Title
Approving the redevelopment contract and disposition supplement of the Redevelopment Authority of the City of Philadelphia for the redevelopment and urban renewal of a portion of the New Kensington - Fishtown Urban Renewal Area, designated as Parcel No. 79 also sometimes identified by house number and street address as 2414-2416 Frankford avenue; authorizing the Redevelopment Authority to execute the redevelopment contract with New Kensington Community Development Corporation and to take such action as may be necessary to effectuate the redevelopment contract and disposition supplement.
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WHEREAS, The Redevelopment Authority of the City of Philadelphia (hereinafter "Redevelopment Authority") has prepared and submitted an urban renewal plan and a redevelopment proposal for the redevelopment of the New Kensington - Fishtown Urban Renewal Area, (hereinafter "New Kensington - Fishtown"), which said plan and proposal were approved by Ordinance of the Council on June 13, 1997, as amended; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of the New Kensington - Fishtown, designated as Parcel No. 79 also sometimes identified by house number and street address as 2414-2416 Frankford avenue (hereinafter "Parcel"). The area of said Parcel is bounded as follows:
Parcel No. 79 (2414-2416 Frankford avenue).
ALL THAT CERTAIN lot or piece of ground located in the Thirty-first Ward of the City of Philadelphia with the buildings and improvements thereon erected beginning at a point on the northwesterly side of Frankford avenue (sixty feet wide) at the distance of one hundred thirty six feet eight and one-quarter inches northeastward from the northeasterly side of East York street; Thence extending northwestward along a line at right angles to Frankford avenue a distance of eighty seven feet to a point on the southeasterly side of a ten feet wide alley; Thence extending northeastward along the southeasterly sid...
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