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File #: 230521    Version: 0 Name:
Type: Resolution Status: ADOPTED
File created: 6/15/2023 In control: CITY COUNCIL
On agenda: Final action: 6/22/2023
Title: Authorizing the Philadelphia Land Bank to dispose of 1625-41 North 10th Street located in the 5th District in accordance with the terms of Chapter 16-700 of The Philadelphia Code.
Sponsors: Council President Clarke, Councilmember Jones
Attachments: 1. Resolution No. 23052100, 2. Signature23052100

Title

Authorizing the Philadelphia Land Bank to dispose of 1625-41 North 10th Street located in the 5th 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 1625-41 North 10th Street (collectively, the “Property”) for the development of homeownership housing. The homes to be developed on 1625-41 North 10th Street will be eligible for participation in the Neighborhood Preservation Initiative’s Turn the Key program; 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 1625-41 North 10th Street pursuant to Chapter 16-700 of The Philadelphia Code and Act 153 of 2012, 68 Pa. C.S.A. § 2101, et seq.

 

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