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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 203-205 West Susquehanna avenue; and authorizing the Redevelopment Authority to execute the redevelopment contract with FINANTA 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 203-205 West Susquehanna avenue (the "Property"). The area of the Property is bounded as follows:
203-205 West Susquehanna avenue.
ALL THAT CERTAIN lot or piece of ground situated in the Nineteenth Ward of the City of Philadelphia beginning on the northeast corner of the intersection at Philip street (thirty feet wide) and West Susquehanna avenue (sixty feet wide); Containing in front or breadth on the north side of the said Philip street thirty-two feet two inches and extending of that width in length or depth northward between parallel lines at right angles to the said Susquehanna avenue and also along the east side of the said Philip street fifty-one feet two inches to the south side of a certain two feet six inches wide alley extending eastward communicating with a certain other two feet six inches wide alley extending northward to a point and extending westward into the said Philip street.
The said redevelopment contract is in substantial conformity with the amended urban renewal plan ...
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