Title
Approving the redevelopment contract of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the Cecil B. Moore Avenue Urban Renewal Area, identified by house numbers and street addresses as 1725-1727 Cecil B. Moore avenue and 1735 Cecil B. Moore avenue; authorizing the Redevelopment Authority to execute the redevelopment contract with HMZ One LLC 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 Cecil B. Moore Avenue Urban Renewal Area (hereinafter "Cecil B. Moore"), which said plan and proposal were approved by Ordinance of the Council on December 22, 1987; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of Cecil B. Moore, identified by house numbers and street addresses as 1725-1727 Cecil B. Moore avenue and 1735 Cecil B. Moore avenue (the "Properties"). The area of the Properties is bounded as follows:
1725-1727 Cecil B. Moore avenue.
ALL THAT CERTAIN lot or piece of ground situated in the Forty-seventh Ward of the City of Philadelphia beginning at a point on the north side of Cecil B. Moore avenue (sixty feet wide) at the distance of twenty feet westward from the west side of Bouvier street (forty feet wide); Thence extending westward along the north side of the said Cecil B. Moore avenue, thirty-eight feet eleven inches to a point; Thence extending northward at right angles to the said Cecil B. Moore avenue; ninety-four feet, to a point at the head of a certain four feet wide alley which extends northward to a point; Thence extending eastward; parallel to the said Cecil B. Moore avenue; partially crossing the head of said four feet wide alley, eighteen feet eleven inches to a point; Thence extending southward p...
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