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Approving the redevelopment contract of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the Model Cities Urban Renewal Area, identified by house numbers and street addresses as 1415 North Fourth street and 1419 North Fourth street; authorizing the Redevelopment Authority to execute the redevelopment contract with BMK Properties LLC and to take such action as may be necessary to effectuate the redevelopment contract.
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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 redevelopment contract for a portion of Model Cities, identified by house numbers and street addresses as 1415 North Fourth street and 1419 North Fourth street (the "Properties"). The areas of the said Properties are bounded as follows:
1415 North Fourth street.
ALL THAT CERTAIN lot or piece of ground situate in the Seventeenth Ward of the City of Philadelphia beginning at a point on the easterly side of Fourth street (fifty feet wide) at a distance of one hundred thirty-two feet, more or less, northwardly from the northerly side of Master street (fifty feet wide); Thence extending in an eastwardly direction fifty feet, more or less, to a point; Thence extending in a northwardly direction sixteen feet, more or less, to a point; Thence extending in a westwardly direction fifty feet, more or less, to a point on the said easterly side of Fourth street; Thence extending in a southwardly direction along the said side of Fourth street, sixteen feet, more or less, to the first mentioned point and place of beginning.
1419 North Fourth street.
ALL THAT CERTAIN lot or piece o...
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