to the sale of such Bonds, the investment of proceeds thereof and the City’s continuing disclosure obligations with respect to such Bonds; setting forth the use of proceeds of such Bonds; covenanting the payment of interest and principal; supplementing the Restated General Water and Wastewater Revenue Bond Ordinance of 1989; and specifying applicability of sections of The First Class City Revenue Bond Act and the Restated General Water and Wastewater Revenue Bond Ordinance.

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Monday, October 5, 2020, at 1:00 PM, in a remote manner using Microsoft® Teams to hear testimony on the following items:

200054 Resolution authorizing the Committee on Finance to hold hearings regarding public banking.

The Joint Committees on Finance & Commerce and Economic Development of the Council of the City of Philadelphia held a Public Hearing on Wednesday, September 30, 2020, at 9:30 AM, in a remote manner using Microsoft® Teams to hear testimony on the following items:

200336 Resolution authorizing the Committees on Finance and on Commerce & Economic Development to hold joint hearings regarding Philadelphia’s safe, equitable, and robust economic recovery from the coronavirus pandemic.

The Joint Committees on Finance & Commerce and Economic Development of the Council of the City of Philadelphia held a Public Hearing on Tuesday, August 4, 2020, at 9:30 AM to hear testimony on the following items:

200336
Resolution authorizing the Committees on Finance and on Commerce & Economic Development to hold joint hearings regarding Philadelphia’s safe, equitable, and robust economic recovery from the coronavirus pandemic.

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Monday, June 15, 2020, at 2:30 PM, in a remote manner using Microsoft® Teams to hear testimony on the following item:

200347 An Ordinance amending Chapter 19 3200 of The Philadelphia Code, entitled “Keystone Opportunity Zone, Economic Development District, and Strategic Development Area,” to provide for additional extensions of certain benefits, for the purpose of facilitating economic recovery from the COVID 19 pandemic, all under certain terms and conditions.

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Monday, June 8, 2020, at 2:30 PM, in a remote manner using Microsoft® Teams to hear testimony on the following items:

200296 An Ordinance constituting the Fifteenth Supplemental Ordinance to the General Gas Works Revenue Bond Ordinance of 1998 (the “1998 General Ordinance”); authorizing the City of Philadelphia, Pennsylvania (the “City”) to sell, either at public or private sale, one or more series of Gas Works Revenue Bonds and Gas Works Revenue Bonds to refund such Bonds (the “Bonds”); to pay the costs of certain capital projects and other Project Costs; authorizing the City to obtain credit enhancement for any Series of the Bonds; making certain determinations and covenants relating to Gas Works Revenues and the payment of interest and principal; and authorizing covenants and actions in order that the Bonds shall not be arbitrage bonds; all under certain terms and conditions.

200297 An Ordinance constituting the Twenty Third Supplemental Ordinance to the Restated General Water and Wastewater Revenue Bond Ordinance of 1989, as supplemented; authorizing the Bond Committee to issue and sell one or more Series of tax exempt or taxable Water and Wastewater Refunding Revenue Bonds and revenue refunding bonds; authorizing agreements to provide credit enhancement or payment or liquidity sources (or any combination of the foregoing) for such Bonds; providing that such Bonds shall bear interest at fixed or variable rates; determining the sufficiency of pledged Project Revenues; authorizing the Director of Finance to take certain actions with regard to the sale of such Bonds, the investment of proceeds thereof and the City’s continuing disclosure obligations with respect to such Bonds; setting forth the use of proceeds of such Bonds; covenanting the payment of interest and principal; and supplementing the Restated General Water and Wastewater Revenue Bond Ordinance of 1989.

200298 An Ordinance authorizing the Bond Committee to sell bonds at public or private negotiated sale, to provide funds toward various capital municipal purposes; providing for appropriations to the Sinking Fund Commission for the payment of such bonds; authorizing agreements to provide credit or payment or liquidity sources for the bonds in connection with issuance of the bonds, and certain other actions; providing for obtaining the consent of the electors to increasing the indebtedness of the City; and fixing a day and providing for arrangements for holding the election for obtaining such consent.

200299 An Ordinance authorizing the City Treasurer, on behalf of the City, to enter into an amendment agreement with Citizens Bank of Pennsylvania for provision of payroll banking services to the City, under certain terms and conditions.

200300 An Ordinance approving the Fiscal Year 2021 Capital Budget providing for expenditures for the capital purposes of the Philadelphia Gas Works (including the supplying of funds in connection therewith) subject to certain constraints and conditions, and acknowledging receipt of the Revised Forecast of Capital Budgets for Fiscal Years 2022 through 2026.

200329 An Ordinance approving a Substantial Amendment to the Annual Action Plan 2019 2020 to add $40,410,779 in Federal Coronavirus Aid, Relief and Economic Security Act (CARES) funding, all under certain terms and conditions.

