City of Philadelphia - File #: 020380

• File #: 020380
• Version: 0
• Type: Bill
• Status: ENACTED
• File created: 5/30/2002
• In control: Committee on Public Property and Public Works
• Final action: 9/26/2002
• Title: Authorizing the Philadelphia Authority for Industrial Development (PAID), notwithstanding any contrary requirements of the Philadelphia Industrial and Commercial Development Agreement between the City, the Philadelphia Industrial Development Corporation (PIDC), and the PAID, to convey fee simple title to a certain property located in the vicinity of Fifty-second street and Jefferson street, to the West Philadelphia Financial Services Institution, or its nominee, for nominal consideration, under certain terms and conditions.
• Sponsors: Councilmember Nutter
• Indexes: PAID, PIDC

Date	Ver.	Action By	Action	Result	Tally
10/9/2002	0	MAYOR	SIGNED
9/26/2002	0	CITY COUNCIL	READ
9/26/2002	0	CITY COUNCIL	PASSED	Pass	16:0
6/6/2002	0	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
6/6/2002	0	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL	Pass
6/6/2002	0	CITY COUNCIL	ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR
6/5/2002	0	Committee on Public Property and Public Works	HEARING NOTICES SENT
6/5/2002	0	Committee on Public Property and Public Works	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
6/5/2002	0	Committee on Public Property and Public Works	HEARING HELD
5/30/2002	0	CITY COUNCIL	Referred
5/30/2002	0	CITY COUNCIL	Introduced	Pass

Title
Authorizing the Philadelphia Authority for Industrial Development (PAID), notwithstanding any contrary requirements of the Philadelphia Industrial and Commercial Development Agreement between the City, the Philadelphia Industrial Development Corporation (PIDC), and the PAID, to convey fee simple title to a certain property located in the vicinity of Fifty-second street and Jefferson street, to the West Philadelphia Financial Services Institution, or its nominee, for nominal consideration, under certain terms and conditions.
Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1. Notwithstanding any contrary requirements of the Philadelphia Industrial and Commercial Development Agreement between the City, the Philadelphia Authority for Industrial Development (PAID) and the Philadelphia Industrial Development Corporation (PIDC), PAID is authorized to convey fee simple title to the following described property located in the vicinity of Fifty-second street and Jefferson street, to the West Philadelphia Financial Services Institution, or its nominee, for nominal consideration:

ALL THAT CERTAIN lot or piece of ground situate in the Fifty-second Ward of the City of Philadelphia being a portion of The West Parkside Industrial Park and described as follows:

BEGINNING at a point on the easterly side of Fifty-second street (one hundred feet wide) at the distance of one hundred eleven and one hundred four one-thousandths feet northwardly from the northerly side of Merion avenue (fifty feet wide); thence extending north twenty-seven degrees thirty-five minutes thirteen seconds east along the easterly side of said Fifty-second street and crossing certain Amtrak and Conrail Easements the distance of one hundred nine and eight hundred ninety-six one-thousandths feet to a point; thence extending south sixty-two degrees twenty-four minutes forty-seven seconds east along a line the distance of thirty-five and seven hundred thirty-six one-thousand...