Title
Approving the redevelopment contract of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the Cecil B. Moore Avenue Urban Renewal Area, identified by house numbers and street addresses as 1620-1624 Cecil B. Moore avenue and 1626 Cecil B. Moore avenue; authorizing the Redevelopment Authority to execute the redevelopment contract with 1620 Cecil B Moore LLC and to take such action as may be necessary to effectuate the redevelopment contract.
Body
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 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 redevelopment contract for a portion of Cecil B. Moore, identified by house numbers and street addresses as 1620-1624 Cecil B. Moore avenue and 1626 Cecil B. Moore avenue (collectively, the "Properties"). The area of the Properties is bounded as follows:
1620-1624 Cecil B. Moore 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 intersection of the southerly side of Cecil B. Moore avenue (sixty feet wide) and the westerly side of Willington street (fifty feet wide); Thence extending southward along the said side of Willington street the distance of seventy-six feet to a point; Thence extending westward on a line at right angles to the said Willington street sixty-four feet one inch to a point; Thence extending northward on a line parallel with the said Willington street seventy-six feet to a point on the said side of Cecil B. Moore avenue; Thence extending eastward along the said Cecil B. Moore avenue sixty-four feet one inch to the point of in...
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