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Approving the redevelopment contract and disposition supplement of the Redevelopment Authority of the City of Philadelphia for the redevelopment and urban renewal of a portion of the New Kensington - Fishtown Urban Renewal Area, designated as Parcel No. 79 also sometimes identified by house number and street address as 2414-2416 Frankford avenue; authorizing the Redevelopment Authority to execute the redevelopment contract with New Kensington Community Development Corporation and to take such action as may be necessary to effectuate the redevelopment contract and disposition supplement.
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WHEREAS, The Redevelopment Authority of the City of Philadelphia (hereinafter "Redevelopment Authority") has prepared and submitted an urban renewal plan and a redevelopment proposal for the redevelopment of the New Kensington - Fishtown Urban Renewal Area, (hereinafter "New Kensington - Fishtown"), which said plan and proposal were approved by Ordinance of the Council on June 13, 1997, as amended; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of the New Kensington - Fishtown, designated as Parcel No. 79 also sometimes identified by house number and street address as 2414-2416 Frankford avenue (hereinafter “Parcel”). The area of said Parcel is bounded as follows:
Parcel No. 79 (2414-2416 Frankford avenue).
ALL THAT CERTAIN lot or piece of ground located in the Thirty-first Ward of the City of Philadelphia with the buildings and improvements thereon erected beginning at a point on the northwesterly side of Frankford avenue (sixty feet wide) at the distance of one hundred thirty six feet eight and one-quarter inches northeastward from the northeasterly side of East York street; Thence extending northwestward along a line at right angles to Frankford avenue a distance of eighty seven feet to a point on the southeasterly side of a ten feet wide alley; Thence extending northeastward along the southeasterly side of said alley a distance of fourteen feet to a point on the head of said alley; Thence extending northwestward, crossing the head of said alley, and that line extended, a distance of eighteen feet one and five-eighths inches, more or less, to a point; Thence extending northeastward along a line parallel with Martha street (forty feet wide) a distance of six feet to a point; Thence extending northwestward at right angles to Martha street three feet six inches to a point; Thence extending northeastward parallel with Martha street nine feet to a point; Thence extending southeastward at right angles to said Martha street a distance of nineteen feet two and one-quarter inches more or less, to an angle point; Thence extending southwestward at right angles to Frankford avenue eighty two feet two and one-quarter inches to the northwesterly side of said Frankford avenue; Thence extending southwestward along the northwesterly side of Frankford avenue a distance of twenty nine feet to the point of beginning.
The said redevelopment contract is in substantial conformity with the amended urban renewal plan and the amended redevelopment proposal approved by the Council.
WHEREAS, New Kensington Community Development Corporation desires to enter into the said redevelopment contract for the Parcel; and
WHEREAS, The Redevelopment Authority has prepared a disposition supplement providing, inter alia, for development controls and regulations imposed upon the Redeveloper.
RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA, That the redevelopment contract submitted by the Redevelopment Authority of the City of Philadelphia (hereinafter "Redevelopment Authority") for the redevelopment of that portion of the New Kensington - Fishtown Urban Renewal Area, as hereinabove more particularly described, is hereby approved. City Council authorizes the Redevelopment Authority to proceed with minor changes in substantial conformity with the hereby approved redevelopment contract. The Redevelopment Authority is authorized to execute the hereby approved redevelopment contract with New Kensington Community Development Corporation (hereinafter "Redeveloper"). The Redevelopment Authority and the Redeveloper are authorized to take such action in substantial conformity to the redevelopment contract as may be necessary to carry it out.
RESOLVED, The Redevelopment Authority and the Redeveloper are authorized to prepare or cause to be prepared for introduction into the Council such ordinances or resolutions as may be necessary for changes in zoning, streets, alleys, public ways, street patterns, location and relocation of public utilities, and related items which are required in order to facilitate and effectuate the redevelopment contract and disposition supplement hereby approved. Accordingly, the Council hereby declares that it will cooperate in helping to carry out the redevelopment contract and requests the various officials, departments, boards and agencies of the City having administrative responsibilities in the premises likewise to cooperate to such end and to exercise their respective functions and powers in a manner consistent with the redevelopment contract.
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