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. 691 and also sometimes identified by house number and street address as 2024-2052 North Tenth street including 1000-1010 Diamond street; authorizing the Redevelopment Authority to execute the redevelopment contract with 1000 Diamond Street, LP 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; and
WHEREAS, The Redevelopment Authority has prepared a disposition supplement providing, inter alia, for development controls and regulations imposed upon the redeveloper; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of the Model Cities, designated as Parcel No. 691 and also sometimes identified by house number and street address as 2024-2052 North Tenth street including 1000-1010 Diamond street (the "Property"). The area of the Property is bounded as follows:
Parcel No. 691 (2024-2052 North Tenth street including 1000-1010 Diamond street). ALL THAT CERTAIN lot or piece of ground situated in the Twentieth Ward of the City of Philadelphia beginning at the point of intersection of the east side of Alder street (thirty feet wide) and the south side of Diamond street (fifty feet wide); Thence extending southward along the said side of Alder street the distance of two hundred ninety three feet eight and three-eighths inches to a point; Thence exte...
Click here for full text