DOCSLIB.ORG

$262,865,000 the City of Philadelphia, Pennsylvania General Obligation Refunding Bonds, Series 2017

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
$262,865,000 the City of Philadelphia, Pennsylvania General Obligation Refunding Bonds, Series 2017 NEW ISSUE—BOOK-ENTRY ONLY RATINGS: Fitch: “A-” Moody’s: “A2” / “A2” (Insured Bonds) S&P: “A+” / “AA” (Insured Bonds) See “RATINGS” herein. In the opinion of Co-Bond Counsel, interest on the 2017 Bonds will be excluded from gross income for federal income tax purposes under existing statutes, regulations, rulings and court decisions, subject to the conditions described in “TAX MATTERS” herein. In addition, interest on the 2017 Bonds will not be treated as an item of tax preference under Section 57 of the Internal Revenue Code of 1986, as amended (the “Code”), for purposes of the individual and corporate alternative minimum taxes; however, under the Code, such interest may be subject to certain other taxes affecting corporate holders of the 2017 Bonds. Under the existing laws of the Commonwealth of Pennsylvania, interest on the 2017 Bonds will be free from Pennsylvania personal income taxation and Pennsylvania corporate net income taxation but such exemption does not extend to gift, estate, succession or inheritance taxes or any other taxes not levied or assessed directly on the 2017 Bonds or the interest thereon. For a more complete discussion, see “TAX MATTERS” herein. $262,865,000 THE CITY OF PHILADELPHIA, PENNSYLVANIA GENERAL OBLIGATION REFUNDING BONDS, SERIES 2017 Dated: Date of Delivery Due: August 1, as shown on inside cover page Defined Terms. All capitalized terms that are not otherwise defined on this cover page have the meanings provided to such terms in this Official Statement. The 2017 Bonds. The City of Philadelphia, Pennsylvania (the “City”), a corporation, body politic and city of the first class existing under the laws of the Commonwealth of Pennsylvania, is issuing the above-referenced bonds (the “2017 Bonds”). Purpose. The 2017 Bonds are being issued for the purpose of providing funds to (i) refund a portion of the City’s outstanding General Obligation Bonds, as more particularly described herein, and (ii) pay the costs relating to the issuance of the 2017 Bonds. See “PLAN OF FINANCE AND ESTIMATED SOURCES AND USES OF FUNDS” herein. Security. The 2017 Bonds are general obligations of the City, and the full faith, credit and taxing power of the City are pledged for the payment of the principal of and interest on the 2017 Bonds when due. The City has covenanted that, so long as the 2017 Bonds remain outstanding, it will make payments out of its sinking fund or any other of its general revenues or funds at such times and in such annual amounts as shall be sufficient for the payment of interest thereon and the principal thereof when due, whether at maturity or redemption. See “SECURITY FOR THE 2017 BONDS” herein. Insurance for Certain 2017 Bonds. The scheduled payment of principal of and interest on the 2017 Bonds maturing on August 1 of the years 2025, 2026, 2027, 2030, 2031 (with an original par amount of $10,000,000), 2032 (with an original par amount of $10,035,000), and 2039 (the “Insured Bonds”), when due will be guaranteed under an insurance policy to be issued concurrently with the delivery of the Insured Bonds by ASSURED GUARANTY MUNICIPAL CORP. Redemption. The 2017 Bonds are subject to redemption prior to maturity, as described herein. See “THE 2017 BONDS – Redemption Provisions” herein. Interest Payment Dates. Interest on the 2017 Bonds is payable semiannually on each February 1 and August 1, commencing August 1, 2017. Tax Status. For information on the tax status of the 2017 Bonds, see the italicized language at the top of this cover page and “TAX MATTERS” herein. Delivery Date. It is expected that the 2017 Bonds will be available for delivery to DTC on or about February 2, 2017. This cover page contains certain information for quick reference only. It is not a summary of the 2017 Bonds or this Official Statement. Investors must read the entire Official Statement, including the Appendices, which are an integral part hereof, to obtain information essential to the making of an informed investment decision regarding the 2017 Bonds. The 2017 Bonds are offered when, as and if issued by the City and accepted by the Underwriters and subject to the approval of the legality of the issuance of the 2017 Bonds by Cozen O’Connor and Ahmad Zaffarese LLC, Co-Bond Counsel, both of Philadelphia, Pennsylvania. Certain legal matters will be passed upon for the City by the City of Philadelphia Law Department, and for the Underwriters by their counsel, Eckert Seamans Cherin & Mellott, LLC, Philadelphia, Pennsylvania. Hawkins Delafield & Wood LLP and the Law Office of Ann C. Lebowitz, Philadelphia, Pennsylvania, Co-Disclosure Counsel to the City, will each deliver an opinion to