200330 An Ordinance authorizing the Director of Planning and Development, on behalf of the City, to file applications with the United States Department of Housing and Urban Development for a Community Development Block Grant; to file applications to participate in the HOME Investment Partnership program and the Emergency Solutions Grant program; and to apply for a Housing Opportunities for Persons with AIDS grant; and to file applications with the Commonwealth to obtain grants under the Act of April 12, 1956, P.L. 1449, Section 4, as amended, to prevent and eliminate blight; authorizing the Director of Planning and Development and the Director of Commerce to file applications to obtain other grants from the Commonwealth; authorizing the Director of Commerce to use the Section 108 Loan Guarantee Program; and authorizing the Director of Planning and Development and the Director of Commerce to enter into all understandings and assurances contained in such applications and take all necessary action to accept the grants; all under certain terms and conditions.

City of Philadelphia

Public Hearing Notice

February 11, 2020

The Committee on Finance of the Council of the City of Philadelphia will hold a Public Hearing on Tuesday, February 18, 2020, at 11:00 AM, in Room 400, City Hall, to hear testimony on the following items:

200016 An Ordinance amending Section 19 1508 of The Philadelphia Code, entitled “Refunds and Forgiveness for Poverty Income,” to revise the tax rate, under certain terms and conditions.

200117 An Ordinance approving the amendment of the Fiscal Year 2020 Capital Budget providing for expenditures for the capital purposes of the Philadelphia Gas Works (including the supplying of funds in connection therewith) subject to certain constraints and conditions, and acknowledging the receipt of the Revised Forecast of Capital Budgets for Fiscal Years 2021 through 2025, as amended.

Immediately following the public hearing, a meeting of the Committee on Finance, open to the public, will be held to consider the action to be taken on the above listed items.

Copies of the foregoing items are available in the Office of the Chief Clerk of the Council, Room 402, City Hall.

Michael A. Decker
Chief Clerk

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Tuesday, December 3, 2019, at 12:00 PM, in Room 400, City Hall, to hear testimony on the following items:

190750 An Ordinance amending Title 19 of The Philadelphia Code, entitled “Finance, Taxes and Collections,” Chapter 19 1300, entitled “Real Estate Taxes,” by adding a new Section 19 1310, entitled “Providing for a Tax Credit for Lead Paint and Other Hazards Remediation;” all under certain terms and conditions.

190848 An Ordinance amending Chapter 19 3200 of The Philadelphia Code, entitled “Keystone Opportunity Zone, Economic Development District, and Strategic Development Area,” to provide for additional extensions of certain benefits, under certain terms and conditions.

190850 An Ordinance authorizing the Office of the City Treasurer, on behalf of the City, to enter into one or more agreements with FIS AvantGard LLC, for the installation and maintenance of an information management system for use by the Treasurer’s Office, all under certain terms and conditions.

190911 An Ordinance amending Chapter 13 100 of The Philadelphia Code, entitled “Water, Sewer and Storm Water Rates,” to provide for enforcement of prevailing wage provisions of the Code that apply in connection with the receipt of charity water rates, under certain terms and conditions.

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Wednesday, November 13, 2019, at 10:00 AM, in Room 400, City Hall, to hear testimony on the following item:

190746 An Ordinance amending Section 19 1508 of The Philadelphia Code, entitled “Refunds and Forgiveness for Poverty Income,” to revise the tax rate, under certain terms and conditions.

From the hearing of the Committee on Finance held Wednesday, November 13, 2019:

Councilmember Allan Domb (At large) makes remarks before the hearing on his bill, No. 190746:

Amending Section 19-1508 of The Philadelphia Code, entitled "Refunds and Forgiveness for Poverty Income," to revise the tax rate, under certain terms and conditions.

Read the bill: https://phila.legistar.com/LegislationDetail.aspx?ID=4147915&GUID=EDB797D1-4050-4FCF-95A2-65EB2923FEB7&Options=ID|Text|&Search=190746

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Tuesday,
October 8, 2019, at 10:00 AM, in Room 400, City Hall, to hear testimony on the following items:

190509
An Ordinance amending Chapter 19-200 of The Philadelphia Code, entitled “City Funds - Deposits, Investments, Disbursements”, by revising the list of City depositories; under certain terms and conditions.

190616
An Ordinance amending Title 19 of The Philadelphia Code, entitled “FINANCE, TAXES AND COLLECTIONS,” by adding three new definitions to Section 19-1501 and adding a new Section 19-1507, entitled “Student Debt Tax Credit”; all under certain terms and conditions.

