Summary
PICA adopted Resolution No. 2023-06, authorizing funding for new capital projects using surplus proceeds from previously issued bonds. The approved projects include elevator modernizations at the NE Regional and Wyoming Libraries and roof replacement at the Walnut West Library. These infrastructure improvements were identified as priorities to ensure public buildings remain safe and functional. The resolution confirms that the funding aligns with the Pennsylvania Intergovernmental Cooperation Authority Act, qualifying the projects as emergency capital expenditures. The Board also authorized any necessary actions, including amending financial schedules and obtaining legal approvals, to facilitate these improvements. The resolution takes effect immediately, supporting the City’s commitment to maintaining its public infrastructure.