the City and the Underwriters regarding certain matters. RBC Capital Markets Loop Capital Markets Barclays Drexel Hamilton Citigroup TD Securities Dated: January 25, 2017 MATURITIES, AMOUNTS, INTEREST RATES, PRICES, YIELDS, AND CUSIPS† $262,865,000 The City of Philadelphia, Pennsylvania General Obligation Refunding Bonds, Series 2017 Serial Bonds Maturity Principal Interest CUSIP† (August 1) Amount Rate Price Yield 717813 2018 $7,040,000 4.000% 103.884 1.370% TG4 2019 $12,625,000 5.000% 108.265 1.610% ST7 2020 $9,760,000 5.000% 110.584 1.860% SU4 2021 $11,240,000 5.000% 112.337 2.110% SV2 2022 $14,100,000 5.000% 113.646 2.340% SW0 2023 $14,660,000 5.000% 114.134 2.620% SX8 2024 $15,180,000 5.000% 114.639 2.820% SY6 2028 $12,990,000 5.000% 113.836* 3.420%* TC3 2029 $13,145,000 5.000% 113.082* 3.500%* TD1 2031 $18,945,000 5.000% 111.870* 3.630%* TF6 2032 $4,000,000 5.000% 111.315* 3.690%* TH2 2037 $6,955,000 5.000% 109.131* 3.930%* TJ8 Term Bond Year Interest CUSIP† (August 1) Principal Rate Price Yield 717813 2041 $16,260,000 5.000% 108.772* 3.970%* TL3 Insured Serial Bonds Maturity Principal Interest CUSIP† (August 1) Amount Rate Price Yield 717813 2025 $14,990,000 5.000% 115.470 2.930% SZ3 2026 $15,465,000 5.000% 115.705 3.080% TA7 2027 $12,885,000 5.000% 115.363 3.260% TB5 2030 $27,735,000 5.000% 113.931* 3.410%* TE9 2031 $10,000,000 5.000% 113.270* 3.480%* TM1 2032 $10,035,000 4.000% 100.768* 3.910%* TN9 Insured Term Bond Year Interest CUSIP† (August 1) Principal Rate Price Yield 717813 2039 $14,855,000 4.000% 98.974 4.070% TK5 Price and yield calculated to the first optional call date of August 1, 2027 at par. † CUSIP is a registered trademark of the American Bankers Association (the “ABA”). CUSIP data is provided by CUSIP Global Services, which is managed on behalf of the ABA by S&P Global Market Intelligence, a part of S&P Global Inc. The CUSIP numbers listed above are being provided solely for the convenience of the holders of 2017 Bonds only at the time of issuance of the 2017 Bonds and the City, the Fiscal Agent and the Underwriters do not make any representation with respect to such CUSIP numbers or undertake any responsibility for their accuracy now or at any time in the future. The CUSIP numbers are subject to being changed after the issuance of the 2017 Bonds as a result of various subsequent actions including, but not limited to, a refunding in whole or in part of the 2017 Bonds or as a result of the procurement of secondary market portfolio insurance or other similar enhancement by investors that may be applicable to all or a portion of the 2017 Bonds. THE CITY OF PHILADELPHIA, PENNSYLVANIA _______________________ MAYOR HONORABLE JAMES F. KENNEY ______________________ _______________________ MAYOR’S CHIEF OF STAFF Jane Slusser ______________________ MAYOR’S CABINET Michael DiBerardinis ........................................................................................................ Managing Director Rob Dubow ...................................................................................................................... Director of Finance Sozi Pedro Tulante, Esq. ............................................................................................................ City Solicitor Nina Ahmad ....................................................................................... Deputy Mayor for Public Engagement Nolan Atkinson ...................................................................................... Chief Diversity & Inclusion Officer James Engler .................................................................................... Deputy Mayor for Policy & Legislation Harold Epps. ................................................................................................................... Commerce Director Anne Fadullon ...................................................................................... Director of Planning & Development Otis Hackney ............................................................................................................. Chief Education Officer Sheila Hess ...................................................................................................................... City Representative Ellen Kaplan................................................................................................................ Chief Integrity Officer Amy Kurland ...................................................................................................................... Inspector General Richard Lazer ........................................................................................... Deputy Mayor for Labor Relations Deborah Mahler ...................................................................... Deputy Mayor for Intergovernmental Affairs Christine Derenick-Lopez ................................................................................