190706
An Ordinance authorizing the issuance from time to time of one or more series of general obligation bonds to provide funds to refund certain outstanding general obligation bonds of The City of Philadelphia; authorizing the Mayor, City Controller and City Solicitor or a majority of them to sell the bonds at public or private negotiated sale; setting forth the purposes for which the proceeds of the bonds will be expended; providing for the maturities and for other terms and conditions and for the form of the bonds; providing that bonds may be redeemable prior to maturity; providing sinking funds for the bonds and for appropriations to the Sinking Fund Commission for the payment thereof; authorizing agreements to provide credit enhancement or payment or
liquidity sources for the bonds and certain other actions.

180609
Resolution authorizing the City Council Committee on Finance to hold public hearings on a potential "Food Diversion Tax Credit" in the City of Philadelphia.

190663 Resolution authorizing the City Council Committee on Finance to hold hearings to investigate the possibility of starting a fund to help decrease the cost burden on families living in historic districts who have additional expenses associated with maintaining their properties as required by the historic preservation guidelines.

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Monday, June 10, 2019 to hear testimony on the following items:

Agenda: https://phila.legistar.com/View.ashx?M=A&ID=705025&GUID=14ED1F5A-889C-4032-990C-55F4F788E226

Committee on Finance
Chair: Councilwoman Jannie Blackwell (3rd District)
Vice Chair: Councilman Bobby Henon (6th District)

The Committee on Finance of the Council of the City of Philadelphia will hold a Public Hearing on Thursday, May 9, 2019, at 9:00 AM, in Room 400, City Hall, to hear testimony on the following item:

190353 An Ordinance authorizing the City of Philadelphia Department of Public Health, on behalf of the City, to enter into an intergovernmental agreement with the Commonwealth of Pennsylvania, Department of Human Services, whereby additional funds could be made available to City Federally Qualified Health Centers, under certain terms and conditions.

Committee on Finance
Chair: Councilwoman Jannie Blackwell (3rd District)
Vice Chair: Councilman Bobby Henon (6th District)

The Finance Committee held a Public Hearing on Thursday, April 18, 2019, at 10:00 A.M., to hear testimony on the following item(s):

190129
Constituting the Twenty-Second Supplemental Ordinance to the Restated General Water and Wastewater Revenue Bond Ordinance of 1989, as supplemented; authorizing the Bond Committee to issue and sell one or more series or subseries of tax-exempt or taxable water and wastewater revenue bonds and revenue refunding bonds; authorizing agreements to provide credit enhancement or payment or liquidity sources (or any combination of the foregoing) for such Bonds; providing that such Bonds shall bear interest at fixed or variable rates; determining the sufficiency of pledged Project Revenues; authorizing the Director of Finance to take certain actions with regard to the sale of such Bonds, the investment of proceeds thereof and the City's continuing disclosure obligations with respect to such Bonds; setting forth the use of proceeds of such Bonds; covenanting the payment of interest and principal; and supplementing the Restated General Water and Wastewater Revenue Bond Ordinance of 1989.

190135
Amending Chapter 19-1400 of The Philadelphia Code, entitled "Realty Transfer Tax," to clarify the definition of "Value," under certain terms and conditions.

190231
Approving a Substantial Amendment to the Annual Action Plan 2018-2019 for $19,131,000 from the Housing Trust Fund Non-Recording Fee Sub-Fund, all under certain terms and conditions.

Committee on Finance
Chair: Councilwoman Jannie Blackwell (3rd District)
Vice Chair: Councilman Bobby Henon (6th District)

The Committee on Finance of the Council of the City of Philadelphia will hold a Public Hearing on Friday, April 5, 2019, at 2:00 PM, in Room 400, City Hall, to hear testimony on the following item:

190186 An Ordinance amending Chapter 19 500 of The Philadelphia Code, entitled “Taxes and Rents General,” by providing for a temporary tax amnesty program under which delinquent taxpayers may satisfy their past due tax obligations with forgiveness of all or a portion of accrued interest and penalties, under certain terms and conditions.

Finance
Chair: Councilwoman Jannie Blackwell (3rd District)
Vice Chair: Councilman Bobby Henon (6th District)

The Joint Committees on Finance and Global Opportunities & the Creative/Innovative Economy of the Council of the City of Philadelphia held a Public Hearing on Tuesday, March 12, 2019, at 11:00 AM, in Room 400, City Hall, to hear testimony on the following item:

190077 Resolution authorizing Council’s Committee on Finance and the Committee on Global Opportunities and the Creative/Innovative Economy to hold hearings regarding the development of a responsible financial plan to meet the City’s requirement to adequately fund the Community College of Philadelphia as required by State law.

