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 Mantua Urban Renewal Area, designated as Parcel No. 276 and also sometimes identified by house number and street address for Parcel No. 276 as 504-506 North Thirty-ninth street; and authorizing the Redevelopment Authority to execute the redevelopment contract with FDI Penn Rehab Properties, LLC and to take such action as may be necessary to effectuate the redevelopment contract and disposition supplement.
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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 Mantua Urban Renewal Area, (hereinafter "Mantua"), which said plan and proposal were approved by Ordinance of the Council on December 15, 1969, as amended; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of Mantua designated as Parcel No. 276 and also sometimes identified by house number and street address for Parcel No. 276 as 504-506 North Thirty-ninth street (the "Property"). The area of the said Property is bounded as follows:
Parcel No. 276 (504-506 North Thirty-ninth street).
ALL THAT CERTAIN lot or piece of ground situated in the Twenty-fourth Ward of the City of Philadelphia beginning on the west side of Thirty-ninth street (sixty feet wide) at the distance of thirty two feet three inches northward from the north side of Spring Garden street (sixty feet wide); Containing in front or breadth on the said Thirty-ninth street thirty one feet ten inches and extending of that width in length or depth between parallel lines at right angles to the said Thirty-ninth street eighty seven feet to a point on the east side of a certain three feet wide alley, which said alley at the distance of ninety five fe...
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