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Approving the redevelopment contract of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the 45th & Sansom Urban Renewal Area, identified by house numbers and street addresses as 4611 Sansom street, 4612-4620 Sansom street, 4613 Sansom street, 4619 Sansom street, 4621 Sansom street, 125 South Forty-sixth street, 127-129 South Forty-sixth street and 133-135 South Forty-sixth street; authorizing the Redevelopment Authority to execute the redevelopment contract with Sansom Street Development, 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 45th & Sansom Urban Renewal Area (hereinafter "45th & Sansom"), which said plan and proposal were approved by Ordinance of the Council on December 19, 2002 as amended; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of 45th & Sansom, identified by house numbers and street addresses as 4611 Sansom street, 4612-4620 Sansom street, 4613 Sansom street, 4619 Sansom street, 4621 Sansom street, 125 South Forty-sixth street, 127-129 South Forty-sixth street and 133-135 South Forty-sixth street (collectively, the "Properties"). The area of the Properties are bounded as follows:
4611 Sansom street.
ALL THAT CERTAIN lot or piece of ground situated in the Sixtieth Ward of the City of Philadelphia situate on the north side of Sansom street (seventy feet wide) at the distance of one hundred feet from the west side of Forty-sixth street (eighty feet wide); Containing in front or breadth of said Sansom street twenty feet and extending of that width in length or depth between parallel lines at right angles to said Sansom street the distance of ninety-five feet two inches with the east side b...
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