Pennsylvania Office of the Budget

Effective: Jun 30, 2024

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This Redevelopment Assistance Contract is between the Commonwealth of Pennsylvania, acting through the Office of the Budget, and the Philadelphia Authority for Industrial Development. It provides up to $6,500,000 in funding for the AgustaWestland Philadelphia Corporation Campus Expansion project. The contract's effective date is the last day of the month of the final signature, with an initial term of three years. Funding is contingent upon the Grantee's compliance with statutory and program requirements, including providing matching funds and completing the project within the specified term. The agreement details provisions for disbursements, project activities, record-keeping, audits, insurance, tax-exempt obligations, fiscal responsibilities, and conditions for termination or suspension, alongside adherence to various legal and ethical standards.

Effective: Oct 1, 2024

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This Redevelopment Assistance Contract between the Commonwealth of Pennsylvania (Office of the Budget) and The Township of Upper Dublin provides up to $4,500,000 in funding for the Upper Dublin Township Facility project. The total project cost is $40,810,594, requiring the Grantee to secure significant local matching funds. The contract has an initial term of three years from the effective date, with potential extensions for two additional one-year periods. It details provisions for disbursements, project activities, record-keeping, audits, insurance, tax-exempt responsibilities, integrity, and compliance with various laws.

Effective: May 13, 2025

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This contract for legal services is between Eckert Seamans Cherin & Mellott, LLC and the Commonwealth of Pennsylvania, specifically the Office of the Budget and the Governor's Office of General Counsel. The Law Firm will serve as bond counsel for the Commonwealth's First Refunding Series of 2025, involving an estimated $1.23 billion bond refunding. Services include legal advice on debt issuance validity, tax exemption, and other legal requirements. The compensation is a fixed fee of $65,000.00, covering all work and expenses, allocated between Eckert Seamans Cherin & Mellott, LLC ($45,500) and Gosfield Law, LLC ($19,500). The contract's effective start date is May 13, 2025, and its term extends one year from the closing date of the bond transaction.