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 Kingsessing Urban Renewal Area, designated as Parcel Nos. 1, 2, 3, & 7 also sometimes identified by respective house numbers and street addresses for Parcel No. 1 as 2105 South Fifty-eighth street, for Parcel No. 2 as 2109-2111 South Fifty-eighth street, for Parcel No. 3 as 2115-2123 South Fifty-eighth street and for Parcel No. 7 as 2139-2141 South Fifty-eighth street; and authorizing the Redevelopment Authority to execute the redevelopment contract with Presby Homes and Services and to take such action as may be necessary to effectuate the redevelopment contract and disposition supplement.
Body
WHEREAS, The Redevelopment Authority of the City of Philadelphia as hereinafter "Redevelopment Authority", has prepared and submitted an urban renewal plan and a redevelopment proposal for the redevelopment of the Kingsessing Urban Renewal Area, as hereinafter "Kingsessing", for which said plan and proposal were approved by Ordinance of the Council on February 13, 2002; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of Kingsessing, designated as Parcel Nos. 1, 2, 3, & 7 also sometimes identified by respective house numbers and street addresses for Parcel No. 1 as 2105 South Fifty-eighth street, for Parcel No. 2 as 2109-2111 South Fifty-eighth street, for Parcel No. 3 as 2115-2123 South Fifty-eighth street and for Parcel No. 7 as 2139-2141 South Fifty-eighth street (hereinafter the "Properties"). The areas of the Properties are bounded as follows:
Parcel No. 1 (2105 South Fifty-eighth street).
ALL THAT CERTAIN lot or piece of ground situated in the Fortieth Ward of the City of Philadelphia beginning at a point on the northeasterly side of Fifty-eighth Street (seventy feet wide) at the distance of thirty one feet southeastward...
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