City of Philadelphia - File #: 140481

• File #: 140481
• Version: 0
• Type: Bill
• Status: ENACTED
• File created: 5/22/2014
• In control: Committee on Public Property and Public Works
• Final action: 6/12/2014
• Title: Authorizing the Commissioner of Public Property to convey, to the Philadelphia Authority for Industrial Development, a parcel of land generally situate at 669 Hutchinson Street, for further conveyance, under certain terms and conditions.
• Sponsors: Council President Clarke, Councilmember Greenlee
• Indexes: CITY-OWNED PARCELS, PAID

Date	Ver.	Action By	Action	Result	Tally
6/19/2014	0	MAYOR	SIGNED
6/12/2014	0	CITY COUNCIL	READ AND PASSED	Pass	16:0
6/5/2014	0	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
6/5/2014	0	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL	Pass
6/5/2014	0	CITY COUNCIL	ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR
6/4/2014	0	Committee on Public Property and Public Works	HEARING NOTICES SENT
6/4/2014	0	Committee on Public Property and Public Works	HEARING HELD
6/4/2014	0	Committee on Public Property and Public Works	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
5/22/2014	0	CITY COUNCIL	Introduced and Referred	Pass

Title

Authorizing the Commissioner of Public Property to convey, to the Philadelphia Authority for Industrial Development, a parcel of land generally situate at 669 Hutchinson Street, for further conveyance, under certain terms and conditions.

Body

THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

      SECTION 1.      The Commissioner of Public Property is hereby authorized to convey to the Philadelphia Authority for Industrial Development (“PAID”), a parcel of land generally situate at 669 Hutchinson Street (depicted on Exhibit “A” attached hereto), with buildings and improvements located thereon, if any, for further conveyance under certain terms and conditions.

      SECTION 2. Conveyance of this parcel of land to PAID shall be conditioned upon agreement by PAID to remit to the City, for deposit in the General Fund, the net proceeds from the sale of the parcel of land by PAID.

      SECTION 3.  The City Solicitor is hereby authorized to impose such terms and conditions on the transaction authorized by this Ordinance as the City Solicitor deems necessary and proper to protect the interests of the City, and to carry out the purposes of this Ordinance.

End