Title
Authorizing the Commissioner of Public Property on behalf of the City of Philadelphia to transfer to the Philadelphia Authority for Industrial Development, for nominal consideration, some or all of the City's interest in certain parcels of land, with the buildings and improvements thereon, located in an area bounded by North Front Street, Wildey Street, Leopard Street and Richmond Street; certain parcels of land, with the buildings and improvements thereon, known as 1101-19 North Front Street, located on the east side of North Front street; and certain parcels of land, with the buildings and improvements thereon, known as 1043-47 North Front Street, located on the east side of North Front Street, for further conveyance.
Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
Section 1. The Commissioner of Public Property on behalf of the City of Philadelphia is hereby authorized to transfer to the Philadelphia Authority for Industrial Development, for nominal consideration, some or all of the City's interest in the following described certain parcels of land, with the buildings and improvements thereon, for further conveyance at fair market value:
Leopard Street Properties
All those certain parcels of land, with the buildings and improvements thereon, located in an area bounded by North Front Street, Wildey Street, Leopard Street and Richmond Street and generally described as follows:
ALL THOSE TWO CERTAIN lots or pieces of ground with the buildings and improvements thereon erected, SITUATE in the 5th Ward of the City of Philadelphia, described as follows:
Parcel 1
BEGINNING at a point of intersection of the easterly side of Front Street (sixty feet wide) and the southerly side of Wildey Street (fifty feet wide); thence extending eastwardly, along the said southerly side of Wildey Street, the distance of two hundred feet to a point, which point is the point of intersection of the said southerly side of Wildey Street and the...
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