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 44th and Aspen Urban Renewal Area designated as Parcel No. 32 also sometimes identified by house number and street address as 4225 Haverford avenue; authorizing the Redevelopment Authority to execute the redevelopment contract with Aspen Housing II, L.P. 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 amended urban renewal plan and an amended redevelopment proposal for the redevelopment of the 44th and Aspen Redevelopment Area, 44th & Aspen Urban Renewal Area (hereinafter "44th & Aspen "), which said plan and proposal were approved by Ordinance of the Council on July 7, 2003, as amended; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract which includes, inter alia, a portion of 44th & Aspen designated as Parcel Nos. 32 also sometimes identified by house number and street address as 4225 Haverford avenue (the "Property"). The areas of the Property is bounded as follows:
Parcel No. 32 (4225 Haverford avenue).
All that certain lot or piece of ground situated in the Sixth Ward of the City of Philadelphia beginning on the north side of Haverford avenue (eighty feet wide) at the distance of twenty seven feet two and three-eighths inches west from the westerly side of Brooklyn street (fifty feet wide); Containing in front or breadth on the said side of Haverford avenue fourteen feet and extending of that width in length or depth between parallel lines at right angles to the said Haverford avenue fifty one feet six and seven-eighths inches to a point.
The said redevelopment contract is in substantial conformity with the a...
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