Title
Approving the amended and restated redevelopment contract of the Redevelopment Authority of the City of Philadelphia for the redevelopment and urban renewal of a portion of the Franklin Town Project, designated as Parcel No. 8s and also sometimes identified by house number and street address for Parcel No. 8s as 1701 Vine street; and authorizing the Redevelopment Authority to execute the amended and restated redevelopment contract with Corporation of the Presiding Bishop of the Church of Jesus Christ of Latter-day Saints and to take such action as may be necessary to effectuate the amended and restated redevelopment contract.
Body
WHEREAS, The Redevelopment Authority of the City of Philadelphia (hereinafter "Redevelopment Authority") has prepared and submitted a redevelopment proposal for the redevelopment of the Franklin Town Project (hereinafter "Franklin Town"), which said proposal was approved by Ordinance of the Council on December 31, 1971, as amended; and
WHEREAS, The Redevelopment Authority has prepared an amended and restated redevelopment contract for a portion of Franklin Town designated as Parcel No. 8s and also sometimes identified by house number and street address for Parcel No. 8s as 1701 Vine street (the "Property"). The area of the said Property is bounded as follows:
Parcel No. 8s (1701 Vine street).
ALL THAT CERTAIN tract or piece of land situate in the Eighth Ward of the City of Philadelphia, Commonwealth of Pennsylvania described in accordance with a plan of property prepared by Barton & Martin Engineers dated May 28, 1986 and last revised January 16, 1987, as follows: beginning at the point of intersection of the northerly side of Vine street (variable width) with the easterly side of 18th street (fifty feet wide); Thence from said point of beginning extending along said easterly side of 18th street two hundred eleven feet four inches to a point; thence leaving the side of 18th street and extending two hundred sixty o...
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