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Approving the redevelopment contract of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the Wister III Urban Renewal Area, identified by house number and street address as 5128 Wakefield street; authorizing the Redevelopment Authority to execute the redevelopment contract with Ernest C. Stewart and to take such action as may be necessary to effectuate the redevelopment contract.
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WHEREAS, The Philadelphia Redevelopment Authority (hereinafter "Redevelopment Authority") has prepared and submitted an urban renewal plan and a redevelopment proposal for the redevelopment of the Wister III Urban Renewal Area (hereinafter "Wister"), which said plan and proposal were approved by Ordinance of the Council on June 1, 2000, as amended; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of Wister, identified by house number and street address as 5128 Wakefield street (the "Property"). The area of the said Property is bounded as follows:
5128 Wakefield street. Beginning at a point on the southwesterly side of Wakefield street, (forty feet wide) at the distance of seventy-seven feet three and three-eighths inches southeastwardly side of Collom street (thirty-two feet wide); Containing in the front or breadth on said Wakefield street fifteen feet and extending of that width in length or depth southwestwardly between parallel lines at right angles to the said Wakefield street eighty-seven feet.
The said redevelopment contract is in substantial conformity with the amended urban renewal plan and the amended redevelopment proposal approved by Council; and
WHEREAS, Ernest C. Stewart desires to enter into the said redevelopment contract for the Property.
RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA, That the redevelopment contract submitted by the Philadelphia Redevelopment Authority (hereinafter "Redevelopment Authority") for the redevelopment ...
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