Load more

Recommended publications
  • Leisure Pass Group – Go Philadelphia Explorer Pass
    Leisure Pass Group – Go Philadelphia Explorer Pass - Philadelphia PA For up-to-date information on available attractions, check out: gocity.com/philadelphia/en-us/EXP-Guide Save up to 55% on admission to over 30 top attractions for one low price, including the Hop-On Hop-Off Big Bus Philadelphia Tour, Eastern State Penitentiary, Franklin Institute Science Museum, and more with a Go Philadelphia Explorer Pass. Create your own itinerary and enjoy the flexibility to choose attractions as you go and do as much as you want each day. Choose 3, 4, 5, or 7 attractions and pay nothing at the gate. Take up to 30 days after your first visit to use your pass. Choose from the following attractions: Pennsylvania Academy of Fine Arts National Constitution Center Academy of Natural Science National Liberty Museum Adventure Aquarium National Museum of American Jewish History African American Museum Philadelphia Museum of Art History in HD Walking Tour Big Bus Philadelphia – Hop-on Hop-off Tours Barnes Foundation Philadelphia Zoo Battleship New Jersey Museum & Memorial The Simeone Foundation Automotive Museum Betsy Ross House Penn Museum Brandywine River Museum of Art Rodin Museum Christ Church Burial Ground Independence Tour City Hall Tower & Observation Deck Museum of the American Revolution Eastern State Penitentiary LegoLand Discovery Center Philadelphia Franklin Institute Science Museum Franklin Footsteps Walking Tour Ghost Tour of Philadelphia Italian Market Immersion Tour Dark Philly Adult Night Tour History & Cheesesteak
    [Show full text]
  • Annual Report 2018
    2018 Annual Report 4 A Message from the Chair 5 A Message from the Director & President 6 Remembering Keith L. Sachs 10 Collecting 16 Exhibiting & Conserving 22 Learning & Interpreting 26 Connecting & Collaborating 30 Building 34 Supporting 38 Volunteering & Staffing 42 Report of the Chief Financial Officer Front cover: The Philadelphia Assembled exhibition joined art and civic engagement. Initiated by artist Jeanne van Heeswijk and shaped by hundreds of collaborators, it told a story of radical community building and active resistance; this spread, clockwise from top left: 6 Keith L. Sachs (photograph by Elizabeth Leitzell); Blocks, Strips, Strings, and Half Squares, 2005, by Mary Lee Bendolph (Purchased with the Phoebe W. Haas fund for Costume and Textiles, and gift of the Souls Grown Deep Foundation from the William S. Arnett Collection, 2017-229-23); Delphi Art Club students at Traction Company; Rubens Peale’s From Nature in the Garden (1856) was among the works displayed at the 2018 Philadelphia Antiques and Art Show; the North Vaulted Walkway will open in spring 2019 (architectural rendering by Gehry Partners, LLP and KXL); back cover: Schleissheim (detail), 1881, by J. Frank Currier (Purchased with funds contributed by Dr. Salvatore 10 22 M. Valenti, 2017-151-1) 30 34 A Message from the Chair A Message from the As I observe the progress of our Core Project, I am keenly aware of the enormity of the undertaking and its importance to the Museum’s future. Director & President It will be transformative. It will not only expand our exhibition space, but also enhance our opportunities for community outreach.
