Title
Approving the redevelopment contract and disposition supplement of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the Franklin Urban Renewal Area, identified by house numbers and street addresses as 1001-1005 Vine street, 1007-1011 Vine street and 314 North Tenth street; and authorizing the Redevelopment Authority to execute the redevelopment contract with 1001 Vine Street, LP 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 Franklin Urban Renewal Area (hereinafter "Franklin"), which said plan and proposal were approved by Ordinance of the Council on August 30, 1965, 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 Franklin, identified by house numbers and street addresses as 1001-1005 Vine street, 1007-1011 Vine street and 314 North Tenth street (the "Properties"). The area of the Properties is bounded as follows:
1001-1005 Vine street.
ALL THAT FOUR CERTAIN lots or pieces of ground with the buildings and appurtenances thereto, if any, situate in the Fifth Ward of the City of Philadelphia, one thereof situate at the northwest corner of Vine and Tenth streets, Containing in front or breadth on said Vine street eighteen feet and extending in depth northward along the west side of said Tenth street, one hundred thirty-one feet three inches to Pearl street, Another thereof situate on the north side of Vine street at the distance of eighteen feet westward from the west side of Tenth street; Containing...
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