Aye. The ayes are 15, the nays are -- I beg your pardon? Is somebody addressing the Chair? The ayes are 15, the nays are 0. The majority of all members of Council having voted in the affirmative, the bill passes. Is Councilman Nutter in the room?
While we are waiting for Councilman Nutter, may I suggest that the Chief Clerk, please read Bill No. 980845. THE
"An ordinance creating SECOND READING AND FINAL PASSAGE CALENDAR the Pavilion Market East Tax Increment Financing District and approving the project plan of the Philadelphia Authority for Industrial Development ("PAID") for the redevelopment of the Pavilion Market East Tax Increment Financing District being the area generally bounded by 9th Street on the west, Market Street on the north, Chestnut Street on the south and 8th Street on the east, and making certain findings and declarations, all in accordance with the Tax Increment Financing Act, being the act of July 11th, 1990, P.L. 465, No. 113, as amended, and authorizing the Director of Finance and other officers of the City to execute documents and to do all things necessary to carry out the intent of this ordinance."
This bill, having been read on two different days, the question now is: Shall the bill pass finally? The Chief Clerk will please call the roll.
Council President SECOND READING AND FINAL PASSAGE CALENDAR Verna.
Aye. The ayes are 15, the nays 0. The majority of all members of Council having -- I'm sorry, Councilman Kenney, do you want to be recognized?
Madam President, the Chief Clerk inadvertently skipped my name in the roll call. I'd like to be reported as voting aye.
Thank you. The ayes are 15, the nays are 0. The majority of all members of Council having voted in the affirmative, the bill passes. The Chief Clerk will please call and read Bill No. 980799. THE
"An ordinance creating the West Philadelphia Retail Tax Increment Financing District and approving the project plan of the Philadelphia Authority for Industrial Development ("PAID") for the redevelopment of the West Philadelphia Retail Tax Increment Financing District being the area generally bounded by 52nd Street on the west, Jefferson Street on the north, the West Parkside Industrial Park on the east, and the Amtrak SECOND READING AND FINAL PASSAGE CALENDAR right-of-way on the south, and making certain findings and declarations, all in accordance with the Tax Increment Financing Act, being the act of July 11th, 1990, P.L. 465, No. 113, as amended, and authorizing the Director of Finance and other officers of the City to execute documents and do all things necessary to carry out the intent of this ordinance."
Madam President, I wish to offer an amendment to Bill 980799. The proposed amendment has been circulated to all members of City Council.
The Chief Clerk will please read the amendment, if you have them. THE
Amendment No. 980799. Amended Bill, Section 2, pages 4 and 5, to read as follows: "Section 2: The project plan, included herein as Exhibit A and on file with the Chief Clerk, including the detailed redevelopment area plan, the maps, studies, as well as all other documents and supporting data which form part of the SECOND READING AND FINAL PASSAGE CALENDAR project plan submitted by the Philadelphia Authority for Industrial Development ("PAID") for district, having been reviewed and considered, is approved. "Included within the project plan are certain projects of tax benefits or use of tax revenues related to the City and School District of Philadelphia, which have been reviewed and approved by the School District of Philadelphia. "The difference between the total tax revenues that would accrue to the School District without use of the Tax Increment Financing Act and the total tax revenues accruing to the School District with the use of the Tax Increment Financing Act shall be referred to as the School District Tax Increment Financing Differential ("SDTIFD"). "At the end of each fiscal year for the term of the district, the City shall calculate the annual SDTIFD, consistent with the provisions of Article IV of the Philadelphia Home Rule Charter. The Mayor shall -- may transmit to Council for its consideration a proposed appropriation separate from any other revenues, grants or obligations owed by the City to the School District in an amount equal to the SDTIFD as part of the annual operating budget SECOND READING AND FINAL PASSAGE CALENDAR message and proposed annual operating budget ordinance for the following fiscal year."
The Chair thanks the Chief Clerk. The Chair recognizes Councilman Nutter for the purpose of a motion to adopt the amendment.
Madam President, I move for the adoption of the amendment.
Properly moved and seconded, the bill No. 980799 be amended. All in favor will say "aye." (Indicating.)
Those opposed will say "nay." The ayes have it and the bill as amended will be printed and placed on the second reading and final passage calendar for our next meeting. This concludes our calendar for today. Are there any speeches on the part of the minority? Are there any speeches on the part of majority? The Chair recognizes Councilwoman Blackwell for a motion. MOTION TO ADJOURN
Madam Chair, we move that this Council be adjourned until Thursday, January 26th.
I'm sorry, Madam Chair. I forgot. That's Tuesday.
Madam President, since this was such a simple day for you, what do you plan to do next week?
The same thing you're going to be doing. Is there a second to Councilwoman Blackwell's motion?
All in favor of the motion will say "aye." (Indicating.)
Those opposed? The ayes have it. The Council will MOTION TO ADJOURN stand adjourned until Thursday, January 26th, 1999, at 10:00 a.m. Thank you all very much. Thank you. And I would like to say that everyone is invited to the caucus room for coffee and cake. (Witness excused.) (Deposition concluded at 12:15 p.m.) CERTIFICATE I HEREBY CERTIFY that the foregoing proceedings of the Council of the City of Philadelphia of the Stated Meeting of Thursday, January 14, 1998 are contained fully and accurately in the stenographic notes taken by me and that this is a true and correct transcript of same. RE: STATED MEETING ______________________________ BERNADETTE M. BLACK, RPR and Notary Public (The foregoing certification of this transcript does not apply to any reproduction of the same by any means, unless under the direct control and/or supervision of the certifying reporter.)