    [Show full text]
  • Museums Visual Art Performing Arts Historic Sites Free Events
    Museums Visual Art Performing Arts Historic Sites Free Events Museums The Academy of Natural Sciences of Drexel University African American Museum in Philadelphia The Barnes Foundation Chemical Heritage Foundation The Franklin Institute Independence Seaport Museum The Mütter Museum National Constitution Center National Museum of American Jewish History New Hall Military Museum Pennsylvania Academy of the Fine Arts (PAFA) Philadelphia Art Alliance Philadelphia History Museum The Philadelphia Museum of Art The Rodin Museum The Rosenbach Museum The Academy of Natural Sciences of Drexel University 1900 Benjamin Franklin Parkway, $16 admission The Academy of Natural Sciences is America’s oldest natural history museum and a world leader in biodiversity and environmental research. For 200 years, the Academy has explored the remarkable diversity of our natural world, sharing these discoveries with the public through extraordinary collections, inno- vative exhibits, educational programming, and publications. African American Museum in Philadelphia 701 Arch St., $10 student admission The African American Museum in Philadelphia is home to an amazing collection of objects and illustrations that chronicle and dramatically unfold the in- credible story of the black Diaspora. A massive assortment of art, artifacts, period clothing, furniture, military weapons, industrial tools, musical instru- ments, photographs, diaries, documents, records, books, journals, paintings, prints, drawings, sculptures, fiber and mixed-media works comprise our capti- vating collection. The Barnes Foundation 2025 Benjamin Franklin Parkway, $10 student admission The Barnes Foundation maintains and displays one of the world's leading collections of French impressionist and post-impressionist paintings. Featuring 181 Renoirs, 69 Cézannes and 59 Matisses --along with works by Manet, Degas, Seurat, Prendergrast, Titian and Picasso—it is a must-see for art lovers while in Philadelphia.
    [Show full text]
  • IVCC Press Clips, Dec. 2020 – Feb
    IVCC Press Clips, Dec. 2020 – Feb. 2021 December 2020 Independence National Historical Park reopening with restrictions, Philadelphia Inquirer (Dec. 31, 2020) January 2021 Independence National Historical Park Reopening Some Buildings Monday As Philadelphia Lifts Restrictions On Museums, CBS Philly (Jan. 2, 2021) Independence Hall and Liberty Bell reopen after COVID shutdown, Billy Penn (Jan. 3, 2021) Philly museums begin reopening after city eases COVID-19 restrictions, Philly Voice (Jan. 4, 2021) Delaware Valley Tourism Industry Hoping To Bounce Back After Taking Big Hit In 2020 Due To Pandemic, CBS Philly (Jan. 4, 2021) Independence National Historical Park Buildings Reopened, NBC10 Philadelphia, Multiple Broadcasts (Jan. 4, 2021) Independence Park Reopens, 6ABC Action News, Multiple Broadcasts (Jan. 4, 2021) Independence Visitor Center to Re-Open Today, Good Day Philadelphia Fox29 (Jan. 4, 2021) No protests or rallies in Philadelphia on Biden-Harris Inauguration Day, Philadelphia Tribune (Jan. 20, 2021) February 2021 The National Park Service Launched a Brand-New App, Outside Magazine (Feb. 17, 2021) The National Park Service's New App Makes Planning a Visit Easier Than Ever, Travel + Leisure (Feb. 22, 2021) IVCC Press Clips, Dec. 2020 – Feb. 2021 News Independence National Historical Park reopening with restrictions Independence Hall and the Liberty Bell Center will reopen Monday, though capacity will be limited. By Maddie Hanna Published Dec 31, 2020 Independence National Historical Park will reopen its buildings Monday, though the
    [Show full text]
  • PAS WEEKLY UPDATE WEEK of May 7, 2018 Mr
    PAS WEEKLY UPDATE WEEK OF May 7, 2018 Mr. Farrell, Principal Thank you for coming out to our inaugural art celebraton last Thursday– Upcoming Events Celebratng the Art of Penn Alexander. We thank our planning commitee and the Home & School Associaton (HSA) Teacher Appreciaton Week for their commitment to Art programming at PAS! Monday, May 7th- Friday, May 11th Home & School Associaton (HSA) Meetng School District Parent & Guardian Survey We would love to hear your feedback! We ask that you take some tme and com- Tue., May 8th 6:00-7PM plete the School District of Philadelphia 2018 Parent & Guardian Survey now availa- ble through June 23rd. You will need your student’s ID number to access the survey, Kindergarten Open House ID numbers can be found on your child’s latest report card. Thur., May 10th 9:00-10AM Moving? Moving? Not returning to PAS next Fall? If you are Pretzel Friday ($1) planning to relocate, or not return to Penn Alexander Fri., May 11th next Fall, please contact the ofce with a writen leter as soon as possible. This informaton will assist Dinner & Bingo Night us in planning and reorganizing for the upcoming school-year. We have a number of students on our Fri., May 11th 5:30-8PM wait-list for each grade. Thanks for your communica- ton. Interim Reports (Grs. 5-8) Monday, May 14th Home and School Associaton (May 8th) Atenton 4th & 5th Grade Families– The May Home and School (HSA) meetng , on Tuesday, May 9th 6-7PM, will Electon Day, School Closed feature our 5th grade & Middle School teachers.
