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Title:
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Authorizing the Philadelphia Authority for Industrial Development ("PAID"), on behalf of the City, to purchase a certain sixteen (16.0) acre tract of land situate at 9450 Ashton Road, for a consideration not to exceed Nine Hundred Thousand Dollars ($900,000), under and subject to the terms and conditions of the Philadelphia Industrial and Commercial Development Agreement between the City, PAID, and the Philadelphia Industrial Development Corporation (PIDC).
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Action text:
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A motion was made that this matter be PASSED. The motion carried by the following vote:
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