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Committee on Finance

Regular Meeting

Philadelphia, PA · April 30, 2021

Agenda

Agenda

City of Philadelphia Public Hearing Notice The Committee on Finance of the Council of the City of Philadelphia will hold a Public Hearing on Friday, April 30, 2021, at 9:30 AM, in a remote manner using Microsoft® Teams. This remote hearing may be viewed on Xfinity Channel 64, Fios Channel 40 or http://phlcouncil.com/watch-city-council/, 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. Speakers interested in giving testimony on any of these legislative matters must call 215-459-4980, or send an e-mail to frank.iannuzzi@phila.gov by 3 p.m. the day before the hearing and submit the following information: • Full name • Callback telephone number where you can be reached • Identify the bill or resolution number that will be addressed Speakers who submitted the above information within the required time frame will be telephoned during the public hearing and invited to the remote hearing. They will be given additional instructions by the Committee Chair once they are connected. City of Philadelphia -1- City of Philadelphia Public Hearing Notice Committee on Finance Friday, April 30, 2021 at 9:30 AM 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 City of Philadelphia -2-