    [Show full text]
  • Rodin Museum History [Release]
    Contact: Norman Keyes, Jr., Director of Media Relations Frank Luzi, Press Officer (215) 684-7864 [email protected] THE RODIN MUSEUM, PHILADELPHIA In a park setting at 22nd Street and the Benjamin Franklin Parkway (four blocks east of the Philadelphia Museum of Art) is one of the jewels of the city’s cultural landscape. The Rodin Museum, with its elegant gardens and stunning Beaux-Arts architecture, is the legacy of one of Philadelphia's best-known philanthropists. Movie magnate Jules Mastbaum (1872-1926) fell in love with the work of French sculptor Auguste Rodin (1840-1917) while on a visit to Paris in 1923. With characteristic energy Mastbaum spent the next three years assembling an extraordinary collection of sculpture and drawings by the artist, with the idea of establishing a Rodin Museum in Philadelphia for “the enjoyment of my fellow citizens.” While amassing his collection, Mastbaum commissioned the gifted architects Paul Cret and Jacques Gréber to design a building and formal garden on the new Benjamin Franklin Parkway, the broad, tree-lined boulevard designed to evoke another grand avenue, the Champs Elysees in Paris. The museum, simple in detail, is monumental in its conception and yet intimate in scale and feeling. The gateway leading to the garden and museum reproduces the façade of the Château d’Issy, which had been constructed on Rodin’s property at Meudon in 1907. A cast of The Thinker (1902-04) is set in a location similar to that of the one at Meudon that serves as Rodin’s headstone. The overall effect was intended to suggest the setting of Rodin’s tomb.
    [Show full text]
  • Annual Report 2012
    BOARD OF TRUSTEES 4 LETTER FROM THE CHAIR 6 A YEAR AT THE MUSEUM 8 Collecting 10 Exhibiting 20 Teaching and Learning 30 Connecting and Collaborating 38 Building 44 Conserving 50 Supporting 54 Staffing and Volunteering 62 CALENDAR OF EXHIBITIONS AND EVENTS 68 FINANCIAL StATEMENTS 72 COMMIttEES OF THE BOARD OF TRUSTEES 78 SUPPORT GROUPS 80 VOLUNTEERS 83 MUSEUM StAFF 86 A REPORT LIKE THIS IS, IN ESSENCE, A SNAPSHOT. Like a snapshot it captures a moment in time, one that tells a compelling story that is rich in detail and resonates with meaning about the subject it represents. With this analogy in mind, we hope that as you read this account of our operations during fiscal year 2012 you will not only appreciate all that has been accomplished at the Philadelphia Museum of Art, but also see how this work has served to fulfill the mission of this institution through the continued development and care of our collection, the presentation of a broad range of exhibitions and programs, and the strengthening of our relationship to the com- munity through education and outreach. In this regard, continuity is vitally important. In other words, what the Museum was founded to do in 1876 is as essential today as it was then. Fostering the understanding and appreciation of the work of great artists and nurturing the spirit of creativity in all of us are enduring values without which we, individually and collectively, would be greatly diminished. If continuity—the responsibility for sustaining the things that we value most—is impor- tant, then so, too, is a commitment to change.
