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File #: 010426    Version: Name:
Type: Bill Status: ENACTED
File created: 5/31/2001 In control: Committee on Public Property and Public Works
On agenda: Final action: 6/14/2001
Title: Authorizing the Philadelphia Authority for Industrial Development ("PAID"), on behalf of the City, to purchase a certain sixteen (16.0) acre tract of land situate at 9450 Ashton Road, for a consideration not to exceed Nine Hundred Thousand Dollars ($900,000), under and subject to the terms and conditions of the Philadelphia Industrial and Commercial Development Agreement between the City, PAID, and the Philadelphia Industrial Development Corporation (PIDC).
Sponsors: Councilmember O'Neill
Indexes: PAID, PIDC
Attachments: 1. CertifiedCopy01042600.pdf
Title
Authorizing the Philadelphia Authority for Industrial Development ("PAID"), on behalf of the City, to purchase a certain sixteen (16.0) acre tract of land situate at 9450 Ashton Road, for a consideration not to exceed Nine Hundred Thousand Dollars ($900,000), under and subject to the terms and conditions of the Philadelphia Industrial and Commercial Development Agreement between the City, PAID, and the Philadelphia Industrial Development Corporation (PIDC).
Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1. The Philadelphia Authority for Industrial Development ("PAID"), is hereby authorized to purchase, on behalf of the City, for a consideration not to exceed Nine Hundred Thousand Dollars ($900,000) not including settlement and other incidental costs, the following described parcel of land situate at 9450 Ashton Road, as follows:

ALL THAT CERTAIN lot or piece of ground situate in the Fifty-seventh Ward of the City of Philadelphia and described as follows (subject to an official Survey and Plan):

BEGINNING at a point on the northwesterly side of Ashton road (sixty four feet wide and variable width) measured south thirty-eight degrees fifty-six minutes forty-two seconds west along the said northwesterly side of Ashton road the distance of six hundred fifty-one feet, nine and one-quarter inches from a point on the southerly end of a cut-off formed by the said northwesterly side of Ashton road and the southwesterly side of Grant avenue (one hundred twenty-four feet wide); thence extending from point of beginning south thirty-eight degrees fifty-six minutes forty-two seconds west along the said northwesterly side of Ashton road seven hundred forty-six feet five and one-quarter inches to a point; thence extending north fifty-one degrees three minutes eighteen seconds west nine hundred thirty-three feet zero inches to a point; thence extending north thirty-eight degrees thirty-six minutes forty-two seconds east seven hundred for...

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