City of Philadelphia - File #: 060338

• File #: 060338
• Version: 1
• Type: Bill
• Status: ENACTED
• File created: 5/4/2006
• In control: Committee on Public Property and Public Works
• Final action: 6/15/2006
• Title: Authorizing the Commissioner of Public Property on behalf of the City of Philadelphia to execute and deliver to the Philadelphia Authority for Industrial Development, for nominal consideration, a deed or deeds conveying fee simple title to five parcels of City-owned land with the buildings and improvements thereon situated at the northwest corner of Third Street and Fairmount Avenue, and known as 700, 702 and 704 North Third Street and 309 and 311 Fairmount Avenue, for the purpose of conveyance, for nominal consideration, to the Northern Liberties Neighbors Association or its designee, all under certain terms and conditions.
• Sponsors: Councilmember DiCicco, Councilmember DiCicco, Councilmember Clarke, Councilmember Clarke
• Indexes: PAID

Date	Ver.	Action By	Action	Result	Tally
9/14/2006	1	MAYOR	SIGNED
9/14/2006	1	MAYOR	SIGNED
6/15/2006	1	CITY COUNCIL	READ
6/15/2006	1	CITY COUNCIL	READ
6/15/2006	1	CITY COUNCIL	PASSED	Pass	15:0
6/15/2006	1	CITY COUNCIL	PASSED	Pass	15:0
6/8/2006	0	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
6/8/2006	0	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL	Pass
6/8/2006	0	CITY COUNCIL	ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR
6/5/2006	0	Committee on Public Property and Public Works	HEARING NOTICES SENT
6/5/2006	1	Committee on Public Property and Public Works	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
6/5/2006	1	Committee on Public Property and Public Works	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
6/5/2006	0	Committee on Public Property and Public Works	HEARING HELD
6/5/2006	0	Committee on Public Property and Public Works	AMENDED
5/4/2006	0	CITY COUNCIL	Referred
5/4/2006	0	CITY COUNCIL	Introduced

Title
Authorizing the Commissioner of Public Property on behalf of the City of Philadelphia to execute and deliver to the Philadelphia Authority for Industrial Development, for nominal consideration, a deed or deeds conveying fee simple title to five parcels of City-owned land with the buildings and improvements thereon situated at the northwest corner of Third Street and Fairmount Avenue, and known as 700, 702 and 704 North Third Street and 309 and 311 Fairmount Avenue, for the purpose of conveyance, for nominal consideration, to the Northern Liberties Neighbors Association or its designee, all under certain terms and conditions.
Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1. The Commissioner of Public Property, on behalf of the City of Philadelphia, is hereby authorized to execute and deliver to the Philadelphia Authority for Industrial Development, for nominal consideration, a deed or deeds conveying fee simple title to five parcels of City-owned land with the buildings and improvements thereon situated at the northwest corner of Third Street and Fairmount Avenue, more particularly known as 700, 702 and 704 North Third Street and 309 and 311 Fairmount Avenue ("Third and Fairmount Properties"), for the purpose of conveyance, for a nominal consideration, to the Northern Liberties Neighbors Association or its designee ("NLNA").

SECTION 2. The deed or deeds authorized in Section 1 shall be subject to a right of reverter or obligation to reconvey in favor of the City (i) if NLNA has not obtained financing to develop, rehabilitate and/or improve part or all of the Third and Fairmount Properties by December 31, 2006, (ii) if construction thereon of a building suitable for use as a community center and NLNA's offices is not commenced on or before December 31, 2008, (iii) if the Third and Fairmount Properties are not used for NLNA's offices and a community center in conformity with an approved plan, or (iv) if part or all of the T...