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Approving the redevelopment contract of the Redevelopment Authority of the City of Philadelphia for the redevelopment and urban renewal of a portion of the Grays Ferry Urban Renewal Area designated as Parcel No. 160 also sometimes identified by respective house number and street address as 2950 Reed street; and authorizing the Redevelopment Authority to execute the redevelopment contract with Anthony Archer and to take such action as may be necessary to effectuate the redevelopment contract.
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WHEREAS, The Redevelopment Authority of the City of Philadelphia (hereafter "Redevelopment Authority") has prepared and submitted an urban renewal plan and a redevelopment proposal for the redevelopment of the Grays Ferry Urban Renewal Area, which said plan and proposal were approved by Ordinance of the Council on December 15, 1969, as amended; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of the Grays Ferry Urban Renewal Area, designated as Parcel No. 160 also sometimes identified by house number and street address as 2950 Reed street (hereinafter "Property"). The area of said Property is bounded as follows:
Parcel No. 160 (2950 Reed street).
ALL THAT CERTAIN lot or piece of ground situated in the Thirty-sixth Ward of the City of Philadelphia beginning at the point of intersection of the south side of Reed street (fifty feet wide) and the east side of Thirtieth street (sixty feet wide); Containing in front or breadth on the said side of Reed street sixteen feet and extending of that width in length or depth southward between parallel lines at right angles to the said Reed street fifty eight feet to a point on the north side of a certain three feet wide alley that extends westward into the said Thirtieth street.
The said redevelopment contract is in substantial conformity with the urban renewal plan and the redevelopment proposal approved by the Council; and
WHEREAS, Anthony Archer desires to enter int...
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