City of Philadelphia - File #: 040553

• File #: 040553
• Version: 0
• Type: Bill
• Status: ENACTED
• File created: 5/20/2004
• In control: Committee on Public Property and Public Works
• Final action: 6/21/2004
• Title: Authorizing the Philadelphia Authority for Industrial Development to purchase certain tracts of land situate at 1601 and 1603 South Forty-ninth street, for consideration not to exceed Fifty Thousand Dollars ($50,000), under and subject to the terms and conditions of the Philadelphia Industrial and Commercial Development Agreement between the City, PAID, and the Philadelphia Industrial Development Corporation.
• Sponsors: Councilmember Blackwell
• Indexes: PAID, PIDC

Date	Ver.	Action By	Action	Result	Tally
7/1/2004	0	MAYOR	SIGNED
6/21/2004	0	CITY COUNCIL	READ
6/21/2004	0	CITY COUNCIL	PASSED	Pass	17:0
6/10/2004	0	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
6/10/2004	0	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL	Pass
6/10/2004	0	CITY COUNCIL	ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR
6/7/2004	0	Committee on Public Property and Public Works	HEARING NOTICES SENT
6/7/2004	0	Committee on Public Property and Public Works	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
6/7/2004	0	Committee on Public Property and Public Works	HEARING HELD
5/20/2004	0	CITY COUNCIL	Referred
5/20/2004	0	CITY COUNCIL	Introduced	Pass

Title
Authorizing the Philadelphia Authority for Industrial Development to purchase certain tracts of land situate at 1601 and 1603 South Forty-ninth street, for consideration not to exceed Fifty Thousand Dollars ($50,000), under and subject to the terms and conditions of the Philadelphia Industrial and Commercial Development Agreement between the City, PAID, and the Philadelphia Industrial Development Corporation.
Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1. The Philadelphia Authority for Industrial Development ("PAID") is hereby authorized to purchase for consideration not to exceed Fifty Thousand Dollars ($50,000) not including settlement and other incidental costs, and subject to the terms and conditions of the Philadelphia Industrial and Commercial Development Agreement between the City, PAID, and the Philadelphia Industrial Development Corporation ("PIDC"), the following described parcels of land situate at 1601 and 1603 South Forty-ninth street, as follows, subject to an officially survey:

PREMISES "A"

ALL THAT CERTAIN lot or piece of ground in the Fifty-first (formerly Fortieth) Ward of the City of Philadelphia, described according to a survey and plan thereof made by George C. Gilmore, Registered Surveyor of Pennsylvania #3610 and dated August 12, 1949, revised December 9, 1949, as follows, to wit:

BEGINNING at a point where a northeasterly line of land of the Petrol Corporation meets the Pìerhead and Bulkhead line on the westerly side of the Schuylkill River as approved by the Secretary of War, September 10, 1940, said point on the westerly side of the Schuylkill River being at the distance of seventy feet and six hundred ninety-nine one-thousandths of a foot measured north two degrees sixteen minutes six seconds and four-tenths of a second East along the said Pierhead and Bulkhead line of the westerly side of the Schuylkill River from the point of resting with the northeasterly line of Forty-ninth street (...