Mayor Jim Kenney’s $500 million Rebuild program, a cornerstone of his administration’s agenda, passed another milestone yesterday when a City Council committee voted to approve a bill that determines how the funds will be distributed and used.
After a series of delays and push backs, City Council’s Committee on the Whole voted at the end of the day to approve Bill No. 170206, the Philadelphia Inquirer first reported. The bill, when officially passed, will allow the city to borrow money from the Philadelphia Authority for Industrial Development (PAID) to start renovating and improving Philly’s parks, rec centers, and libraries.