Title
Amending Title 16 of The Philadelphia Code, entitled "Public Property," by setting forth certain requirements for Council's approval of redevelopment proposals and redevelopment contracts submitted to Council for approval under the provisions of the Urban Redevelopment Law.
Body
WHEREAS, Under the Urban Redevelopment Law, Act of May 24, 1945, as amended (35 P.S. §1701 et seq.), the Redevelopment Authority of the City of Philadelphia may not execute a redevelopment contract with a redeveloper unless such contract has been approved by Council either through Council's approval of a redevelopment proposal that contains a form of redevelopment contract, or through Council's separate approval of the redevelopment contract; and
WHEREAS, By enactment of this ordinance, Council wishes to set forth certain requirements for either the approval of a redevelopment proposal containing a form of redevelopment contract or for the separate approval of a redevelopment contract; now, therefore,
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. Title 16 of The Philadelphia Code is hereby amended to read as follows:
TITLE 16. PUBLIC PROPERTY.
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CHAPTER 16-600. REDEVELOPMENT PROPOSALS AND CONTRACTS.
§16-601. Council Approval of Redevelopment Proposals and Contracts.
(1) No redevelopment proposal containing a form of redevelopment contract submitted to Council for approval under the provisions of the Urban Redevelopment Law, Act of May 24, 1945, as amended (35 P.S. §1701 et seq.), and no redevelopment contract separately submitted to Council for approval under those provisions, shall be approved by Council unless the proposed resolution setting forth Council's approval includes as an exhibit the certification of the General Counsel of the Redevelopment Authority of the City of Philadelphia that under the terms of the redevelopment contract:
(a) the redevelopment contract may not be assigned or otherwise transferred to a new redevelope...
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