Title
Approving the redevelopment contract and disposition supplement of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the Model Cities Urban Renewal Area, identified by house number and street address as 427-435 Master street; authorizing the Redevelopment Authority to execute the redevelopment contract with Umbrella Partners, LLC and to take such action as may be necessary to effectuate the redevelopment contract and disposition supplement.
Body
WHEREAS, The Philadelphia Redevelopment Authority (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 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 Model Cities, identified by house number and street address as 427-435 Master street (the "Property"). The area of the said Property is bounded as follows:
427-435 Master street.
ALL THAT CERTAIN lot or piece of ground, situate in the Seventeenth Ward of the City of Philadelphia, beginning at the intersection of the north side of Master street (fifty feet wide) and the west side of Lawrence street (fifty feet wide); Thence extending northward along the west side of Lawrence street one hundred sixty-four feet nine inches; Thence extending westward parallel with Master street thirty-five feet two inches; Thence extending northward parallel with Lawrence and Orkney streets one foot five and one-eighth inches; Thence extending westward parallel with Jefferson street fourteen feet; Thence extending northward parallel with Lawrence and Ork...
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