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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 number and street address as 1233 Germantown avenue; and authorizing the Redevelopment Authority to execute the redevelopment contract with Liberty Square Holdings, LP 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 number and street address as 1233 Germantown avenue (the "Property"). The area of the Property is bounded as follows:
1233 Germantown avenue. All that certain lot or piece of ground situate on the east side of Germantown avenue at the distance of six hundred seventy-three feet southward from the south side of Master street in the Eighteenth Ward of the City of Philadelphia; Containing in front or breadth on the said Germantown avenue, twenty feet and extending of that width in length or depth eastward one hundred feet, more or less.
The said redevelopment contract is in substantial conformity with the amended urban renewal plan and the amended redevelopment proposal approved by Council; and
WHEREAS, Liberty Square Holdings, LP desires to enter into the said redevelopment contract for the Property.
RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA, That the redevelopment contract submitted by the Philadelphia Redevelopment Authority (hereinafter "Redevelopment Authority") for the redevelopment ...
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