Pennsylvania Code › Title 52 - PUBLIC UTILITIES › Part II - Philadelphia Parking Authority › Subpart C - Limousines › Chapter 1059 - APPLICATIONS AND SALE OF RIGHTS › Section 1059.6 - Required application information

Current through Register Vol. 54, No. 28, July 13, 2024
(a)
SA-1 form.
The SA-1 is a
				  multipurpose form intended for use in the sale of different transferable rights
				  and shall be completed by the broker or attorneys, or both, in a manner
				  consistent with the intentions of the sale.
(b)
Required information.
The completed SA-1 must include all of the information required by the
				  Authority:
(1) The certificate
				  numbers.
(2) The name of the
				  proposed buyer and contact information, including a telephone number, an email
				  address and a facsimile number.
(3)
				  If the proposed buyer is a nonindividual person and is not already a
				  certificate holder:
(i) The articles of
				  incorporation, operating agreement, formation documents or other applicable
				  organizing documents for the applicant.
(ii) A certificate of good standing for the
				  applicant from the Bureau of Corporations and Charitable
				  Organizations.
(iii) A copy of the
				  Department of State's entity page for the applicant.
(4) The name of any holding company as
				  defined in §
											1051.2 (relating to definitions)
				  having an interest in the proposed buyer and a contemporaneous certificate of
				  good standing for the holding company from the Bureau of Corporations and
				  Charitable Organizations, or similarly authorized entity in another
				  jurisdiction in the United States.
(5) The trade name, if any, of the proposed
				  buyer and a copy of the trade name registration certificate, if
				  applicable.
(6) The mailing address
				  and physical address of the proposed buyer.
(7) A copy of the proposed buyer's business
				  plan.
(8) A list of current
				  corporate officers, directors, stockholders, key employees and persons with
				  controlling interests as defined in § 1051.2, if applicable with an
				  indication of each individual's title.
(9) A list of all Authority, PUC and Federal
				  common carrier rights held by the proposed buyer and any of the persons listed
				  in response to paragraph (8), including taxicab medallions.
(10) The name, address, telephone number,
				  facsimile number and email address of any attorney assisting the proposed buyer
				  with the application process, together with an acknowledgement that §
											1061.1(b)
				  (relating to broker registration) has been reviewed by the proposed
				  buyer.
(11) A criminal history
				  report, issued within 30 days of the filing of the application, from any
				  jurisdiction in which the following persons have lived in the preceding 5 years
				  through the date of application:
(i) An
				  individual proposed buyer.
(ii) Any
				  individual with a controlling interest in the proposed buyer.
(iii) Any individual with a controlling
				  interest in the holding company of a proposed buyer.
(iv) A key employee.
(12) A verified statement indicating that the
				  persons identified in paragraph (11) have not been subject to a conviction as
				  defined in §
											1001.10 (relating to definitions)
				  and that the proposed buyer has read and understands the prohibitions of
				  ownership as provided in §
											1051.5 (relating to ineligibility
				  due to conviction or arrest).
(13)
				  Verified statements from the owner and proposed buyer confirming that each are
				  in compliance with §
											1051.6 (relating to payment of
				  outstanding fines, fees and penalties).
(14) The Federal Tax Identification number
				  for the owner and proposed buyer.