Title
Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to purchase from the United States Postal Service fee simple title to a parcel of land with the buildings and improvements thereon known as 3061 Island Avenue, 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 purchase from the United States Postal Service ("Postal Service"), fee simple title to a parcel of land with the buildings and improvements thereon situated at the intersection of the Northeasterly side of Island Avenue and the Northwesterly side of Suffolk Avenue, more particularly described in Exhibit "A" attached hereto and known as 3061 Island Avenue (“the Property"), with the City's consideration for the purchase of the Property to be its agreement to undertake the construction of an intersection on and nearby the Property.
SECTION 2. 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 interests of the City and to carry out the purposes of this Ordinance.
EXHIBIT "A"
ALL THAT CERTAIN lot or piece of ground, Situate in the 40th Ward of the City of Philadelphia, described as follows, to wit:
BEGINNING at a point formed by the intersection of the Northeasterly side of Island Avenue (LR #67281, 200 feet wide) and the Northwesterly side of Suffolk Avenue (variable width); thence extending along said Northeasterly side of Island Avenue North 11 degrees 51 minutes 02 seconds West the distance of 294.621 feet crossing the head of a Philadelphia Electric Company right of way (70 feet wide) to a point; thence extending North 77 degrees 45 minutes 45.39 seconds East the distance of 373.008 feet to a point on the Southwesterly side of Suffolk Avenue; thence extending along said side of Suffolk Avenue on a line curving to the right having a radius of 100 feet the arc distance of 84.687 feet to a point of tangency on the Northwesterly side of Suffolk Avenue; thence continuing along said of Suffolk Avenue South 36 degrees 40 minutes 18 seconds West the distance of 297.646 feet crossing the head of the aforementioned Philadelphia Electric Company right of way to a point of curvature; thence extending on a line curving to the right having a radius of 100 feet; the arc distance of 72.392 feet to a point of tangency; thence continuing along said Northwesterly side of Suffolk Avenue South 78 degrees 08 minutes 58 seconds West the distance of 50 feet to a point on the said Northeasterly side of Island Avenue, being the first mentioned point and place of beginning.
BEING #3061 Island Avenue
Being the same premises which Philadelphia Authority for Industrial Development by Deed dated 9/23/1999 and recorded 10/14/1999 in Philadelphia County Deed Book JTD 1191 page 256 conveyed unto John S. McQuade Co., its successors and assigns, in fee.
And by an Amendment to its Certificate of Incorporation the name of the above Corporation has been changed to McQuade Construction Companies.
End