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Approving the redevelopment contract of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the Model Cities Urban Renewal Area, identified by house number and street address as 3146 Diamond street; and authorizing the Redevelopment Authority to execute the redevelopment contract with Diamond Street Housing Partnership II, LP and to take such action as may be necessary to effectuate the redevelopment contract.
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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 Model Cities Urban Renewal Area (hereinafter "Model Cities"), which said plan and proposal were approved by Ordinance of the Council on December 15, 1969, as amended; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of Model Cities, identified by house number and street address as 3146 Diamond street (the "Property"). The area of the Property is bounded as follows:
3146 Diamond street.
ALL THAT CERTAIN lot or piece of ground with the buildings and appurtenances thereto, if any, situate on the corner formed by the intersection of the south side of Diamond street and the east side of Thirty-second street in the Thirty-second Ward of the City of Philadelphia; Containing in front or breadth on the said Diamond street eighteen feet, six inches and extending of that width in length or depth southward along the east side of Thirty-second street ninety feet to a certain ten feet wide cartway leading eastward into another cartway twelve feet wide leading southward into Fontain street.
The said redevelopment contract is in substantial conformity with the amended urban renewal plan and the amended redevelopment proposal approved by Council; and
WHEREAS, Diamond Street Housing Partnership II, LP desires to enter into the said redevelopment contract for ...
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