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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 Point Breeze Urban Renewal Area, designated as Parcel Nos. 103 and 104 and also sometimes identified by house addresses and street addresses for Parcel No. 103 as 1626-1636 Federal street and for Parcel No. 104 as 1218-1228 South Seventeenth street; authorizing the Redevelopment Authority to execute the redevelopment contract with Community Ventures 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 Point Breeze Urban Renewal Area, (hereinafter "Point Breeze"), which said plan and proposal were approved by Ordinance of the Council on June 11, 1998, as amended; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of Point Breeze, designated as Parcel Nos. 103 and 104 and also sometimes identified by house addresses and street addresses for Parcel No. 103 as 1626-1636 Federal street and for Parcel No. 104 as 1218-1228 South Seventeenth street (hereinafter "Parcel Nos. 103 and 104"). The area of Parcel Nos. 103 and 104 are bounded as follows:
Parcel No. 103 (1626-1636 Federal street).
ALL THAT CERTAIN lot or piece of ground situated in the Thirty-sixth Ward of the City of Philadelphia beginning on the south side of Federal street (fifty feet wide) at the distance of thirty five feet east from the east side of Seventeenth street (fifty feet wide); Thence extending east along the south side of the said Federal street; ninety four feet seven and three-quarters inches, to a point; Thence extending south on a line at right angles to said Federal street; o...
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