Title
Approving the redevelopment contract and disposition supplement of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the Market Street East Urban Renewal Area, identified by house number and street address as 810 Arch street; and authorizing the Redevelopment Authority to execute the redevelopment contract with 810 Arch Limited Partnership 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 Market Street East Urban Renewal Area (hereinafter "Market East"), which said plan and proposal were approved by Ordinance of the Council on September 16, 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 Market East, identified by house number and street address as 810 Arch street (the "Property"). The area of the Property is bounded as follows:
810 Arch street.
ALL THAT CERTAIN lot or piece of ground situate in the Fifth Ward of the City of Philadelphia beginning at a point on the southerly side of Arch street (seventy-two feet wide) ninety-nine feet zero inches, more or less, west from the westerly side of Eighth street (fifty feet wide); Thence extending in a southerly direction, along a line of property now or late of Samuel Fingrued, Et Ux, one hundred thirty-six feet zero inches, more or less, to a point; Thence extending in a westerly direction, along a line of the aforesaid Fingrued property, eighteen feet zero inches, more or less, to the head of an eighteen foot wide alley; Thence extending in a so...
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