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Approving the redevelopment contract of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the Independence Mall Urban Renewal Area, Unit No. 4, identified by house number and street address as 217-253 North Ninth street; and authorizing the Redevelopment Authority to execute the redevelopment contract with 800 Vine Senior Housing 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 Independence Mall Urban Renewal Area, Unit No. 4 (hereinafter "Independence Mall Unit 4"), which said plan and proposal were approved by Ordinance of the Council on February 19, 1966, as amended; and
WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of Independence Mall Unit 4, identified by house number and street address as 217-253 North Ninth street (the "Property"). The area of the Property is bounded as follows:
217-253 North Ninth street. Beginning at a point on the southerly right-of-way line of Vine street (variable width right-of-way, on City Plan, legally open), at its intersection with the easterly right-of-way line of Ninth street (a.k.a. North Ninth street, fifty foot-wide right-of-way, on City Plan, legally open), and from said point of beginning running; Thence along the said southerly right-of-way line of Vine street, south seventy-eight degrees, fifty-eight minutes, thirty-one seconds east, a distance of forty-seven and nine hundred forty-five thousandths feet to a point; Thence extending, south twenty-three degrees, forty minutes, thirty-nine seconds east, a distance of one hundred four and three hundred thirteen thousandths feet to a point; Thence extending south twelve degrees, fourteen minutes, twenty-eight seconds west, a distance...
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