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Approving the redevelopment contract of the Redevelopment Authority of the City of Philadelphia for the redevelopment and urban renewal of a portion of the Southwest Temple Urban Renewal Area, designated as Parcel No. 20A also sometimes identified by house address and street address as 1221-1231 North Hutchinson street; and authorizing the Redevelopment Authority to execute the redevelopment contract with Heritage Ventures II, Inc. 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 Southwest Temple Urban Renewal Area, (hereinafter "Southwest Temple"), which said plan and proposal were approved by Ordinance of the Council on February 27, 1961, as amended; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of the Southwest Temple Urban Renewal Area , designated as Parcel No. 20A also sometimes identified by house address and street address as 1221-1231 North Hutchinson street; (hereinafter the "Parcel"). The area of the Parcel is bounded as follows:
Parcel No. 20A (1221-31 North Hutchinson street).
ALL THAT CERTAIN lot or piece of ground situated in the Fourteenth Ward of the City of Philadelphia with the buildings and improvements thereon erected beginning at a point on the easterly side of Hutchinson street (forty feet wide) at the distance of one hundred ninety five feet four and three-quarters inches southward from the southerly side of Thompson street (fifty feet wide); Thence extending eastward along a line at right angles to said Hutchinson street a distance of ninety two feet to a point on the centerline of former Percy street (twenty feet wide, stricken and vacated); Thence extending southward along the centerline o...
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