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File #: 060934    Version: 0 Name:
Type: Bill Status: ENACTED
File created: 12/7/2006 In control: Committee on Public Property and Public Works
On agenda: Final action: 3/1/2007
Title: Authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development, for nominal consideration, a deed conveying fee simple title to a certain tract of City-owned land with buildings and improvements thereon, situate 1716-32 Frankford Avenue, for further conveyance at fair market value.
Sponsors: Councilmember Savage
Indexes: PAID
Attachments: 1. Bill No. 06093400.pdf, 2. CertifiedCopy06093400.pdf
Title
Authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development, for nominal consideration, a deed conveying fee simple title to a certain tract of City-owned land with buildings and improvements thereon, situate 1716-32 Frankford Avenue, for further conveyance at fair market value.
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 for nominal consideration, a deed conveying fee simple title to a certain tract of City-owned land, with the buildings and improvements thereon, situate 1716-32 Frankford Avenue, for further conveyance at fair market value.
 
      SECTION 2.      Net proceeds from the sale of this property shall be deposited in the City's General Fund.
End