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File #: 220875    Version: 0 Name:
Type: Resolution Status: ADOPTED
File created: 10/27/2022 In control: CITY COUNCIL
On agenda: Final action: 11/3/2022
Title: Authorizing the Philadelphia Land Bank to dispose of 2214 N. Orkney Street located in the 7th Councilmanic District in accordance with the terms of Chapter 16-700 of The Philadelphia Code.
Sponsors: Council President Clarke, Councilmember Jones
Attachments: 1. Resolution No. 22087500, 2. Signature22087500

Title

Authorizing the Philadelphia Land Bank to dispose of 2214 N. Orkney Street located in the 7th 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 in accordance with the requirements of 16-400 of The Philadelphia Code; and

 

WHEREAS, The Land Bank Board of Directors (the “Board”) has determined that it is in the best interest of the Land Bank to convey 2214 N. Orkney Street (collectively, the “Property”) to Md Golam Mostafa and Sharmin Akter (the “Purchaser”) for the purchase price of Fifty Thousand and 00/100 Dollars ($50,000.00) for the development of a side/rear yard; 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 transfer title to 2214 N. Orkney Street to Md Golam Mostafa and Sharmin Akter pursuant to Chapter 16-700 of The Philadelphia Code and Act 153 of 2012, 68 Pa. C.S.A. § 2101, et seq.

 

End