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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 Sarah Allen Urban Renewal Area, designated as Parcel Nos. 1, 2, 3, 4 & 5 also sometimes identified by respective house numbers and street addresses for Parcel No. 1 as 4024 Aspen street, for Parcel No. 2 as 4105 Ogden street, for Parcel No. 3 as 4111-4113 Ogden street, for Parcel No. 4 as 4032 Parish street and for Parcel No. 5 as 803 North Preston street, authorizing the Redevelopment Authority to execute the redevelopment contract with Sarah Allen Services, Inc. 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 urban renewal plan and a redevelopment proposal for the redevelopment of the Sarah Allen Urban Renewal Area, which said plan and proposal were approved by Ordinance of the Council on June 23, 1998; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of the Sarah Allen Urban Renewal Area designated as Parcel Nos. 1, 2, 3, 4 & 5 also sometimes identified by respective house numbers and street addresses for Parcel No. 1 as 4024 Aspen street, for Parcel No. 2 as 4105 Ogden street, for Parcel No. 3 as 4111-4113 Ogden street, for Parcel No. 4 as 4032 Parish street and for Parcel No. 5 as 803 North Preston street (hereinafter "Properties"). The areas of the said Properties are bounded as follows:
Parcel No. 1 (4024 Aspen street).
ALL THAT CERTAIN lot or piece of ground situated in the Sixth Ward of the City of Philadelphia with the buildings and improvements thereon erected situated on the southerly side of Aspen street (fifty feet wide) at the distance of thirty feet eastward from the easterly side of Preston street (fifty feet wide); Containing in front or breadth on A...
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