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File #: 060338    Version: Name:
Type: Bill Status: ENACTED
File created: 5/4/2006 In control: Committee on Public Property and Public Works
On agenda: Final action: 6/15/2006
Title: Authorizing the Commissioner of Public Property on behalf of the City of Philadelphia to execute and deliver to the Philadelphia Authority for Industrial Development, for nominal consideration, a deed or deeds conveying fee simple title to five parcels of City-owned land with the buildings and improvements thereon situated at the northwest corner of Third Street and Fairmount Avenue, and known as 700, 702 and 704 North Third Street and 309 and 311 Fairmount Avenue, for the purpose of conveyance, for nominal consideration, to the Northern Liberties Neighbors Association or its designee, all under certain terms and conditions.
Sponsors: Councilmember DiCicco, Councilmember DiCicco, Councilmember Clarke, Councilmember Clarke
Indexes: PAID
Attachments: 1. Bill No.06033801, As Amended.pdf, 2. CertifiedCopy06033801.pdf
Date Ver.Action ByActionResultTallyAction DetailsMeeting DetailsVideo
9/14/20061 MAYOR SIGNED   Action details Meeting details Not available
9/14/20061 MAYOR SIGNED   Action details Meeting details Not available
6/15/20061 CITY COUNCIL READ   Action details Meeting details Not available
6/15/20061 CITY COUNCIL READ   Action details Meeting details Not available
6/15/20061 CITY COUNCIL PASSEDPass15:0 Action details Meeting details Not available
6/15/20061 CITY COUNCIL PASSEDPass15:0 Action details Meeting details Not available
6/8/20060 CITY COUNCIL ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR   Action details Meeting details Not available
6/8/20060 CITY COUNCIL SUSPEND THE RULES OF THE COUNCILPass  Action details Meeting details Not available
6/8/20060 CITY COUNCIL ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR   Action details Meeting details Not available
6/5/20060 Committee on Public Property and Public Works HEARING NOTICES SENT   Action details Meeting details Not available
6/5/20061 Committee on Public Property and Public Works REPORTED FAVORABLY, RULE SUSPENSION REQUESTED   Action details Meeting details Not available
6/5/20061 Committee on Public Property and Public Works REPORTED FAVORABLY, RULE SUSPENSION REQUESTED   Action details Meeting details Not available
6/5/20060 Committee on Public Property and Public Works HEARING HELD   Action details Meeting details Not available
6/5/20060 Committee on Public Property and Public Works AMENDED   Action details Meeting details Not available
5/4/20060 CITY COUNCIL Referred   Action details Meeting details Not available
5/4/20060 CITY COUNCIL Introduced   Action details Meeting details Not available

Title

Authorizing the Commissioner of Public Property on behalf of the City of Philadelphia to execute and deliver to the Philadelphia Authority for Industrial Development, for nominal consideration, a deed or deeds conveying fee simple title to five parcels of City-owned land with the buildings and improvements thereon situated at the northwest corner of Third Street and Fairmount Avenue, and known as 700, 702 and 704 North Third Street and 309 and 311 Fairmount Avenue, for the purpose of conveyance, for nominal consideration, to the Northern Liberties Neighbors Association or its designee, all under certain terms and conditions.

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 execute and deliver to the Philadelphia Authority for Industrial Development, for nominal consideration, a deed or deeds conveying fee simple title to five parcels of City-owned land with the buildings and improvements thereon situated at the northwest corner of Third Street and Fairmount Avenue, more particularly known as 700, 702 and 704 North Third Street and 309 and 311 Fairmount Avenue (“Third and Fairmount Properties”), for the purpose of conveyance, for a nominal consideration, to the Northern Liberties Neighbors Association or its designee (“NLNA”).

 

                     SECTION 2.                     The deed or deeds authorized in Section 1 shall be subject to a right of reverter or obligation to reconvey in favor of the City (i) if NLNA has not obtained financing to develop, rehabilitate and/or improve part or all of the Third and Fairmount Properties by December 31, 2006, (ii) if construction thereon of a building suitable for use as a community center and NLNA’s offices is not commenced on or before December 31, 2008, (iii) if the Third and Fairmount Properties are not used for NLNA’s offices and a community center in conformity with an approved plan, or (iv) if part or all of the Third and Fairmount Properties is transferred or conveyed to any party other than a not-for-profit entity.

 

                     SECTION 3.                     The City Solicitor is hereby authorized to review and to 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 interest of the City and to carry out the purposes of this Ordinance.

 

End