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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 Nicetown Urban Renewal Area, designated as Parcel Nos. 4, 5 & 6 also sometimes identified by house number and street addresses for Parcel No. 4 as 1541 Rowan street, for Parcel No. 5 as 1608 Rowan street and for Parcel No. 6 as 1611 St. Paul street; authorizing the Redevelopment Authority to execute the redevelopment contract with Nicetown, CDC 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 (hereafter "Redevelopment Authority") has prepared and submitted an urban renewal plan and a redevelopment proposal for the redevelopment of the Nicetown Urban Renewal Area, which said plan and proposal were approved by Ordinance of the Council on January 21, 1966, as amended; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of the Nicetown Urban Renewal Area, designated as Parcel Nos. 4, 5 & 6, also sometimes identified by house numbers and street addresses for Parcel No. 4 as 1541 Rowan street, for Parcel No. 5 as 1608 Rowan street and for Parcel No. 6 as 1611 St. Paul street ("hereinafter the Properties"). The area of said Properties are bounded as follows:
Parcel No. 4 (1541 Rowan street).
ALL THAT CERTAIN lot or piece of ground situated in the Thirteenth Ward of the City of Philadelphia beginning at a point on the northerly side of Rowan street (thirty feet wide) at the distance of sixty one feet eight and seventh-eighths inches east from the easterly side of Sixteenth street (fifty feet wide); Containing in front or breadth on the said side of Rowan street thirty feet six and five-eighths inches and extending of that width in length or depth northward between parallel lines at right angles to the said Rowan street forty nine feet four and three-quarters...
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