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Back to search resultsCOMMUNICATION 020402

Transmitting a bill authorizing the Philadelphia Authority for Industrial Development (PAID), notwithstanding any contrary requirements of the Philadelphia Industrial and Commercial Development Agreement between the City, the Philadelphia Industrial Development Corporation (PIDC), and the PAID, to convey fee simple title to a certain property located in the vicinity of Fifty-second street and Jefferson street, to the West Philadelphia Financial Services Institution, or its nominee, for nominal consideration, under certain terms and conditions, accompanied by an explanatory letter from the Director of Commerce.

AI summary

This communication transmitted a proposed bill concerning a property near Fifty-second and Jefferson Streets. The proposal would allow the Philadelphia Authority for Industrial Development to transfer ownership of the property to the West Philadelphia Financial Services Institution, or its nominee, for a nominal price and under specified terms, despite conflicting requirements in an agreement involving the City, PIDC, and PAID; it was placed on file.

File details

Status
PLACED ON FILE
Introduced
May 30, 2002
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Full text

Title

Transmitting a bill authorizing the Philadelphia Authority for Industrial Development (PAID), notwithstanding any contrary requirements of the Philadelphia Industrial and Commercial Development Agreement between the City, the Philadelphia Industrial Development Corporation (PIDC), and the PAID, to convey fee simple title to a certain property located in the vicinity of Fifty-second street and Jefferson street, to the West Philadelphia Financial Services Institution, or its nominee, for nominal consideration, under certain terms and conditions, accompanied by an explanatory letter from the Director of Commerce.

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 actionCITY COUNCIL

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