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 44th and Aspen Urban Renewal Area designated as Parcel No. 112 also sometimes identified by house number and street address for Parcel No. 112 as 761-765 North Forty-seventh street; authorizing the Redevelopment Authority to execute the redevelopment contract with the Philadelphia Housing Authority 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 amended urban renewal plan and an amended redevelopment proposal for the redevelopment of the 44th and Aspen Redevelopment Area, 44th and Aspen Urban Renewal Area (hereinafter "44th & Aspen"), which said plan and proposal were approved by Ordinance of the Council on July 7, 2003, as amended; and,
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract which includes, inter alia, a portion of 44th & Aspen designated as Parcel No. 112 also sometimes identified by house number and street address for Parcel No. 112 as 761-765 North Forty-seventh street (the "Property"). The area of the Property is bounded as follows:
Parcel No. 112 (761-765 North Forty-seventh street).
ALL THAT CERTAIN lot or piece of ground situated in the Sixth Ward of the City of Philadelphia beginning at a point on the east side of Forty-seventh street (sixty feet wide) at the distance of one hundred five feet northward from the north side of Aspen street (sixty feet wide); Containing in front or breadth on the said Forty-seventh street one hundred seventy feet and extending of that width in length or depth eastward between parallel lines at right angles to the said Forty-seventh street one hundred five feet to a point.
The said ...
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