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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 numbers and street addresses as 815-819 North Fifteenth street, 825-831 North Fifteenth street and 824-826 Burns street, 1522-1524 Parrish street, 1536 Parrish street and 1538 Parrish street; and authorizing the Redevelopment Authority to execute the redevelopment contract with BMK Properties, LLC 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 numbers and street addresses as 815-819 North Fifteenth street, 825-831 North Fifteenth street and 824-826 Burns street, 1522-1524 Parrish street, 1536 Parrish street and 1538 Parrish street (collectively, the "Properties"). The area of the Properties is bounded as follows:
815-819 North Fifteenth street.
ALL THAT CERTAIN lot or piece of ground situated in the Fifteenth Ward of the City of Philadelphia beginning at a point on the easterly side of North Fifteenth street (fifty feet wide) at a distance of one hundred sixty-two feet and zero inches northward from the northerly side of Brown street (fifty feet wide); Containing in front or breadth on said North Fifteenth street forty-eight feet and zero inches and extending of that width in length or depth eastward between parallel lines at right angles to Fifteenth street a distance of one hundred feet and zero inches to the wes...
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