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 Cecil B. Moore Avenue Urban Renewal Area, designated as Parcel Nos. 527, 528 and 529 also sometimes identified by respective house numbers and street addresses for Parcel No. 527 as 1508-1510 West Montgomery avenue, for Parcel No. 528 as 1736-1738 North Sydenham street and for Parcel No. 529 as 1746 North Sydenham street; authorizing the Redevelopment Authority to execute the redevelopment contract with Montgomery Ave. Commons, LP and to take such action as may be necessary to effectuate the redevelopment contract and disposition supplement.
Body
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 Cecil B. Moore Avenue Urban Renewal Area, (hereinafter "Cecil B. Moore"), which said plan and proposal were approved by Ordinance of the Council on December 22, 1987 as amended, and
WHEREAS, The Redevelopment Authority has prepared a disposition supplement providing, inter alia, for development controls and regulations imposed upon the redeveloper; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of the Cecil B. Moore Avenue Urban Renewal Area, designated as Parcel Nos. 527, 528 and 529 also sometimes identified by respective houses number and street addresses for Parcel No. 527 as 1508-1510 West Montgomery avenue, for Parcel No. 528 as 1736-1738 North Sydenham street and for Parcel No. 529 as 1746 North Sydenham street (the "Properties"). The areas of the Properties are bounded as follows:
Parcel No. 527 (1508-1510 West Montgomery avenue).
ALL THAT CERTAIN lot or piece of ground situated in the Forty-seventh Ward of the City of Philadelphia beginning at the point of inte...
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