header-left
File #: 240223    Version: 0 Name:
Type: Resolution Status: ADOPTED
File created: 3/21/2024 In control: CITY COUNCIL
On agenda: Final action: 4/4/2024
Title: Approving the redevelopment contract of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the 44th and Aspen Urban Renewal Area, identified by house number and street address as 644-646 North Fortieth street, a portion of the Mantua Urban Renewal Area, identified by house numbers and street addresses as 827 North Fortieth street, 843 North Fortieth street, 847 North Fortieth street, 849 North Fortieth street, 851 North Fortieth street, 865 North Fortieth street and 867 North Fortieth street, and a portion of the Sarah Allen Urban Renewal Area, identified by house numbers and street addresses as 818 North Fortieth street and 830 North Fortieth street; and authorizing the Redevelopment Authority to execute the redevelopment contract with North 40th Street LP and to take such action as may be necessary to effectuate the redevelopment contract.
Sponsors: Councilmember Gauthier
Indexes: 44th & ASPEN URBAN RENEWAL AREA, REDEVELOPMENT AUTHORITY
Attachments: 1. Resolution No. 24022300, 2. Signature24022300
Title
Approving the redevelopment contract of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the 44th and Aspen Urban Renewal Area, identified by house number and street address as 644-646 North Fortieth street, a portion of the Mantua Urban Renewal Area, identified by house numbers and street addresses as 827 North Fortieth street, 843 North Fortieth street, 847 North Fortieth street, 849 North Fortieth street, 851 North Fortieth street, 865 North Fortieth street and 867 North Fortieth street, and a portion of the Sarah Allen Urban Renewal Area, identified by house numbers and street addresses as 818 North Fortieth street and 830 North Fortieth street; and authorizing the Redevelopment Authority to execute the redevelopment contract with North 40th Street LP and to take such action as may be necessary to effectuate the redevelopment contract.

Body
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 44th and Aspen Urban Renewal Area (hereinafter "44th & Aspen"), which said plan and proposal were approved by Ordinance of the Council on June 12, 2003, as amended; and

WHEREAS, The Redevelopment Authority has prepared and submitted an urban renewal plan and a redevelopment proposal for the redevelopment of the Mantua Urban Renewal Area (hereinafter "Mantua"), 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 and submitted an urban renewal plan and a redevelopment proposal for the redevelopment of the Sarah Allen Urban Renewal Area (hereinafter "Sarah Allen"), which said plan and proposal were approved by Ordinance of the Council on June 23, 1998; and

WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of 44th & Aspen, identifi...

Click here for full text