Title
Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to acquire fee simple title or a lesser real estate interest in and to all or a portion of the property bounded by Cobbs Creek, 75th Street (extended), Buist Avenue, and 78th Street and owned by the Philadelphia Redevelopment Authority, the Philadelphia Land Bank, or the Philadelphia Housing and Development Corporation, 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 acquire fee simple title or lesser real estate interest, by purchase, condemnation, deed in lieu, donation, dedication, or otherwise in and to all or a portion of the property bounded by Cobbs Creek, 75th Street (extended), Buist Avenue, and 78th Street and owned by Philadelphia Redevelopment Authority, the Philadelphia Land Bank or the Philadelphia Housing and Development Corporation.
SECTION 2. The Commissioner of Public Property is hereby authorized to execute any and all instruments and documents necessary or appropriate for the purpose of accepting fee simple title or a lesser real estate interest to all or a portion of the above-described property.
SECTION 3. The City Solicitor is hereby authorized to review, negotiate, and approve all instruments and documents necessary to effectuate the acquisition authorized by this Ordinance, which instruments and documents shall contain such terms and conditions deemed by the City Solicitor to be necessary, desirable, and proper to protect the interests of the City of Philadelphia.
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