    [Show full text]
  • The Barnes Foundation in Philadelphia
    University of Pennsylvania ScholarlyCommons Anthropology Senior Theses Department of Anthropology Spring 2013 The Barnes Foundation in Philadelphia Laurel Caffee Follow this and additional works at: https://repository.upenn.edu/anthro_seniortheses Part of the Anthropology Commons Recommended Citation Caffee, Laurel, "The Barnes Foundation in Philadelphia" (2013). Anthropology Senior Theses. Paper 150. This paper is posted at ScholarlyCommons. https://repository.upenn.edu/anthro_seniortheses/150 For more information, please contact [email protected]. The Barnes Foundation in Philadelphia Abstract The Barnes Foundation presents an example of a Museum art collection that—with its move from its original Lower Merion location to Center City Philadelphia on the Benjamin Franklin Parkway—has finally achieved its (stated) goal of becoming a more accessible and open institution. However, the relocation of a museum to a more accessible location does not create instant open/public accessibility. This is an examination of the history of the Barnes Foundation, its inception, along with Philadelphia’s yearning form an additional upscale elite clientele. My goal is to evaluate the new Barnes vis-à-vis its original mission as it settles into its new facility. I examine various critical periods in the history of the Barnes including its function and mission before and immediately after the death of Dr. Albert Barnes, the fiscally embattled period following the death of Dr. Barnes successors, and the circumstances surrounding its move to its current Center City location where it has been recently relocated adjacent to another cultural jewel, the Rodin Museum. My argument is that the new Barnes Foundation museum is less about fulfilling or continuing the original mission or Dr.
    [Show full text]
  • CCTV Locations CCTV for Public Spaces
    CCTV Locations CCTV for Public Spaces The Division of Public Safety is committed to enhancing the quality of life to the campus community by integrating the best practices of public and private policing with state-of-the-art technology. A critical component of a comprehensive security plan using state- of-the-art technology is CCTV. As prescribed by the University Policy “Closed Circuit Television Monitoring and Recording of Public Areas for Safety and Security Purposes,” (Almanac, April 13, 1999), the locations of all outside CCTV cameras monitored by Public Safety are to be published semi- annually in the Almanac. The locations and descriptions of these cameras can also be found at the Division of Public Safety website www.publicsafety.upenn.edu. The following existing cameras meet those criteria: 1. 4040 Chestnut Street (Front) 42. 39th & Locust Walk 83. Interior Kress Entrance 2. 4040 Sansom Street (Rear) 43. 38th & Locust Walk 84. Upper Loading Dock Exterior 3. 41st. & Chestnut Sts. 44. 37th & Locust Walk 85. Warden Garden (Museum Main En- 4. 40th & Locust Walk 45. 38th & Sansom Sts. trance) 5. 40th & Spruce Sts. 46. Penn Tower Hotel (Rooftop) 86. Stoner Courtyard (Museum Lower 6. 41st & Spruce Sts. 47. Huntsman Hall N/e Corner Courtyard) 7. 39th & Spruce Sts 48. 34th & Spruce Sts 87. 40th and Baltimore 8. 39th & Walnut Sts 49. WXPN/world Cafe 31st & Walnut Sts. 88. 41st and Baltimore 9. 38th & Walnut Sts. 50. WXPN/world Cafe Sw Side Lower Level 89. 42nd and Baltimore 10. 38th & Spruce Sts. 51. Transitional Research Labs 31st Street 90. 43rd and Baltimore 11.
    [Show full text]
  • Shelter from the Storm: the Case for Guaranteed Income
    THE PENNSYLVANIA MAY|JUN21 GAZETTE Shelter from the Storm: The Case for Guaranteed Income The Long Road to mRNA Vaccines Memoirs for All Ages Virtual Healthcare Gets Real DIGITAL + IPAD The Pennsylvania Gazette DIGITAL EDITION is an exact replica of the print copy in electronic form. Readers can download the magazine as a PDF or view it on an Internet browser from their desktop computer or laptop. And now the Digital Gazette is available through an iPad app, too. THEPENNGAZETTE.COM/DIGIGAZ Digigaz_FullPage.indd 4 12/22/20 11:52 AM THE PENNSYLVANIA Features GAZETTE MAY|JUN21 Fighting Poverty The Vaccine Trenches with Cash Key breakthroughs leading to the Several decades since the last powerful mRNA vaccines against big income experiment was 42 COVID-19 were forged at Penn. 34 conducted in the US, School of That triumph was almost 50 years in the Social Policy & Practice assistant making, longer on obstacles than professor Amy Castro Baker has helped celebration, and the COVID-19 vaccines deliver promising data out of Stockton, may only be the beginning of its impact on California, about the effects of giving 21st-century medicine. By Matthew De George people no-strings-attached money every month. Now boosted by a new research center at Penn that she’ll colead, more Webside Manner cities are jumping on board to see if Virtual healthcare by smartphone guaranteed income can lift their residents or computer helps physicians out of poverty. Will it work? And will 50 consult with and diagnose patients policymakers listen? much more quickly, while offering them By Dave Zeitlin convenience and fl exibility.
