City of Philadelphia - File #: 060336

• File #: 060336
• Version: 0
• Type: Bill
• Status: ENACTED
• File created: 5/4/2006
• In control: Committee on Public Property and Public Works
• Final action: 6/15/2006
• Title: Authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development, for nominal consideration, a deed conveying fee simple title to a certain tract of City-owned land with buildings and improvements thereon, situate 1213-19 S. 15th Street in the City of Philadelphia, for further conveyance at less than fair market value.
• Sponsors: Council President Verna, Councilmember Blackwell
• Indexes: PAID

Date	Ver.	Action By	Action	Result	Tally
9/14/2006	0	MAYOR	SIGNED
6/15/2006	0	CITY COUNCIL	READ
6/15/2006	0	CITY COUNCIL	PASSED	Pass	15:0
6/8/2006	0	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
6/8/2006	0	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL	Pass
6/8/2006	0	CITY COUNCIL	ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR
6/5/2006	0	Committee on Public Property and Public Works	HEARING NOTICES SENT
6/5/2006	0	Committee on Public Property and Public Works	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
6/5/2006	0	Committee on Public Property and Public Works	HEARING HELD
5/4/2006	0	CITY COUNCIL	Referred
5/4/2006	0	CITY COUNCIL	Introduced (By Request) and Referred

Title

Authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development, for nominal consideration, a deed conveying fee simple title to a certain tract of City-owned land with buildings and improvements thereon, situate 1213-19 S. 15th Street in the City of Philadelphia, for further conveyance at less than fair market value.

Body

THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

      SECTION 1.      The Commissioner of Public Property is hereby authorized to execute and deliver to the Philadelphia Authority for Industrial Development for nominal consideration, a deed conveying fee simple title to a certain lot or piece of City-owned land, with the buildings and improvements thereon erected, if any, situate 1213-19 S. 15th Street, for further conveyance at less than fair market value.

      SECTION 2.      The City Solicitor is hereby authorized to review and approve all instruments and documents necessary to effectuate the Ordinance, which instruments and documents shall contain such terms and conditions as the City Solicitor shall deem necessary and proper to protect the interest of the City.

      SECTION 3.      Net proceeds from the sale of this property shall be deposited in the City's General Fund.

End