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Amending Section 4 of an Ordinance (Bill No. 990766) approved December 30, 1999, entitled An Ordinance authorizing Filbert Street Associates, L.P. 150 North Broad street, Philadelphia, PA 19102-1424, owner of the property bounded by Twelfth street, Thirteenth street, Filbert street and Cuthbert street, to construct, own and maintain a bridge over Cuthbert street between Twelfth street and Thirteenth street, under certain terms and conditions; by extending the time for compliance with the conditions stated therein.
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THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Section 4 of an Ordinance (Bill No. 990766) approved on December 30, 1999, is hereby amended to read as follows:
SECTION 4. The permission granted to Filbert Street Associates, L.P. to construct, own and maintain the Bridge shall expire without any further action by the City of Philadelphia if Filbert Street Associates, L.P. has not entered into an Agreement and satisfied all requirements of the Agreement that are listed in Section 2 of this Ordinance [within one (1) year after this Ordinance becomes law] by December 31, 2001.
SECTION 2. This Ordinance shall not become effective unless the sum of two hundred dollars ($200.00) is paid into the City Treasury within sixty (60) days after this Ordinance becomes law.
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Explanation:
[Brackets] indicate matter deleted.
Italics indicate new matter added.
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