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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 New Kensington - Fishtown Urban Renewal Area, designated as Parcel No. 65 also sometimes identified by respective house number and street address as 2669 East Cumberland street; authorizing the Redevelopment Authority to execute the redevelopment contract with Frank Ratka III and Joan Marie Ratka 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 New Kensington - Fishtown Urban Renewal Area (hereinafter "New Kensington - Fishtown"), which said plan and proposal were approved by Ordinance of the Council on June 13, 1997, as amended; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of the New Kensington - Fishtown, designated as Parcel No. 65 also sometimes identified by respective house number and street address as 2669 East Cumberland street (hereinafter "Parcel"). The area of said Parcel is bounded as follows:
Parcel No. 65 (2669 East Cumberland street). All that certain lot or piece of ground located in the Thirty-first Ward of the City of Philadelphia beginning at a point of intersection of the northerly side of East. Cumberland street and the westerly side of Webb street; Containing in front or breadth on Cumberland street sixteen feet and extending of that width in length or depth northward between parallel lines with and along the westerly side of Webb street a distance of seventy six feet eight and three-eighth inches. Containing in the rear thereof the bed of a three feet wide alley which extends westward from Webb street.
The said re...
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