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File #: 160562    Version: 0 Name:
Type: Bill Status: ENACTED
File created: 5/26/2016 In control: Committee on Public Property and Public Works
On agenda: Final action: 6/16/2016
Title: Authorizing the Commissioner of Public Property and the Director of Commerce, on behalf of the City, to acquire approximately 1.2 acres of land known as Parcel T located at the northeast corner of Island and Escort Avenues, together with all improvements thereon; and removing a certain title exception with respect thereto; all under certain terms and conditions.
Sponsors: Councilmember Johnson
Indexes: AIRPORT
Attachments: 1. CertifiedCopy16056200.pdf
Date Ver.Action ByActionResultTallyAction DetailsVideo
6/28/20160 MAYOR SIGNED   Action details Not available
6/16/20160 CITY COUNCIL READ AND PASSEDPass17:0 Action details Not available
6/9/20160 CITY COUNCIL ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR   Action details Not available
6/9/20160 CITY COUNCIL SUSPEND THE RULES OF THE COUNCILPass  Action details Not available
6/9/20160 CITY COUNCIL READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR   Action details Not available
6/6/20160 Committee on Public Property and Public Works HEARING NOTICES SENT   Action details Not available
6/6/20160 Committee on Public Property and Public Works HEARING HELD   Action details Not available
6/6/20160 Committee on Public Property and Public Works REPORTED FAVORABLY, RULE SUSPENSION REQUESTED   Action details Not available
5/26/20160 CITY COUNCIL Introduced and ReferredPass  Action details Not available
Title
Authorizing the Commissioner of Public Property and the Director of Commerce, on behalf of the City, to acquire approximately 1.2 acres of land known as Parcel T located at the northeast corner of Island and Escort Avenues, together with all improvements thereon; and removing a certain title exception with respect thereto; all under certain terms and conditions.

Body
WHEREAS, Philadelphia Authority for Industrial Development is the owner of approximately 1.2 acres of land in Philadelphia County more specifically described in Exhibit "A";

WHEREAS, the City seeks to purchase the Property; now, therefore

THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1. The Commissioner of Public Property and the Director of Commerce are hereby authorized to acquire on behalf of the City approximately 1.2 acres of land known as Parcel T, located at the northeast corner of Island and Escort Avenues, more specifically described in Exhibit "A" (the "Property").

SECTION 2. The conditions and restrictions set forth in numbered paragraph 1 on page 3 of that certain Indenture dated December 27, 1974, by and between the Philadelphia Redevelopment Authority (fka the Redevelopment Authority of the City of Philadelphia) as Grantor, and Philadelphia Authority for Industrial Development, as Grantee, are, pursuant to the requirements of that paragraph, hereby removed and rescinded in their entirety, and the Property may hereinafter be used free of any restriction set forth in that paragraph.

SECTION 3. The City Solicitor is hereby authorized to review and to approve all instruments and documents necessary to effectuate this Ordinance, which instruments and documents shall contain such terms and conditions as the City Solicitor shall deem necessary and proper to protect the interests of the City of Philadelphia and carry out the purposes for this Ordinance.




EXHIBIT "A"



PARCEL T



ALL THAT CERTAIN lot or piece of gro...

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