Committee on Finance
Chair: Councilwoman Jannie Blackwell (3rd District)
Vice Chair: Councilman Bobby Henon (6th District)

Committee on Global Opportunities and the Creative and Innovative Economy
Chair: Councilman David Oh (At Large)
Vice Chair: Councilman Al Taubenberger (At Large)

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Tuesday, February 12, 2019, at 1:00 PM, in Room 400, City Hall, to hear testimony on the following item:

181103 An Ordinance amending Chapter 19 3900 of The Philadelphia Code, entitled “Tax Exemptions for Longtime Owner Occupants of Residential Properties,” to revise the standards for eligibility and the benefit determination, under certain terms and conditions.

Committee on Finance
Chair: Councilwoman Jannie Blackwell (3rd District)
Vice Chair: Councilman Bobby Henon (6th District)

The Committee on Finance of the Council of the City of Philadelphia will hold a Public Hearing on Tuesday, February 5, 2019, at 2:00 PM, in Room 400, City Hall, to hear testimony on the following item:

190004 An Ordinance amending Chapter 19 2900 of Title 19 of The Philadelphia Code, entitled “Senior Citizen Low Income Special Tax Provisions,” by extending the deadline for low income seniors to apply for a refund or forgiveness of Real Estate Taxes.

Committee on Finance
Chair: Councilwoman Jannie Blackwell (3rd District)
Vice Chair: Councilman Bobby Henon (6th District)

From the hearing of the Philadelphia City Council Committee on Finance held Wednesday, December 5, 2018:

Testimony on Bill No. 180935 - introduced by Council President Darrell L. Clarke (5th District)

An Ordinance amending Chapter 19-3200 of The Philadelphia Code, entitled "Keystone Opportunity Zone, Economic Development District, and Strategic Development Area," by requiring that applications for zone designation include Opportunity Plans that provide for apprenticeship and other work opportunities for students enrolled in School District Career and Technical Education Programs, all under certain terms and conditions.

Watch the full hearing: https://youtu.be/i90FSlgxn4g

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Tuesday, October 30, 2018, at 10:30 AM to hear testimony on the following items:

180870 An Ordinance amending Section 21-2302 of The Philadelphia Code, entitled "Form of Fiscal Impact Statements," by amending Exhibit "A" to add job growth or loss information, all under certain terms and conditions.

180909 An Ordinance amending Chapter 19-2600 of The Philadelphia Code, entitled "Business Income and Receipts Taxes," by extending the period that Net Operating Losses can be carried, all under certain terms and conditions.

Committee on Finance
Chair: Councilwoman Jannie Blackwell (3rd District)
Vice Chair: Councilman Bobby Henon (6th District)

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Wednesday, June 20, 2018 to hear testimony on the following items:

180600 An Ordinance amending Chapter 19-3200 of The Philadelphia Code, entitled "Keystone Opportunity Zone, Economic Development District, and Strategic Development Area," by providing for further Keystone Opportunity Expansion Zones, under certain terms and conditions.

180603 An Ordinance amending Chapter 19-2900 of The Philadelphia Code, entitled "Senior Citizen Low Income Special Tax Provisions," by providing for regulations relating to eligibility, under certain terms and conditions.

Committee on Finance
Chair: Councilwoman Jannie Blackwell (3rd District)
Vice Chair: Councilman Bobby Henon (6th District)

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Tuesday, May 22, 2018 to hear testimony on the following items:

180261 An Ordinance amending subsection 19-2604(6) of The Philadelphia Code, under which businesses may enter into agreements to make contributions to community development corporations and certain other organizations to receive credits against business income and receipts taxes, by increasing the number of businesses for which the credit shall be made available to, all under certain terms and conditions.

180347 An Ordinance amending Chapter 21-1600 of The Philadelphia Code, entitled "Housing Trust Fund," to authorize the establishment of separate sub-funds to receive, respectively, revenues attributable to recording fees and revenues attributable to certain payments required upon construction of certain real estate; to provide for and authorize the manner in which such revenues may be appropriated and spent; and to designate the agency within City government responsible for administering the Housing Trust Fund; all under certain terms and conditions.

180351 An Ordinance providing for a payment to the City upon the construction of certain real estate, and directing Council to appropriate revenues from such payments to the Department of Planning and Development - Division of Housing and Community Development, in order to support equitable neighborhood development by constructing affordable housing, including units for sale or rent, and by providing assistance to Philadelphians who desire to become homeowners, all under certain terms and conditions.

180392 An Ordinance amending Chapter 19-1400 of The Philadelphia Code, entitled "Realty Transfer Tax," by amending Section 19-1405, entitled "Excluded Transactions," by replacing gendered marital signifiers.

180393 An Ordinance amending Title 19, Chapter 2900, of The Philadelphia Code, entitled "Senior Citizen Low Income Special Tax Provisions," to make certain technical changes; all under certain terms and conditions.

