Title
Authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development ("PAID"), for nominal consideration, a deed conveying fee simple title to a certain tract of City-owned land with the buildings and improvements thereon, situate in an area generally bounded by Casper, Carbon, Ontario, and Tioga Streets generally under and subject to the terms and conditions of the Philadelphia Industrial and Commercial Development Agreement between The City of Philadelphia, 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"), for nominal consideration, a deed conveying fee simple title to the following described tract of ground, subject to the terms and conditions of the Philadelphia Industrial and Commercial Development Agreement between The City of Philadelphia ("City"), the PAID, and the Philadelphia Industrial Development Corporation except as provided otherwise in this Ordinance:
BEGINNING at a point formed by the intersection of the northwesterly side of Casper street (on City Plan, fifty feet wide - no record of opening) and the southwesterly side of Tioga street (on City Plan, 63 feet wide - legally open sixty feet wide); thence extending south thirty-two degrees twenty-four minutes twenty-six seconds east, along the southwesterly side of the said Tioga street and crossing the said Casper street and also crossing the right-of-way of the Philadelphia Belt Line Railroad (thirty-three feet wide), the distance of five hundred ninety-one feet six inches to a point on the southeasterly side of the said right-of-way of the Philadelphia Belt Line Railroad; thence extending south fifty-seven degrees thirty-five minutes thirty-four seconds west, along the southeasterly side of...
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