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File #: 160632    Version: 0 Name:
Type: Resolution Status: ADOPTED
File created: 6/9/2016 In control: CITY COUNCIL
On agenda: Final action: 6/16/2016
Title: Approving the redevelopment contract of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the West Parkside Urban Renewal Area, identified by house numbers and street addresses as 1701-1717 North Fifty-second street, 1702 North Fifty-second street, 1706-1710 North Fifty-second street, 1712-1716 North Fifty-second street, 1719-1729 North Fifty-second street, 1718 North Creighton street, 1722-1724 North Creighton street, 5216 Parkside avenue, 5218-5220 Parkside avenue, 5222-5234 Parkside avenue, and 5238 Parkside avenue; and authorizing the Redevelopment Authority to execute the redevelopment contract with Centennial Village LP and to take such action as may be necessary to effectuate the redevelopment contract.
Sponsors: Councilmember Jones
Indexes: REDEVELOPMENT AUTHORITY, WEST PARKSIDE URBAN RENEWAL AREA
Attachments: 1. Resolution No. 16063200.pdf, 2. Signature16063200.pdf
Title
Approving the redevelopment contract of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the West Parkside Urban Renewal Area, identified by house numbers and street addresses as 1701-1717 North Fifty-second street, 1702 North Fifty-second street, 1706-1710 North Fifty-second street, 1712-1716 North Fifty-second street, 1719-1729 North Fifty-second street, 1718 North Creighton street, 1722-1724 North Creighton street, 5216 Parkside avenue, 5218-5220 Parkside avenue, 5222-5234 Parkside avenue, and 5238 Parkside avenue; and authorizing the Redevelopment Authority to execute the redevelopment contract with Centennial Village LP and to take such action as may be necessary to effectuate the redevelopment contract.

Body
WHEREAS, The Philadelphia Redevelopment Authority (hereinafter the "Redevelopment Authority") has prepared and submitted an urban renewal plan and a redevelopment proposal for the redevelopment of the West Parkside Urban Renewal Area (hereinafter "West Parkside"), which said plan and proposal were approved by Ordinance of the Council on June 13, 2002, as amended; and

WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of West Parkside, identified by house numbers and street addresses as 1701-1717 North Fifty-second street, 1702 North Fifty-second street, 1706-1710 North Fifty-second street, 1712-1716 North Fifty-second street, 1719-1729 North Fifty-second street, 1718 North Creighton street, 1722-1724 North Creighton street, 5216 Parkside avenue, 5218-5220 Parkside avenue, 5222-5234 Parkside avenue and 5238 Parkside avenue (collectively, the "Properties"). The area of the Properties is bounded as follows:


1701-1717 North Fifty-second street.

ALL THAT CERTAIN lot or piece of ground, with the buildings and appurtenances thereto, if any, situate in the Fifty-second Ward of the City of Philadelphia beginning at the point of intersection of the nor...

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