Committee on Finance
Chair: Councilwoman Jannie Blackwell (3rd District)
Vice Chair: Councilman Bobby Henon (6th District)

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Monday, March 19, 2018 to hear testimony on the following items:

170365 An Ordinance amending Chapter 19-200 of The Philadelphia Code, entitled "City Funds - Deposits, Investments, Disbursements," by amending Section 19-201, entitled "City Depositories," by authorizing the City Treasurer to deposit funds in Santander Bank, National Association, under certain terms and conditions.

171110 An Ordinance constituting the Twenty-First Supplemental Ordinance to the Restated General Water and Wastewater Revenue Bond Ordinance of 1989, as amended and supplemented (the "General Ordinance"), providing for certain amendments to the General Ordinance under certain terms and conditions.

171111 An Ordinance constituting the Twentieth Supplemental Ordinance to the Restated General Water and Wastewater Revenue Bond Ordinance of 1989, as supplemented; authorizing the Bond Committee to issue and sell one or more series or subseries of tax-exempt or taxable water and wastewater revenue bonds and revenue refunding bonds; authorizing agreements to provide credit enhancement or payment or liquidity sources (or any combination of the foregoing) for such Bonds; providing that such Bonds shall bear interest at fixed or variable rates; determining the sufficiency of pledged Project Revenues; authorizing the Director of Finance to take certain actions with regard to the sale of such Bonds, the investment of proceeds thereof and the City's continuing disclosure obligations with respect to such Bonds; setting forth the use of proceeds of such Bonds; covenanting the payment of interest and principal; and supplementing the Restated General Water and Wastewater Revenue Bond Ordinance of 1989.

180010 An Ordinance amending Chapter 19-200 of The Philadelphia Code, entitled "City Funds - Deposits, Investments, Disbursements," by amending Section 19-201, entitled "City Depositories," by authorizing the City Treasurer to deposit funds in Fulton Bank, National Association, under certain terms and conditions.

180096 An Ordinance amending Chapter 19-1400 of The Philadelphia Code, entitled "Realty Transfer Tax," by excluding from the tax a transfer of property between the Philadelphia Housing Authority (PHA) and a Pennsylvania Limited Partnership (PLP) whose General Partner PHA owns and controls; and a transfer of property from PHA or a PHA-controlled PLP to a wholly owned subsidiary of PHA; all under certain terms and conditions.

180138 An Ordinance amending Chapter 19-1300 of The Philadelphia Code, entitled "Real Estate Taxes," regarding terms of payment agreements, all under certain terms and conditions.

180139 An Ordinance amending Section 19-1806 of The Philadelphia Code, entitled "Authorization of Realty Use and Occupancy Tax," to revise the timing of the determination of assessed value, under certain terms and conditions.


Committee on Finance
Chair: Councilwoman Jannie Blackwell (3rd District)
Vice Chair: Councilman Bobby Henon (6th District)

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Wednesday, December 6, 2017, at 3:00 PM, in Room 400, City Hall, to hear testimony on the following items:

171052 An Ordinance authorizing and approving the execution and delivery of a Service Agreement between the City of Philadelphia and the Philadelphia Authority for Industrial Development relating to the financing of energy conservation and efficiency measures at the Philadelphia Museum of Art Main Building, the Perelman Building and the Rodin Building; approving the issuance by such Authority of bonds, notes or other evidences of indebtedness in one or more series to finance or refinance such project and authorizing and approving the obligation of the City to pay in full when due the Service Fee and other amounts payable under the Service Agreement; authorizing certain City officers to take certain actions required to issue such bonds, notes or other evidences of indebtedness; covenanting that the City will make necessary appropriations in each of the City's fiscal years to provide for, and will make timely payments of, the Service Fee and other amounts due under the Service Agreement; and authorizing City officials to take other necessary or appropriate actions to effectuate the purposes of this ordinance; all under certain terms and conditions.

171053 An Ordinance authorizing the City of Philadelphia to enter into a guaranteed energy savings contract for the implementation and evaluation of energy conservation and efficiency measures designed to reduce energy, water, wastewater or other consumption or operating costs at specified City properties, and under certain terms and conditions.

Committee on Finance
Chair: Councilwoman Jannie Blackwell (3rd District)
Vice Chair: Councilman Bobby Henon (6th District)

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Thursday, November 16, 2017, at 1:00 PM, in Room 400, City Hall, to hear testimony on the following item:

160111 An Ordinance amending Chapter 12-2800 of The Philadelphia Code, entitled "Administrative Adjudication of Parking Violations," to establish an amnesty program for fines, fees and penalties on parking violations; all under certain terms and conditions.

