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Approving the redevelopment contract of the Redevelopment Authority of the City of Philadelphia for the redevelopment and urban renewal of a portion of the Independence Mall Urban Renewal Area, Unit No. 4 designated as Parcel Nos. 13A & 13B and being the area generally located at the southwest corner of Ninth street and Vine street; authorizing the Redevelopment Authority to execute the redevelopment contract with 9th Street Associates, L.P. and to take such action as may be necessary to effectuate the redevelopment contract.
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WHEREAS, The Redevelopment Authority of the City of Philadelphia (hereinafter "Redevelopment Authority") has prepared and submitted an amended urban renewal plan and a amended redevelopment proposal for the redevelopment of the Center City Redevelopment Area, Independence Mall Urban Renewal Area, Unit No. 4 (hereinafter "Independence Mall Unit 4"), which said amended plan and amended proposal were approved by Ordinance of the Council on February 19, 1966, as amended; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of Independence Mall Unit 4 designated as Parcel Nos. 13A & 13B (hereafter "Parcels") hereinafter more particularly described. The areas of the Parcels are bounded as follows:
Parcel No. 13A (southeast corner of Ninth and Vine streets).
ALL THAT CERTAIN lot or piece of ground situated in the Fifth Ward of the City of Philadelphia beginning at the point of intersection of the southerly side of Vine street (variable width) and the easterly side of Ninth street (fifty feet wide); Thence from said point of beginning extending the following courses and distances along the said side of Vine street: south seventy eight degrees fifty eight minutes thirty one seconds east, along the said side of Vine street seventy five feet ten inches to a point of curve; on the arc of a circle curving to the left, having a radius of six hundred ninety feet five and one-eighth inches an...
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