Title
Approving the redevelopment contract and disposition supplement of the Redevelopment Authority of the City of Philadelphia for the redevelopment and urban renewal of a portion of the New Kensington - Fishtown Urban Renewal Area, designated as Parcel No. 96 also sometimes identified by respective house number and street address as 925 Marlborough street; authorizing the Redevelopment Authority to execute the redevelopment contract with Francesco A. Spezzano and Jan Morgen and to take such action as may be necessary to effectuate the redevelopment contract and disposition supplement.
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WHEREAS, The Redevelopment Authority of the City of Philadelphia (hereinafter "Redevelopment Authority") has prepared and submitted an urban renewal plan and a redevelopment proposal for the redevelopment of the New Kensington - Fishtown Urban Renewal Area, (hereinafter "New Kensington - Fishtown"), which said plan and proposal were approved by Ordinance of the Council on June 13, 1997, as amended; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of the New Kensington - Fishtown, designated as Parcel No. 96 also sometimes identified by respective house number and street address as 925 Marlborough street (hereinafter "Parcel"). The area of said Parcel is bounded as follows:
Parcel No. 96 (925 Marlborough street)
ALL THAT CERTAIN lot or piece of ground situated in the Eighteenth Ward of the City of Philadelphia beginning at a point on the northeast side of Marlborough street (forty seven and five-tenths feet wide) at the distance of one hundred thirty two feet southeastward from the southeast side of Richmond street (fifty feet wide); Containing in front or breadth on said Marlborough street twelve feet and extending of that width in length or depth between parallel lines at right angles with said Marlborough street one hundred feet to a point.
The said redevelopment contract is in substantial conformity with th...
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