City of Philadelphia - File #: 070506

• File #: 070506
• Version: 0
• Type: Bill
• Status: ENACTED
• File created: 5/31/2007
• In control: Committee on Public Property and Public Works
• Final action: 6/14/2007
• Title: Authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development, for nominal consideration, a deed conveying fee simple title to an approximately 30,000 square foot triangular shaped parcel of City-owned land with buildings and improvements thereon, located at the southeast corner of Market and 33rd Streets in the City of Philadelphia, for further conveyance.
• Indexes: CITY-OWNED PARCELS, PAID

Date	Ver.	Action By	Action	Result	Tally
7/3/2007	0	MAYOR	SIGNED
6/14/2007	0	CITY COUNCIL	READ
6/14/2007	0	CITY COUNCIL	PASSED	Pass	17:0
6/7/2007	0	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
6/7/2007	0	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL	Pass
6/7/2007	0	CITY COUNCIL	ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR
6/6/2007	0	Committee on Public Property and Public Works	HEARING NOTICES SENT
6/6/2007	0	Committee on Public Property and Public Works	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
6/6/2007	0	Committee on Public Property and Public Works	HEARING HELD
5/31/2007	0	CITY COUNCIL	Referred
5/31/2007	0	CITY COUNCIL	Introduced	Pass

Title

Authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development, for nominal consideration, a deed conveying fee simple title to an approximately 30,000 square foot triangular shaped parcel of City-owned land with buildings and improvements thereon, located at the southeast corner of Market and 33rd Streets in the City of Philadelphia, for further conveyance.

Body

THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1.  The Commissioner of Public Property is hereby authorized to execute and deliver to the Philadelphia Authority for Industrial Development for nominal consideration, a deed conveying fee simple title to an approximately 30,000 square foot triangular shaped parcel of City-owned land with buildings and improvements thereon, located at the southeast corner of Market and 33rd Streets, for further conveyance for $600,000.

SECTION 2.  The City Solicitor is hereby authorized to review and approve all instruments and documents necessary to effectuate this Ordinance, which instruments and documents shall contain such terms and conditions as the City Solicitor shall deem necessary and proper to protect the interest of the City.

SECTION 3.  Net proceeds from the sale of this property shall be deposited in the City's General Fund.

End