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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 1532 North Marshall street and 1543 North Seventh street; and authorizing the Redevelopment Authority to execute the redevelopment contract with 99 Real Estate, 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 1532 North Marshall street and 1543 North Seventh street (collectively, the "Properties"). The area of the Properties is bounded as follows:
1532 North Marshall street.
ALL THAT CERTAIN lot or piece of ground, situate on the west side of Marshall street at the distance of seventy-four feet southward from the south side of Oxford street, in the Twentieth Ward of the City of Philadelphia; Containing in front or breadth on the said Marshall street eighteen feet and extending of that width in length or depth westward between parallel lines at right angles to the said Marshall street seventy-four feet ten and five-eighths inches.
1543 North Seventh street.
All that certain lot or piece of ground with the buildings and appurtenances thereto, if any, situate on the corner formed by the intersection of the east side of Seventh street with the south side of Oxford street in the Twentieth Ward of the City of Philadelphia; Containing in front or breadth on the said Seventh...
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