City of Philadelphia - File #: 070337

• File #: 070337
• Version: 0
• Type: Bill
• Status: ENACTED
• File created: 4/26/2007
• In control: Committee on Public Property and Public Works
• Final action: 6/14/2007
• Title: Authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development, for nominal consideration, a deed conveying fee simple title to certain tracts of City-owned land with buildings and improvements thereon, known as 214-32 Diamond Street located on the south side of Diamond Street in the City of Philadelphia, for further conveyance at less than fair market value.
• Sponsors: Councilmember Savage
• Indexes: CITY-OWNED PARCELS

Date	Ver.	Action By	Action	Result	Tally
7/3/2007	0	MAYOR	SIGNED
6/14/2007	0	CITY COUNCIL	READ
6/14/2007	0	CITY COUNCIL	PASSED	Pass	17:0
6/7/2007	0	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
6/7/2007	0	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL	Pass
6/7/2007	0	CITY COUNCIL	ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR
6/4/2007	0	Committee on Public Property and Public Works	HEARING NOTICES SENT
6/4/2007	0	Committee on Public Property and Public Works	HEARING HELD
6/4/2007	0	Committee on Public Property and Public Works	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
4/26/2007	0	CITY COUNCIL	Referred
4/26/2007	0	CITY COUNCIL	Introduced	Pass

Title

Authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development, for nominal consideration, a deed conveying fee simple title to certain tracts of City-owned land with buildings and improvements thereon, known as 214-32 Diamond Street located on the south side of Diamond Street in the City of Philadelphia, for further conveyance at less than fair market value.

Body

THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

      SECTION 1.      The Commissioner of Public Property is hereby authorized to execute and deliver to the Philadelphia Authority for Industrial Development for nominal consideration, a deed conveying fee simple title to certain lots or pieces of City-owned land, with the buildings and improvements known as 214-32 Diamond Street located on the south side of Diamond Street in the City of Philadelphia, for further conveyance at less than fair market value.

      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 interest of the City.

      SECTION 3.      Net proceeds from the sale of these properties shall be deposited in the City's General Fund.

End