Title
Authorizing the Commissioner of Public Property to convey certain tracts of land with the buildings and improvements thereon known as 332-52 East Tioga Street, located on the south side of Tioga Street, to the Philadelphia Authority for Industrial Development for nominal consideration, for further conveyance.
Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. The Commissioner of Public Property, on behalf of the City of Philadelphia, is hereby authorized to convey, for nominal consideration, certain tracts of land with the buildings and improvements thereon known as 332-52 East Tioga Street, located on the south side of East Tioga Street in the City of Philadelphia, generally described as follows, for further conveyance at fair market value:
ALL THAT CERTAIN piece or parcel of land.
SITUATE in the 7th Ward of the City of Philadelphia and Commonwealth of Pennsylvania bounded and described by a survey and plan thereof made by Daniel W. Silverman, Surveyor and Regulator of the 6th District, dated August 18, 1967, as follows, viz:
BEGINNING at a point by the intersection of the Southerly line of Tioga Street (80) feet wide and the Westerly line of “C” Street (50 feet wide); thence along the Westerly side of “C” Street South 11 degrees 08 minutes 30 seconds West a distance of 500 feet 0 inches to a point on the Northerly line of Ontario Street (50 feet wide), said point being the Northwest corner of Ontario and “C” Street; thence extending along the Northerly line of Ontario Street North 78 degrees 39 minutes West a distance of 230 feet 0 inches to a point, said point being 15 feet 0 inches measured Easterly from a point in and at right angles to the line established as the center line of the Fairhill Branch of the railroad now or formerly known as The Connecting Railway Company; thence along a line parallel with said center line and 15 feet 0 inches Easterly measured at right angles therefrom (also parallel with the Easterly line of Rosehill Street, 40 feet wide, and 45 feet 0 inches Easterly measured at right angles therefrom) North 11 degrees 08 minutes 30 seconds East a distance of 500 feet 0 inches to a point in the Southerly line of Tioga Street (80 feet wide) thence along the Southerly line of Tioga Street South 78 degrees 39 minutes East a distance of 230 feet 0 inches to a point in the Westerly line of “C” Street, the first mentioned point and place of beginning.
BEING No. 332 to 352 East Tioga Street.
SECTION 2. The City Solicitor is hereby authorized to review and approve all instruments and documents necessary to effectuate this Ordinance, which instruments and documents shall contain such terms and conditions as the City Solicitor shall deem necessary and proper to protect the interests of the City.
SECTION 3. Net proceeds from the sale of this property shall be deposited in the City’s General Fund.
End