Title
Approving the redevelopment contract of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the Mantua Urban Renewal Area, identified by house numbers and street addresses as 3712-3720 Melon street, 3713-3717 Melon street, 3723 Melon street, 3729-3739 Melon street and 653-655 North Thirty-eighth street, and 3846 Melon street; and authorizing the Redevelopment Authority to execute the redevelopment contract with WPRE V, LP and to take such action as may be necessary to effectuate the redevelopment contract.
Body
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 Mantua Urban Renewal Area (hereinafter "Mantua"), 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 Mantua, identified by house numbers and street addresses as 3712-3720 Melon street, 3713-3717 Melon street, 3723 Melon street, 3729-3739 Melon street and 653-655 North Thirty-eighth street, and 3846 Melon street (collectively the "Properties"). The areas of the Properties are bounded as follows:
3712-3720 Melon street.
Beginning at a point on the southerly side of Melon street, ninety-five feet zero inches, more or less, west of the westerly side of Thirty-seventh street, Thence extending in a southerly direction along the westerly side of a three foot wide alley, fifty-seven feet zero inches, more or less, to a point on the northerly side of another three foot wide alley; Thence extending in a westerly direction along the northerly side of the last mentioned three foot wide alley, sixty-seven feet zero inches, more or less, to a point on the head of the said alley; Thence extending in a southerly direction along the head of said alley, one f...
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