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 Center City Redevelopment Area, designated as Parcel No. 1G and identified as a portion of 2025-2027 Chestnut Street including the second and third floors and portions of the basement and first floor; authorizing the Redevelopment Authority to execute the redevelopment contract and lease with Freire Charter School, L.P. and to take such action as may be necessary to effectuate the redevelopment contract, lease and disposition supplement.
Body
WHEREAS, In accordance with the provisions of the Urban Redevelopment Law, being the Act of May 24, 1945, P.L. 991, as amended and supplemented, the City Planning Commission of the City of Philadelphia (hereinafter "Commission") has on January 8, 1963, certified as a redevelopment area that portion of the City of Philadelphia as the Center City Redevelopment Area; and
WHEREAS, the Commission has completed a detailed redevelopment area plan for the West Philadelphia Redevelopment Area dated December 19, 1967, 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 and lease for a portion of the Center City Redevelopment Area, designated as Parcel No. 1G and identified as a portion of 2025-2027 Chestnut Street including the second and third floors and portions of the basement and first floor (the "Premises"). The area of the portions of the Premises to be leased is bounded as follows:
Parcel 1G (a portion of 2025-2027 Chestnut street including the second and third floors and portions of the basement and first floor).
ALL THAT CERTAIN lot or piece of ground with the buildings and improvements thereon erected si...
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