Aye. The ayes are 16, the nays are 0. The 12/10/98 STATED - Second and Final Reading - 980795 majority of all members of Council having voted in the affirmative, the bill passes. This concludes our consideration of this portion of the calendar.
We will be back this Council session will now stand in recess for 30 minutes -- I'm sorry, the Council will stand in recess for one hour. In 30 minutes, we will convene the Council Committee of the Whole. The stenographer needs a break, Councilmembers requested a break. So in 30 minutes, we will convene Council Committee of the Whole. And in one hour, we will reconvene the Council of the City of Philadelphia.
This is to inform you that the committee will stand in recess for another 30 minutes the Council session will also stand in recess for another 30 minutes. 12/10/98 STATED - Reports from Committees
This is now a reconvened Council of City Council of Philadelphia. At this time, we will have reports from committees. The Chair recognizes Councilwoman Verna for the report of the Council Committee of the Whole.
Mr. Chairman, I move that -- I'm sorry. I move that Council suspend the rules so as to permit first reading of Bill No. 980708.
To the President and Members of the Council of the City of Philadelphia, the Committee of the Whole Council to which was referred Bill No. 908708, an ordinance amending the requirement system ordinance approved December 3, 1956, as amended, and amending the Municipal Retirement Benefit Plan 1987 ordinance, which became effective January 8, 12/10/98 STATED - Reports from Committees 1987, as amended, by adding new sections to, in the case of both ordinances, provide for increases to the benefits of certain uniformed and non-uniformed retirees by providing for cost-of-living increases and by allowing certain uniformed and non-uniformed employees to purchase service credit on a higher compensation, under certain terms and conditions, and making certain related technical amendments.
All those in favor, let it be known by saying aye. Those opposed, say nay. The ayes have it. Bill No. 980708 has been reported out of committee with a favorable recommendation, and the rules of Council are suspended. This bill will be given first reading. The clerk will read the bill on the first-reading calendar.
Bill No. 980708, an ordinance amending the retirement system ordinance approved December 3, 1956, as amended, and amending the Municipal Retirement Benefit Plan 1987 Ordinance, which became effective January 8, 12/10/98 STATED - First-Reading Calendar, Bill 980708 1987, as amended, by adding new sections to, in case of both ordinances, provide for increases to the benefits of certain uniformed and non-uniformed retirees by providing for cost-of-living increases and by allowing certain uniformed and non-uniformed employees to purchase service credit based on a higher, under certain terms and conditions, and making certain related technical amendments.
The bill read by the chief clerk will be placed on the second- and final-reading passage calendar for our next meeting. Council will now consider two bills on second- and final-reading passage calendar. The clerk will please read the title of Bill No. 980843. It's at the top of . This is an ordinance adopting a comprehensive new pension plan. This is the recodification bill.
Bill No. 980843, an ordinance adopting a comprehensive new pension 12/10/98 STATED - Second and Final Reading - 980843 plan for City employees by restating and amending the retirement system ordinance approved December 3, 1956, as amended, and Municipal Retirement Benefit Plan 1987 ordinance, which became effective January 8, 1987, as amended, and by combining them in one comprehensive ordinance to be codified in The Philadelphia Code.
This bill having been read on two different occasions, the question now is, shall the bill pass finally? The clerk will call a roll.
Councilman Kenney? 12/10/98 STATED - Second and Final Reading - 980843
Councilwoman 12/10/98 STATED - Second and Final Reading - 980843 Verna?
Aye. The ayes are -- I have only 15. The ayes are 15? Wait a minute, did Councilman Longstreth leave his vote? Well, the ayes are either 15 or 16, and the nays are 0. The majority of all members of Council having voted in the affirmative, the bill passes. We can check the record to find it, and if we so find, we can record his vote. The next bill for consideration is Bill No. 980789. The clerk will please read the title of the bill.
An ordinance authorizing the City of Philadelphia ("City") to provide for an alternative funding mechanism for a portion of the unfunded actuarial accrued liability of the City of Philadelphia retirement system ("City Retirement System") pursuant to the Municipal Pension Plan Funding Standard and 12/10/98 STATED - Second and Final Reading - 980843 Recovery Act consisting of i., the execution and delivery of a service agreement between the City of Philadelphia and the Philadelphia Authority for Industrial Development ("Authority") providing for the funding of up to $1,250,000,000 of unfunded actuarial accrued liability of the City Retirement System; such funding to be provided to the City by the Authority through the issuance of the Authority's bonds.
This bill having been read on two different days, the question now is, shall the bill pass finally? The clerk will call a roll.
Aye. 12/10/98 STATED - Second and Final Reading - 980789
Councilwoman Tasco? 12/10/98 STATED - Consideration of Res. 980859
Aye. The ayes are 15, the nays are 0. The bill passes. The majority of all members of Council having voted in the affirmative, the bill passes. This concludes our consideration of the calendar. The Chair recognizes Councilwoman Verna -- oh, I'm sorry. At this time, we will consider Resolution No. 980859. This is the resolution agreed to participate in the Pavilion Market East Tax Increment Financing District. It's one of those resolutions that we have to pass in anticipation of a Tax Increment Financing District, which we later have to approve. In any event, the Chair recognizes Councilwoman Verna for a motion. 12/10/98 STATED - Point of Clarification, Adjournment
I move the adoption of the resolution. (Duly seconded.)
All those in favor, let it be known by saying aye. Those opposed, say nay. The ayes have it. The resolution is adopted. The Chair recognizes Councilwoman Verna.
Thank you, Mr. President. I move that Council stand adjourned until Thursday, December 17, 1998, at 10 o'clock a.m.
Mr. President, there was a report out of the Committee of the Whole earlier today. It's just a point of information. The three resolutions appointing people to the City Avenue Special Services District, do they automatically go on the calendar next week?
We approved them. 12/10/98 STATED - Point of Clarification, Adjournment
Mr. President, I'd like to note for the record that Mr. Paul Degan from PIDC stayed all day and night for that last resolution on the TIF. Paul, you're to be congratulated. (Applause.)
Thank you, Mr. President. I move that Council stand adjourned until Thursday, December 17, 1998, at 10 o'clock a.m. (Duly seconded.)
All those in favor, let it be known by saying aye. Those opposed, say nay. The ayes have it. This Council stands adjourned until Thursday, December 17, 1998, at 12/10/98 STATED - Point of Clarification, Adjournment 10:00 a.m. (Adjourned at 8:40 p.m.) C E R T I F I C A T E I HEREBY CERTIFY that the foregoing proceedings of the Council of the City of Philadelphia of Thursday, December 10, 1998, were reported and accurately by me, and that this is a correct transcript of same. RE: STATED MEETING __________________________________, JOSEPHINE CARDILLO, Registered Professional Reporter