Title
Authorizing the Philadelphia Land Bank to enter into a lease with Avenue North Renaissance, as tenant, for certain properties located in the Fifth Councilmanic District in accordance with the terms of Chapter 16-700 of the Philadelphia Code.
Body
WHEREAS, Section 16-706 of the Philadelphia Code authorizes the Philadelphia Land Bank (“Land Bank”) to convey, exchange, sell, transfer, lease, grant or mortgage interests in real property of the Land Bank; and
WHEREAS, Section 16-404(4)(a) of the Philadelphia Code provides that a lease of more than one year requires approval by resolution of City Council; now, therefore, be it
RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA, AS FOLLOWS
SECTION 1. The Philadelphia Land Bank is hereby authorized to enter into a lease of more than one year with Avenue North Renaissance, as tenant, for those properties identified in the attached Exhibit “A” pursuant to Chapter 16-700 of The Philadelphia Code and Act 153 of 2012, 68 Pa. C.S.A. § 2101, et seq.
Exhibit “A”
1420 Poplar Street
1422 Poplar Street
1429 Ogden Street
1431 Ogden Street
852 N. Carlisle Street
854 N. Carlisle Street
856 N. Carlisle Street
858 N. Carlisle Street
End