Title
Approving the action of the Boards of the Philadelphia Industrial Development Corporation and the Philadelphia Authority for Industrial Development to sell Parcel E-21, located at 3201 South Seventy-fourth Street in the Eastwick Urban Renewal Area - Stage “A” Industrial, containing approximately eighteen acres to the United States Postal Service or its nominee.
Body
WHEREAS, The Council of the City of Philadelphia, by Bill Number 916, approved November 20, 1973, has authorized and approved the execution of a Redevelopment Agreement between the Redevelopment Authority of the City of Philadelphia and the Philadelphia Industrial Development Corporation, PIDC-Financing Corporation, and the Philadelphia Authority for Industrial Development, for the redevelopment and urban renewal of the Eastwick Urban Renewal Area - Stage “A” Industrial; and
WHEREAS, The Philadelphia Authority for Industrial Development has purchased from the Redevelopment Authority of the City of Philadelphia the required land under the terms and conditions of the aforesaid Redevelopment Agreement; and
WHEREAS, City Council did reserve unto itself the Right of Approval, by Resolution, for each transaction completed by PAID under the terms and conditions of the aforesaid Redevelopment Agreement; and
WHEREAS, The United States Postal Service, or its nominee, proposes to purchase Parcel E-21, located at 3201 South Seventy-fourth street in the Eastwick Urban Renewal Area – Stage “A” Industrial, and construct a thirty-five thousand seven hundred square foot vehicle maintenance facility and a thirty-one thousand eight hundred square foot storage facility to support the new regional mail distribution facility it is developing on Lindbergh boulevard; and
WHEREAS, The United States Postal Service, or its nominee, proposes to retain seventy jobs; and
WHEREAS, PIDC and PAID, upon the unconditional approval of their Boards at their meetings of March 22, 2005, and upon review by the Redevelopment Authority of the City of Philadelphia, have agreed to sell to the United States Postal Service or its nominee, Parcel E-21 in the Eastwick Urban Renewal Area - Stage “A” Industrial, containing approximately eighteen acres, more fully described as follows:
ALL THAT CERTAIN lot or piece of ground with the buildings and improvements erected thereon, situate in the Fortieth Ward of the City of Philadelphia, and described in accordance with a Plan of Property (FF-10-0010/364-03) made July 7, 2004 for the Philadelphia Industrial Development Corporation by Thomas F. Marro, Acting Surveyor and Regulator of the Seventh Survey District, as follows:
BEGINNING at a point on the northeasterly side of Seventy-fourth street (sixty-eight feet wide), said point being measured north fifty-three degrees nineteen minutes forty-two seconds west, along the said northeasterly side of Seventy-fourth street, the distance of five hundred twenty-nine and seven hundred one-thousandths feet from the point of tangency of a curve having a radius of fifty feet and an arc length of seventy-three and five hundred fifty-nine one-thousandths feet which connects the said northeasterly side of Seventy-fourth street with the northwesterly side of Holstein avenue (one hundred feet wide); thence extending north fifty-three degrees nineteen minutes forty-two seconds west, along the said northeasterly side of Seventy-fourth street, the distance of two hundred twenty-five and nine hundred eighty-nine one-thousandths feet to a point of curve, said point being the beginning of a curve having a radius of one hundred eighteen feet and an arc length of one hundred eighty-five and three hundred fifty-four one-thousandths feet which connects the said northeasterly side of Seventy-fourth street with the northwesterly side of Brewster avenue (sixty-eight feet wide), and said point also being at the head of an eighty-eight foot wide right-of-way reserved for drainage purposes; thence extending northwestwardly, along the said curve which connects the said northeasterly side of Seventy-fourth street with the said northwesterly side of Brewster avenue and partly crossing the head of the said right-of-way reserved for drainage purposes, along the arc of a circle curving to the left and having a radius of one hundred eighteen feet, the arc distance of seventy-six and six hundred one one-thousandths feet to a point in the centerline of the said right-of-way reserved for drainage