City of Philadelphia - File #: 060858

• File #: 060858
• Version: 1
• Type: Bill
• Status: ENACTED
• File created: 11/16/2006
• In control: Committee on Public Property and Public Works
• Final action: 12/7/2006
• Title: Authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development a deed for nominal consideration conveying fee simple title to four adjacent parcels, situate 1015-21 Mount Vernon Street in the City of Philadelphia, with the buildings and improvements thereon, for further conveyance at fair market value.
• Sponsors: Councilmember Clarke
• Indexes: CITY-OWNED PARCELS, PAID

Date	Ver.	Action By	Action	Result	Tally
12/20/2006	1	MAYOR	SIGNED
12/7/2006	1	CITY COUNCIL	READ
12/7/2006	1	CITY COUNCIL	PASSED	Pass	16:0
11/30/2006	0	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
11/30/2006	0	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL	Pass
11/30/2006	0	CITY COUNCIL	ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR
11/29/2006	0	Committee on Public Property and Public Works	HEARING NOTICES SENT
11/29/2006	0	Committee on Public Property and Public Works	HEARING HELD
11/29/2006	0	Committee on Public Property and Public Works	AMENDED
11/29/2006	1	Committee on Public Property and Public Works	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
11/16/2006	0	CITY COUNCIL	Referred
11/16/2006	0	CITY COUNCIL	Introduced	Pass

Title

Authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development a deed for nominal consideration conveying fee simple title to four adjacent parcels, situate 1015-21 Mount Vernon Street in the City of Philadelphia, with the buildings and improvements thereon, for further conveyance at fair market value.

Body

THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

      SECTION 1.      The Commissioner of Public Property, on behalf of the City of Philadelphia, is hereby authorized to execute and deliver to the Philadelphia Authority for Industrial Development, for nominal consideration, a deed conveying fee simple title to the four adjacent parcels described in Exhibit "A" for further conveyance at fair market value.

      SECTION 2.      The City Solicitor is hereby authorized to review and approve all instruments and documents necessary to effectuate this 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