Title
Approving the redevelopment contract of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the 44th and Aspen Urban Renewal Area, identified by house number and street address as 644-646 North Fortieth street, a portion of the Mantua Urban Renewal Area, identified by house numbers and street addresses as 827 North Fortieth street, 843 North Fortieth street, 847 North Fortieth street, 849 North Fortieth street, 851 North Fortieth street, 865 North Fortieth street and 867 North Fortieth street, and a portion of the Sarah Allen Urban Renewal Area, identified by house numbers and street addresses as 818 North Fortieth street and 830 North Fortieth street; and authorizing the Redevelopment Authority to execute the redevelopment contract with North 40th Street LP 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 44th and Aspen Urban Renewal Area (hereinafter "44th & Aspen"), which said plan and proposal were approved by Ordinance of the Council on June 12, 2003, as amended; and
WHEREAS, The Redevelopment Authority has prepared and submitted an urban renewal plan and a redevelopment proposal for the redevelopment of the Mantua Urban Renewal Area (hereinafter "Mantua"), which said plan and proposal were approved by Ordinance of the Council on December 15, 1969, as amended; and
WHEREAS, The Redevelopment Authority has prepared and submitted an urban renewal plan and a redevelopment proposal for the redevelopment of the Sarah Allen Urban Renewal Area (hereinafter "Sarah Allen"), which said plan and proposal were approved by Ordinance of the Council on June 23, 1998; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of 44th & Aspen, identifi...
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