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 No. 442 also sometimes identified by house number and street address as 1926 Poplar street; authorizing the Redevelopment Authority to execute the redevelopment contract with Joel Schmitt and to take such action as may be necessary to effectuate the redevelopment contract and disposition supplement.
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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 No. 442 also sometimes identified by house number and street address as 1926 Poplar street (the "Property"). The area of said Property is bounded as follows:
Parcel No. 442 (1926 North Poplar street).
ALL THAT CERTAIN lot or piece of ground situated in the Fifteenth Ward of the City of Philadelphia beginning on the southeast corner at the intersection of North Opal street (twenty five feet wide) and West Poplar street (fifty feet wide): Containing in front or breadth along the southerly side of the said Poplar street sixteen feet four inches and extending of that width in length or depth between parallel lines at right angles to the said Poplar street and along the southwesterly side of the said Opal street sixty feet to the northeasterly side of a certain three feet wide alley extending southeastward to a point and northwestward into the said Opal street.
The said redevelopment contract is in substantial ...
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