purposes; thence extending north fifty-three degrees nineteen minutes forty-two seconds west, along a non-tangent line and along the centerline of the said right-of-way reserved for drainage purposes, crossing a five foot wide easement for the Bell Telephone Company adjacent to the said northeasterly side of Seventy-fourth street and the said northwesterly side of Brewster avenue and crossing a twenty-five foot wide easement for railroad sidetrack, the distance of five hundred fifty-one and six hundred seventy one-thousandths feet to a point on the northwesterly side of the said easement for railroad sidetrack, said point also being on the southeasterly side of a ninety-five foot wide Philadelphia Electric Company right-of-way; thence extending north thirty-six degrees forty minutes eighteen seconds east, along a line being parallel with and ninety-five feet southeastwardly of the centerline of the Chester Branch of the Philadelphia and Reading Railway, partly along the northwesterly side of the said easement for railroad sidetrack and along the southeasterly side of the said Philadelphia Electric Company right-of-way, the distance of one thousand three hundred seven and two hundred seventeen one-thousandths feet to a point; thence extending south twenty-seven degrees forty-one minutes seventeen and thirty-six one-hundredths seconds east, the distance of one hundred ninety-five and one hundred seventy-one one-thousandths feet to a point; thence extending south fifty-eight degrees twenty-seven minutes twenty-seven and eighty one-hundredths seconds east, the distance of fourteen and nine hundred thirty-seven one-thousandths feet to a point; thence extending south twenty-seven degrees forty-three minutes five and seven one-hundredths seconds east, the distance of eleven and five hundred forty-three one-thousandths feet to a point; thence extending south twenty-six degrees twenty-one minutes twenty-five and seventy-four one-hundredths seconds east, the distance of three hundred nine and eight hundred two one-thousandths feet to a point; thence extending south sixty-seven degrees sixteen minutes fifty-seven and nine one-hundredths seconds east, the distance of twenty-seven and ninety-two one-thousandths feet to a point; thence extending south twenty-two degrees forty-four minutes fifty-four seconds east, the distance of eighty-six feet to a point; thence extending north sixty-seven degrees fifteen minutes six seconds east, crossing a second five foot wide easement for the Bell Telephone Company adjacent to the southwesterly side of Seventieth street (eighty-eight feet wide), the distance of ten feet to a point on the said southwesterly side of Seventieth street; thence extending south twenty-two degrees forty-four minutes fifty-four seconds east, along the said southwesterly side of Seventieth street, the distance of seventy-four and five hundred seventy-six one-thousandths feet to a point; thence extending south sixty-seven degrees fifteen minutes six seconds west, re-crossing the second mentioned five foot wide easement for the Bell Telephone Company, the distance of four hundred twelve and seven hundred seventy one-thousandths feet to a point; thence extending south twenty-two degrees forty-four minutes fifty-four seconds east, the distance of four hundred twenty and four hundred six one-thousandths feet to a point; thence extending south twenty-nine degrees fifty-one minutes twelve seconds west, re-crossing the first mentioned five foot wide easement for the Bell Telephone Company, the distance of four hundred twenty-one and eight hundred six one-thousandths feet to a point on the said northeasterly side of Seventy-fourth street, said point being the first mentioned point and place of beginning.
CONTAINING in area seven hundred seventy-eight thousand two hundred fifty-four square feet or seventeen and eight thousand six hundred sixty three ten-thousandths acres.
NOW, THEREFORE, BE IT RESOLVED BY THE COUNCIL OF THE CITY OF PHILADELPHIA
THAT the sale by the Philadelphia Authority for Industrial Development to the United States Postal Service or its nominee of Parcel E-21, located at 3201 South Seventy-fourth street in the Eastwick Urban Renewal Area - Stage “A” Industrial, as is more fully described above, is hereby approved so that the redevelopment and urban renewal of the Eastwick Urban Renewal Area may proceed in a manner most beneficial to the City of Philadelphia.
End