Title
Approving the redevelopment contract of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the American Street Industrial Corridor Urban Renewal Area, identified by house number and street address as 1736-1754 North American street; and authorizing the Redevelopment Authority to execute the redevelopment contract with 1700 North American Street, LLC and to take such action as may be necessary to effectuate the redevelopment contract.
Body
WHEREAS, The Philadelphia Redevelopment Authority (hereinafter "Redevelopment Authority") has prepared and submitted an urban renewal plan and a redevelopment proposal for the redevelopment of the American Street Industrial Corridor Urban Renewal Area (hereinafter "American Street"), which said plan and proposal were approved by Ordinance of the Council on June 13, 2002, as amended; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of American Street, identified by house number and street address as 1736-1754 North American street (hereinafter "Property"). The area of the Property is bounded as follows:
1736-1754 North American street.
ALL THAT CERTAIN lot or piece of ground situated in the Eighteenth Ward of the City of Philadelphia beginning at a point on the west side of American street (one hundred twenty feet wide) at the distance of two hundred seventy feet north from the north side of Columbia avenue (fifty feet wide); Thence extending eastward on a line at right angles to the said American street, sixty-seven feet, to the east side of a certain four feet wide alley extending northward to a point and southward into the said Columbia avenue communicating with a certain six feet wide alley which extends westward into Bodine street (thirty feet wide); Thence extending northward along the east side of said four feet wide alley, one hundred seventy-two feet three inches to a point; Thence extending south twenty...
Click here for full text