Title
Approving the redevelopment contract and disposition supplement of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the 54th & Columbia Urban Renewal Area, identified by house number and street address as 1717-1725 North Fifty-fourth street; and authorizing the Redevelopment Authority to execute the redevelopment contract with Philadelphia Presbytery Homes and Services for the Aging doing business as Presby's Inspired Life and to take such action as may be necessary to effectuate the redevelopment contract and disposition supplement.
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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 54th & Columbia Urban Renewal Area (hereinafter "54th & Columbia"), which said plan and proposal were approved by Ordinance of the Council on June 21, 2004; and
WHEREAS, The Redevelopment Authority has prepared a disposition supplement providing, inter alia, for development controls and regulations imposed upon the redeveloper; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of 54th & Columbia, identified by house number and street address as 1717-1725 North Fifty-fourth street (the "Property"). The area of the Property is bounded as follows:
1717-1725 North Fifty-fourth street.
ALL THAT CERTAIN lot or piece of ground situate in the Fifty-second Ward of the City of Philadelphia beginning at a point on the east side of Fifty-fourth street (one hundred feet wide) at the distance of one hundred fifty-eight feet three and three-quarters inches north side of Columbia avenue (sixty feet wide); Thence extending north thirteen degrees three minutes twenty-nine seconds west along the said side of Fifty-fourth street ninety-nine feet one and one-quarter inches to a point; Thence extending north seventy-seven degrees zero mi...
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