City of Philadelphia - File #: 150126

• File #: 150126
• Version: 0
• Type: Resolution
• Status: ADOPTED
• File created: 2/19/2015
• In control: CITY COUNCIL
• Final action: 2/26/2015
• Title: Approving the redevelopment contract of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the Belmont No. 2 Urban Renewal Area, identified by house number and street address as 4050-4066 Haverford avenue; authorizing the Redevelopment Authority to execute the redevelopment contract with 4050 Apartments, LP and to take such action as may be necessary to effectuate the redevelopment contract.
• Sponsors: Councilmember Blackwell
• Indexes: BELMONT NO. 2 URBAN RENEWAL AREA, REDEVELOPMENT AUTHORITY

Date	Ver.	Action By	Action	Result	Tally
2/26/2015	0	CITY COUNCIL	ADOPTED
2/19/2015	0	CITY COUNCIL	Introduced and Ordered Placed On Next Week's Final Passage Calendar	Pass

Title
Approving the redevelopment contract of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the Belmont No. 2 Urban Renewal Area, identified by house number and street address as 4050-4066 Haverford avenue; authorizing the Redevelopment Authority to execute the redevelopment contract with 4050 Apartments, LP 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 Belmont No. 2 Urban Renewal Area (hereinafter "Belmont No. 2"), which said plan and proposal were approved by Ordinance of the Council on May 21, 1970, as amended; and

WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of Belmont No. 2, identified by house number and street address as 4050-4066 Haverford avenue (the "Property"). The area of the Property is bounded as follows:

4050-4066 Haverford avenue.

ALL THAT CERTAIN lots or pieces of ground situate in the Sixth Ward of the City of Philadelphia beginning at a point of intersection of the southerly side of Haverford avenue (eighty feet wide) and the easterly side of Budd street (forty feet wide); Thence extending eastward along the southerly side of Haverford avenue a distance of one hundred seventy-nine feet eleven and one-eighth inches to a point on the westerly side of Preston street (fifty feet wide); Thence extending southward along the westerly side of Preston street eighty-four feet eleven and three-quarters inches to a point; Thence extending westward along a line of property now or late of Freeman Hankins, a distance of one hundred eighty feet two inches to a point on the easterly side of said Budd street; Thence extending northward along the easterly side of Budd street eighty-six feet eleven inches to the ...