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Amending an Ordinance approved November 13, 1997 (Ordinance No. 970270) which authorized the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development, without consideration, a deed conveying fee simple title to a certain tract of City-owned land with the buildings and improvements thereon erected, situate on the northeast corner of Seventh street and Pattison avenue in the Thirty-ninth Ward of the City of Philadelphia, under and subject to the terms and conditions of the Philadelphia Industrial and Commercial Development Agreement between the City, the Philadelphia Authority for Industrial Development, and the Philadelphia Industrial Development Corporation ("the Agreement"), by authorizing the Philadelphia Authority for Industrial Development (PAID), notwithstanding any contrary requirements of the Agreement, to convey the property for a nominal consideration.

AI summary

This enacted ordinance amends a 1997 ordinance concerning a City-owned property at Seventh Street and Pattison Avenue. It authorizes the Philadelphia Authority for Industrial Development to convey the property to another party for a nominal amount, even if the existing development agreement would otherwise require different terms.

File details

Status
ENACTED
Introduced
March 30, 2000
Sponsors
Anna Cibotti VernaJannie L. Blackwell
View official record ↗

Full text

THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1. The Ordinance approved November 24, 1997 (Bill No. 970270) is hereby amended to read as follows:

SECTION 1. The Commissioner of Public Property is hereby authorized to execute and delivery to the Philadelphia Authority for Industrial Development (PAID), without consideration, a deed conveying fee simple title to the following described tract of ground, subject however to all the terms and conditions of the Philadelphia Industrial and Commercial Development Agreement between the City, PAID, and the Philadelphia Industrial Development Corporation

except that, notwithstanding any contrary requirements of said Agreement, PAID is authorized to reconvey the property for nominal consideration

, as follows:

* * *

SECTION 2. This Ordinance shall take effect immediately.

___________________________________

Explanation:

Italics

indicate new matter added.

End

File history

Sometimes city council's record keeping is not complete. This timeline reflects the information on the council's legistar website.
  1. Council actionMAYOR

    Signed

  2. Council actionCITY COUNCIL

    Read

  3. Council actionCITY COUNCIL

    Ordered placed on next week`s second reading calendar

    Council actionCITY COUNCIL

    Suspend the rules of the council

    Pass
    Council actionCITY COUNCIL

    Ordered placed on this day`s first reading calendar

  4. Council actionCommittee on Public Property and Public Works

    Reported favorably, rule suspension requested

    Council actionCommittee on Public Property and Public Works

    Hearing held

  5. Council actionCITY COUNCIL

    Introduced

    Pass
    Council actionCITY COUNCIL

    Referred