Committee on Finance

City of Philadelphia Public Hearing Notice The Committee on Finance of the Council of the City of Philadelphia will hold a Public Hearing on Wednesday, October 6, 2021, at 9:00 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: 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. 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 number or numbers 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 Wednesday, October 6, 2021 at 9:00 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-