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File #: 000341    Version: 0 Name:
Type: Bill Status: ENACTED
File created: 5/18/2000 In control: Committee on Public Property and Public Works
On agenda: Final action: 6/22/2000
Title: Authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development ("PAID"), without consideration, a deed conveying fee simple title to a certain tract of City-owned land with the buildings and improvements thereon, situate in the vicinity of Forty-seventh and Market streets, under and subject to the terms and conditions of the Philadelphia Industrial and Commercial Development Agreement between the City, the PAID, and the Philadelphia Industrial Development Corporation.
Sponsors: Councilmember Blackwell
Indexes: CITY-OWNED PARCELS, PAID
Attachments: 1. CertifiedCopy00034100.pdf
Title
Authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development ("PAID"), without consideration, a deed conveying fee simple title to a certain tract of City-owned land with the buildings and improvements thereon, situate in the vicinity of Forty-seventh and Market streets, under and subject to the terms and conditions of the Philadelphia Industrial and Commercial Development Agreement between the City, the PAID, and the Philadelphia Industrial Development Corporation.
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 ("PAID"), without consideration, a deed conveying fee simple title to the following described tract of ground, situate in the vicinity of Forty-seventh and Market streets, subject however to all the terms and conditions of the Philadelphia Industrial and Commercial Development Agreement between the City, the PAID, and the Philadelphia Industrial Development Corporation, as follows:

ALL THAT CERTAIN vacant lot or piece of ground situate in the Sixtieth Ward of the City of Philadelphia described as follows (subject to an official survey and plan):

BEGINNING at a point on the southerly side of Market street (one hundred feet wide, legally open) at the distance of two hundred twenty feet zero inches westwardly from the westerly side of Farragut street (sixty feet wide, legally open) said point being the intersection of the said southerly side of Market street and the easterly side of former Forty-seventh street (sixty feet wide, stricken from the City Plan by Ordinance of Council approved July 1, 1999); thence extending south eleven degrees one minute west along the former easterly line of said Forty-seventh street, the distance of two hundred fourteen feet six inches to a point on the northerly side of Ludlow stre...

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