Resolution 2021-05 Approval of Capital Substitution

Publication Date: October 20, 2020

Summary

PICA adopted Resolution No. 2021-05, approving funding for an emergency capital project at Engine 37 of the Philadelphia Fire Department. The project includes replacing the emergency generator and upgrading mechanical, electrical, and plumbing infrastructure to ensure operational reliability. PICA determined that the project qualifies as an emergency capital project under the Pennsylvania Intergovernmental Cooperation Authority Act. The resolution ensures that these improvements are completed using surplus bond proceeds, allowing the Fire Department to maintain essential emergency response services. The Board authorized all necessary steps, including amending financial schedules and obtaining legal approvals. The resolution takes effect immediately​.