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 Model Cities Urban Renewal Area, designated as Parcel Nos. 679, 680, 681 & 682 also sometimes identified by house numbers and street addresses for Parcel No. 679 as 1500-1516 Poplar street, for Parcel No. 680 as 1501-1515 Poplar street, for Parcel No. 681 as 1525 Poplar street and for Parcel No. 682 as 1530 Poplar street including 857 and 861-865 North Sixteenth street; authorizing the Redevelopment Authority to execute the redevelopment contract with Francisville East, L.P. and to take such action as may be necessary to effectuate the redevelopment contract and disposition supplement.
Body
WHEREAS, The Redevelopment Authority of the City of Philadelphia (hereinafter "Redevelopment Authority") has prepared and submitted an urban renewal plan and a redevelopment proposal for the redevelopment of the Model Cities Urban Renewal Area, (hereinafter "Model Cities"), which said plan and proposal were approved by Ordinance of the Council on December 15, 1969, as amended; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of Model Cities, designated as Parcel Nos. 679, 680, 681 & 682 also sometimes identified by house numbers and street addresses for Parcel No. 679 as 1500-1516 Poplar street, for Parcel No. 680 as 1501-1515 Poplar street, for Parcel No. 681 as 1525 Poplar street and for Parcel No. 682 as 1530 Poplar street including 857 and 861-865 North Sixteenth street (the "Properties"). The area of said Properties is bounded as follows:
Parcel No. 679 (1500-1516 Poplar street).
ALL THAT CERTAIN lot or piece of ground situated in the Fifteenth Ward of the City of Philadelphia beginning at the point of intersection of the south side of Poplar street (sixty feet wide) and the west side of Fifteenth street (fifty feet wide); Then...
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