Committee on Finance
Chair: Councilwoman Jannie Blackwell (3rd District)
Vice Chair: Councilman Bobby Henon (6th District)

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Wednesday, November 1, 2017, at 10:00 AM, in Room 400, City Hall, to hear testimony on the following items:

160111 An Ordinance amending Chapter 12-2800 of The Philadelphia Code, entitled "Administrative Adjudication of Parking Violations," to establish an amnesty program for fines, fees and penalties on parking violations; all under certain terms and conditions.

170717 An Ordinance amending Chapter 19-4200 of The Philadelphia Code, entitled "New Sustainable Businesses," to expand the tax relief offered to such businesses, and to make technical corrections, all under certain terms and conditions.

170878 An Ordinance authorizing and approving the execution and delivery of a Service Agreement between the City of Philadelphia and the Philadelphia Redevelopment Authority relating to the financing of a home repair program for City homeowners; approving the issuance by 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 program and authorizing and approving the obligation of the City to pay in full when due the Service Fee and other amounts payable under the Service Agreement; authorizing certain City officers to take certain actions required to issue such bonds, notes or other evidences of indebtedness; covenanting that the City will make necessary appropriations in each of the City's fiscal years to provide for, and will make timely payments of, the Service Fee and other amounts due under the Service Agreement; and authorizing City officials to take other necessary or appropriate actions to effectuate the purposes of this Ordinance; all under certain terms and conditions.

Committee on Finance
Chair: Councilwoman Jannie Blackwell (3rd District)
Vice Chair: Councilman Bobby Henon (6th District)

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Tuesday, October 10, 2017, at 3:00 PM, in Room 400, City Hall, to hear testimony on the following item:

170792 An Ordinance amending Chapter 19-3200 of The Philadelphia Code, entitled "Keystone Opportunity Zone, Economic Development District, and Strategic Development Area," to provide for additional extensions of certain benefits, under certain terms and conditions.

Committee on Finance
Chair: Councilwoman Jannie Blackwell (3rd District)
Vice Chair: Councilman Bobby Henon (6th District)

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Wednesday, June 21, 2017 City Hall, to hear testimony on the following item:

170623 An Ordinance authorizing the Bond Committee to sell bonds at public or private negotiated sale, to provide funds toward various capital municipal purposes; providing for appropriations to the Sinking Fund Commission for the payment of such bonds; authorizing agreements to provide credit or payment or liquidity sources for the bonds in connection with issuance of the bonds, and certain other actions; providing for obtaining the consent of the electors to increasing the indebtedness of the City; and fixing a day and providing for arrangements for holding the election for obtaining such consent.

Finance
Chair: Councilwoman Jannie Blackwell (3rd District)
Vice Chair: Councilman Bobby Henon (6th District)

From the hearing of Philadelphia City Council's Committee on Finance held Monday, June 5, 2017:

Testimony on Ordinance No. 170519
An Ordinance amending Chapter 19-1300 of The Philadelphia Code, entitled "Real Estate Taxes," by creating a tax foreclosure diversion program that requires housing counseling assistance, updating tax installment payment agreements to help taxpayers with financial hardships, and other related items; all under certain terms and conditions.

Read the ordinance: http://bit.ly/2r2O3jt

Committee on Finance
Chair: Councilwoman Jannie Blackwell (3rd District)
Vice Chair: Councilman Bobby Henon (6th District)

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Monday, June 5, 2017 to hear testimony on the following:

170432 An Ordinance constituting the Fourteenth Supplemental Ordinance to the General Gas Works Revenue Bond Ordinance of 1998 (the "1998 General Ordinance"); authorizing the City of Philadelphia, Pennsylvania (the "City") to sell, either at public or private sale, one or more series of Gas Works Revenue Bonds (the "Bonds") and Gas Works Revenue Bonds to refund such Bonds, and one or more series of Gas Works Revenue Notes (the "Notes") and Gas Works Revenue Bonds or Notes to refund such Notes; to pay the costs of certain capital projects and other Project Costs; authorizing the City to obtain credit enhancement for any Series of the Bonds or Series of Notes; making certain determinations and covenants relating to Gas Works Revenues and the payment of interest and principal; and authorizing covenants and actions in order that the Bonds and Notes shall not be arbitrage bonds; all under certain terms and conditions.

170433 An Ordinance approving the Fiscal Year 2018 Capital Budget providing for expenditures for the capital purposes of the Philadelphia Gas Works (including the supplying of funds in connection therewith) subject to certain constraints and conditions, and acknowledging receipt of the Revised Forecast of Capital Budgets for Fiscal Years 2019 through 2023.

170434 An Ordinance authorizing, generally, the continued issuance and sale by the City of Philadelphia of Gas Works Revenue Notes of the City, prescribing the forms of notes and providing for their execution and payment, pledging certain revenues of the Gas Works as security, adopting a rate covenant and directing the imposition and collection of rates and charges sufficient to comply therewith, prescribing the conditions precedent to the issuance of specific series of notes, including a resolution passed by the Bond Committee providing for establishment of credit support for notes, providing for designation of a fiscal agent and sinking fund depository, providing for establishment of a sinking fund and its management, providing remedies upon default, and providing for amendments and modifications.

