Title
Approving the amended and restated redevelopment contract of the Redevelopment Authority of the City of Philadelphia for the redevelopment and urban renewal of a portion of the Franklin Town Project, designated as Parcel No. 12 and also sometimes identified by house number and street address for Parcel No. 12 as 1601 Vine street; and authorizing the Redevelopment Authority to execute the amended and restated redevelopment contract with Corporation of the Presiding Bishop of the Church of Jesus Christ of Latter-day Saints and to take such action as may be necessary to effectuate the amended and restated redevelopment contract.
Body
WHEREAS, The Redevelopment Authority of the City of Philadelphia (hereinafter "Redevelopment Authority") has prepared and submitted a redevelopment proposal for the redevelopment of the Franklin Town Project (hereinafter "Franklin Town"), which said proposal was approved by Ordinance of the Council on December 31, 1971, as amended; and
WHEREAS, The Redevelopment Authority has prepared an amended and restated redevelopment contract for a portion of Franklin Town designated as Parcel No. 12 and also sometimes identified by house number and street address for Parcel No. 12 as 1601 Vine street (the "Property"). The area of the said Property is bounded as follows:
Parcel No. 12 (1601 Vine street).
ALL THAT CERTAIN tract or parcel of land and improvements thereon situate, lying and being in the 8th ward of the city and county of Philadelphia, state of Pennsylvania bounded and described in accordance with a survey and plan made by William E. Barton dated September 14, 1988 and retracted in a topographic survey of 1601 Vine street made by William B. Fahber, P.L.S. dated November 10, 2004, revised March 24, 2005 as follows, to wit:
BEGINNING at a point formed by the intersection of the northeasterly side of Franklintown boulevard (seventy feet wide) and the southeasterly side of 17th street (fifty six feet wide) said point...
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