    [Show full text]
  • Local Global
    LOCAL to P e n n I n s t i t u t e f o 2 r 0 U GLOBAL 1 2 r – b a 2 n 0 1 R 3 e s A e n a n r u c a h l R e p o rt ABOUT PENN IUR Cover photo, top: Philadelphia’s skyline as seen from Penn Park, a new passive and recreational space enhancing Penn’s connection to downtown; The Penn Institute for Urban Research (Penn IUR) is dedicated to courtesy of J. Fusco for GPTMC. advancing cross-disciplinary urban-focused research, instruction, Cover photo, bottom: rice paddies in Bali, Indonesia. See page 14 for more and civic engagement on issues relevant to cities around the about Penn IUR’s 2013 conference “Feeding Cities: Food Security in a Rapidly Urbanizing World.” world. As the global population becomes increasingly urban, understanding cities is vital to informed decision-making and public policy at the local, national, and international levels. Penn IUR focuses on research that informs the sustainable and inclusive twenty-first-century city. By providing a forum for collaborative scholarship and instruction at Penn and beyond, Penn IUR stimulates research and engages with urban practitioners and policymakers to inform urban policy. Penn Institute for Urban Research 2012–2013 Annual Report 3 Contents 4 LOCAL to GLOBAL: 2012–2013 YEAR in REVIEW 5 A MESSAGE FROM THE PENN IUR ADVISORY BOARD CHAIR 6 A MESSAGE FROM THE PROVOST AND VICE PROVOST FOR RESEARCH 7 A MESSAGE FROM THE PENN IUR CO-DIRECTORS 8 CURRENT RESEARCH INITIATIVES FOR SUSTAINABLE & RESILIENT CITIES Urban Ecosystem Services and Decision-Making: Greening Philadelphia Fiscal Stability
    [Show full text]
  • Planning for Growth Benjamin Franklin Parkway
    CENTER CITY: PLANNING FOR GROWTH BENJAMIN FRANKLIN PARKWAY The proposals for enhancing the Benjamin Franklin Parkway have emerged from over five years of collaborative work with the Parkway Council Foundation, the Fairmount Park Commission, the Philadelphia Art Commission and the Pennsylvania Horticultural Society. In 2003, a new conceptual master plan was prepared by the Olin Partnership. Additional design and traffic engineering work was done by Brown & Keener Bressi, Cope Linder Architects, Lager Raabe Skafte Landscape Architects, Kise Straw & Kolodner, Urban Engineers, Cloud Gehshan Associates, The Lighting Practice and Grenald Waldron Associates. The advancement and implementation of these enhancements is anticipated soon. B. Krist, GPTMC BENJAMIN FRANKLIN Philadelphia PARKWAY Museum of Art SPRING GARDEN D V L B S T T T T T T T T T T T T T T T T T T T T T T S S U S S S S S S S S S S S S S S S S S S S S B T T D H H H D H D H H H H H H D H H H H H H N S A T T T T T T T T T T T T T T T T M R N N 1 3 2 1 0 9 8 7 6 5 4 0 9 8 7 6 5 O 3 O 2 2 U 2 1 1 1 1 2 1 1 1 1 1 R L R S 2 C F B B H E O U N C Y JA L M R K I E I N CALLOWHILL L H L FR R AN P IV KL O E IN T R S PK I W R Y VINE ST H C T T S S FRANKLIN LOGAN R D SQUARE E R SQUARE P 3 I 2 N RACE ST U J Convention CHERRY ST Center ARCH ST 30th St Station (Amtrak) JFK BLVD CiCCiitytyty HallHHaallll MARKET ST G N I CHESTNUT ST D N A L INDEPENDENCE NATIONAL S SANSOM ST ’ HISTORICAL PARK N N E WALNUT ST P RITTENHOUSE WASHINGTON LOCUST ST SQUARE SQUARE SPRUCE ST T T T Prepared by S S S H H H T T T 6 5 4 2 2 2 PINE ST Center City District & T LOMBARD ST S H Central Philadelphia Development Corporation T 7 2 SOUTH ST May 2008 (Revised) BENJAMIN FRANKLIN PARKWAY KEY PRINCIPLES & OBJECTIVES • Achieve a better balance between pedestrians and vehicles while improving access to cultural institutions.
    [Show full text]