161061 An Ordinance authorizing City Officials to File Articles of Incorporation to establish a Non-Profit Corporation that shall be called The Philadelphia School Teacher's Reimbursement Fund, Inc., for the purpose of reimbursing personal money spent by teachers of the Philadelphia School District for the purchase of supplies, materials, and equipment needed for their classrooms.

170365 An Ordinance amending Chapter 19-200 of The Philadelphia Code, entitled "City Funds - Deposits, Investments, Disbursements," by amending Section 19-201, entitled "City Depositories," by authorizing the City Treasurer to deposit funds in Santander Bank, National Association, under certain terms and conditions.

170438 An Ordinance approving a Lease Agreement between Philadelphia Gas Works by Philadelphia Facilities Management Corporation, solely in its capacity as operator and manager of the City-owned Philadelphia Gas Works, and Germantown Realty Investment Group, LP for certain premises located at 212-214 W. Chelten Avenue.

170515 An Ordinance amending Chapter 19-3200 of The Philadelphia Code, entitled "Keystone Opportunity Zone, Economic Development District, and Strategic Development Area," to provide for extension of certain benefits, under certain terms and conditions.

170519 An Ordinance amending Chapter 19-1300 of The Philadelphia Code, entitled "Real Estate Taxes," by creating a tax foreclosure diversion program that requires housing counseling assistance, updating tax installment payment agreements to help taxpayers with financial hardships, and other related items; all under certain terms and conditions.

170555 An Ordinance authorizing the Director of Planning and Development, on behalf of the City, to file applications with the United States Department of Housing and Urban Development for a Community Development Block Grant; to file applications to participate in the HOME Investment Partnership program and the Emergency Solutions Grant program; and to apply for a Housing Opportunities for Persons with AIDS grant; and to file applications with the Commonwealth to obtain grants under the Act of April 12, 1956, P.L. 1449, Section 4, as amended, to prevent and eliminate blight; authorizing the Director of Planning and Development and the Director of Commerce to file applications to obtain other grants from the Commonwealth; authorizing the Director of Commerce to use the Section 108 Loan Guarantee Program; and authorizing the Director of Planning and Development and the Director of Commerce to enter into all understandings and assurances contained in such applications and take all necessary action to accept the grants; all under certain terms and conditions.

From the hearing of Philadelphia City Council's Committee on Finance held Monday, June 5, 2017:

Testimony on Ordinance No. 161061A
Authorizing City Officials to File Articles of Incorporation to establish a Non-Profit Corporation that shall be called The Philadelphia School Teacher's Reimbursement Fund, Inc., for the purpose of reimbursing personal money spent by teachers of the Philadelphia School District for the purchase of supplies, materials, and equipment needed for their classrooms.

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Monday, May 1, 2017 to hear testimony on the following items:

No. 161061
An Ordinance authorizing City Officials to File Articles of Incorporation to establish a Non-Profit Corporation that shall be called The Philadelphia School Teacher's Reimbursement Fund, Inc., for the purpose of reimbursing personal money spent by teachers of the Philadelphia School District for the purchase of supplies, materials, and equipment needed for their classrooms.

No. 170015
An Ordinance amending Section 19-1703 of The Philadelphia Code, entitled "Refunds," regarding credits and due dates, all under certain terms and conditions.

No. 170016
An Ordinance amending Title 19 of The Philadelphia Code, entitled "Finance, Taxes and Collections," to include transfers between stepparents and stepchildren as a transaction excluded from the realty transfer tax.

No. 170205
An Ordinance amending Section 10-1000 of The Philadelphia Code, entitled "Fees," to exempt the Land Bank from paying City recording fees in connection with property it acquires; amending Chapter 16-700, entitled "Philadelphia Land Bank," to provide for the leasing out of Land Bank property; and amending Chapter 19-1400, entitled "Realty Transfer Tax," to exempt the Land Bank, and certain transactions involving the Land Bank, from payment of realty transfer tax; all under certain terms and conditions.

No. 170308
An Ordinance constituting the Sixteenth Supplemental Ordinance to the Amended and Restated General Airport Revenue Bond Ordinance, providing for certain amendments to the Amended and Restated General Airport Revenue Bond Ordinance under certain terms and conditions.

No. 170329
An Ordinance authorizing the City Treasurer, on behalf of the City, to enter into an amendment agreement with Wells Fargo Bank, N.A., for provision of payroll banking services to the City, under certain terms and conditions.

