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 number and street address as 1504 North Carlisle street; authorizing the Redevelopment Authority to execute the redevelopment contract with Temple Nests IV LP 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 number and street address as 1504 North Carlisle street (the "Property"). The area of the Property is bounded as follows:
1504 North Carlisle street.
ALL THAT CERTAIN lot or piece of ground situate in the Forty-seventh Ward of the City of Philadelphia beginning at a point on the westerly side of North Carlisle street (forty feet wide), which point is measured northeasterly along the said westerly side of Carlisle street, from the northeasterly side of West Jefferson street (sixty feet wide) at the distance of one hundred two and five tenths feet to the said point of beginning; thence, leaving the said side of North Carlisle street, north seventy-eight degrees thirty-nine minutes zero seconds west, a distance of fifty-five and four hundred fifty-eight thousandths feet to a point on the rear property line of 1505 North Fifteenth street; thence, along the same, north eleven degrees twenty-one minutes zero seconds east, a distance of twenty-seven feet to a point; thence, south seventy-eight degrees thirty-nine minutes z...
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