Title
Approving the redevelopment contract of the Redevelopment Authority of the City of Philadelphia for the redevelopment and urban renewal of a portion of the East Venango Industrial Urban Renewal Area designated as Parcel No. 5 also sometimes identified by respective house number and street address as 2901-2925 East Victoria street; and authorizing the Redevelopment Authority to execute the redevelopment contract with Nello Construction Company, Inc. and to take such action as may be necessary to effectuate the redevelopment contract.
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WHEREAS, The Redevelopment Authority of the City of Philadelphia (hereafter "Redevelopment Authority") has prepared and submitted an urban renewal plan and a redevelopment proposal for the redevelopment of the East Venango Industrial Urban Renewal Area, which said plan and proposal were approved by Ordinance of the Council on March 15, 1977; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of the East Venango Industrial Urban Renewal Area, designated as Parcel No. 5 also sometimes identified by house number and street address as 2901-2925 East Victoria street (hereinafter "Parcel 5"). The area of said Parcel 5 is bounded as follows:
Parcel No. 5 (2901-2925 East Victoria street).
ALL THOSE CERTAIN lots or pieces of ground situate in the Forty-fifth Ward of the City of Philadelphia beginning at a point at the intersection of the northwesterly side of Bath street (fifty feet wide) and the northeasterly side of Victoria street (forty feet wide); Thence extending northeastward along the northwesterly side of Bath street (stricken from the City Plan and vacated, fifty feet wide), and said line projected crossing the bed of the former Pacific street, (stricken from the City Plan and vacated), two hundred one feet four and three-quarters inches to a point on the northeasterly side of former Pacific street; thence extending in a southeastward direction along the northea...
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