No. 170330
An Ordinance authorizing the City Treasurer, on behalf of the City, to enter into a professional services agreement with Citizens Bank of Pennsylvania for provision of payroll banking services to the City, under certain terms and conditions.

Committee on Finance
Chair: Councilwoman Jannie Blackwell (3rd District)
Vice Chair: Councilman Bobby Henon (6th District)

From the Public Hearing of Philadelphia City Council's Committee on Finance, held May 1, 2017:

Discussion and testimony relating to Bill No. 161061
"An Ordinance authorizing City Officials to File Articles of Incorporation to establish a Non-Profit Corporation that shall be called The Philadelphia School Teacher's Reimbursement Fund, Inc., for the purpose of reimbursing personal money spent by teachers of the Philadelphia School District for the purchase of supplies, materials, and equipment needed for their classrooms."
Sponsor: Councilman David Oh (At Large)

Committee on Finance
Chair: Councilwoman Jannie Blackwell (3rd District)
Vice Chair: Councilman Bobby Henon (6th District)

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Tuesday, November 15, 2016 to hear testimony on the following item:

An Ordinance authorizing the Commissioner of Public Property of the City of Philadelphia, on behalf of the City of Philadelphia and in cooperation with the Philadelphia Municipal Authority, to undertake a Project to promote the health, safety and welfare of the residents of the City of Philadelphia; authorizing and approving (i) a project including the refunding of bonds issued to finance the New Youth Center Facility, (ii) an amendment to an existing Ground Lease between the City of Philadelphia and the Philadelphia Municipal Authority, (iii) an amendment to an existing Prime Lease between the City of Philadelphia and the Philadelphia Municipal Authority and the assignment of such amendment to a trustee and (iv)
the obligation of the City of Philadelphia to pay rent under the Prime Lease, as amended, when due; approving the issuance by the Philadelphia Municipal Authority of bonds in one or more series to pay the costs of such project; authorizing certain officers of the City of Philadelphia to enter into such lease amendments and to take such other actions as may be necessary or appropriate to accomplish the intent and purpose of this Ordinance; agreeing to be bound by each and every provision, covenant and agreement set forth in the Ground Lease and Prime Lease, each as amended; covenanting that the City of Philadelphia will make necessary appropriations in each of the City's fiscal years to provide for, and will make, rental payments when due under the Prime Lease, as amended; all under certain terms and conditions.

Chair: Councilwoman Jannie Blackwell (3rd District)
Vice-Chair: Councilman Bobby Henon (6th District)

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Tuesday, September 27, 2016, at 10:00 AM, in Room 400, City Hall, to hear testimony on the following item:

#160767
An Ordinance authorizing the Bond Committee to sell bonds at public or private negotiated sale, to provide funds toward various capital municipal purposes; providing for appropriations to the Sinking Fund Commission for the payment of such bonds; authorizing agreements to provide credit or payment or liquidity sources for the bonds in connection with issuance of the bonds, and certain other actions; providing for obtaining the consent of the electors to increasing the indebtedness of the City; and fixing a day and providing for arrangements for holding the election for obtaining such consent.

Chair: Councilwoman Jannie Blackwell (3rd District)
Vice Chair: Councilman Bobby Henon (6th District)

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing Thursday, June 16, 2016 to hear testimony on the following item:

160610
An Ordinance authorizing the Bond Committee to sell bonds at public or private negotiated sale, to provide funds toward various capital municipal purposes; providing for appropriations to the Sinking Fund Commission for the payment of such bonds; authorizing agreements to provide credit or payment or liquidity sources for the bonds in connection with issuance of the bonds, and certain other actions; providing for obtaining the consent of the electors to increasing the indebtedness of the City; and fixing a day and providing for arrangements for holding the election for obtaining such consent.
Immediately

Chair: Jannie Blackwell (3rd District)
Vice chair: Bobby Henon (6th District)

www.phlcouncil.com

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Monday, May 16, 2016 to hear testimony on the following item:

160248
An Ordinance amending Section 19-1806 of The Philadelphia Code, entitled "Authorization of Realty Use and Occupancy Tax," by adding an exclusion from the tax for certain new businesses, all under certain terms and conditions.

Chair: Jannie Blackwell (3rd District)

The Committee on Finance of the Council of the City of Philadelphia held a Public Hearing on Wednesday, March 16, 2016, to hear testimony on the following item:

No. 160047
A resolution authorizing a full and comprehensive investigatory public hearing by the Council's Committee on Finance on the impact reverse mortgage lending products are having on residents in the City of Philadelphia. Specifically, the public hearings will seek to determine the extent and impact such lending products have on the City's senior citizen homeowners, and the potential intergovernmental remedies that can be developed to protect consumers from any unintentional
harms that may result from acquiring this type of lending product.

www.phlcouncil.com