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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 South Central Urban Renewal Area, designated as Parcel No. 289A and also sometimes identified by house number and street address as 770-780 Schuylkill avenue; and authorizing the Redevelopment Authority to execute the redevelopment contract with JFK 734, L.P. 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 South Central Urban Renewal Area, (hereinafter "South Central"), which said plan and proposal were approved by Ordinance of the Council on December 14, 1971, as amended; and
WHEREAS, The Redevelopment Authority has prepared a disposition supplement providing, inter alia, for development controls and regulations imposed upon the redeveloper; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of South Central, designated as Parcel No. 289A and also sometimes identified by house number and street address as 770-780 Schuylkill avenue (the “Property”). The area of said Property is bounded as follows:
Parcel No. 289A (770-780 Schuylkill avenue).
ALL THAT CERTAIN lot or piece of ground situated in the Thirtieth Ward of the City of Philadelphia beginning at a point on the northwesterly side of Schuylkill avenue (seventy feet wide) which point is measured north fifty four degrees forty one minutes nineteen seconds east along the said northwesterly side of Schuylkill avenue the distance of six hundred seventy seven feet six one-quarter inches from a point formed by the intersection of the said northwesterly side of Schuylkill avenue and the southerly side of Christian street (sixty six feet wide); Thence extending north fifty two degrees, twelve minutes, forty one seconds west to a point on the south side of the Schuylkill River east side railroad right of way (sixty feet wide) the distance of two hundred seventy two feet eight one-quarter inches to a point; Thence extending north forty nine degrees, fifty one minutes, twenty eight seconds east along the said Schuylkill River east side railroad right of way, the distance of ninety nine feet eleven seven-eighths inches to a point; Thence extending south fifty two degrees twelve minutes forty one seconds east the distance of two hundred seventy three feet to a point on the said northwesterly side of Schuylkill avenue; Thence extending south fifty four degrees forty one minutes nineteen seconds west along the said northwesterly side of Schuylkill avenue the distance of one hundred feet three three-quarters inches to the first mentioned point and place 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; and
WHEREAS, JFK 734, L.P. desires to enter into the said redevelopment contract for the Property.
RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA, That the redevelopment contract and disposition supplement submitted by the Redevelopment Authority for the redevelopment of that portion of South Central, 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 and disposition supplement. The Redevelopment Authority is authorized to execute the hereby approved redevelopment contract with JFK 734, L.P. (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 and disposition supplement.
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