Removing the Properties known generally as the Brewerytown Development from the Philadelphia Keystone Opportunity Zone, subject to the request and consent of the owners of said Properties, under certain terms and conditions.

WHEREAS, The Department of Commerce is willing to accept application from the owners of properties known generally as the Brewerytown Development and more particularly described in Exhibit “A” hereto (the “Properties”), and from all parties with any known interest in the Properties, including the prospective purchasers of the Properties, requesting and consenting to the removal of all exemptions, deductions, abatements, or credits provided for by Chapter 19-3200 of The Philadelphia Code, relating to the Keystone Opportunity Zone and the Keystone Opportunity Expansion Zone, with respect to a portion of the Properties, all to enable a mixed-use development on the Properties, including residential development on the Properties.

THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1.

Any exemptions, deductions, abatements or credits provided for by Chapter 19-3200 of The Philadelphia Code, relating to the Keystone Opportunity Zone and the Keystone Opportunity Expansion Zone, with respect to the properties known generally as the Brewerytown Development and more particularly described in Exhibit “A” hereto (the “Properties”), are hereby repealed, revoked and removed; and the Properties are hereby removed from the Philadelphia Keystone Opportunity Zone.

SECTION 2. The repeal, revocation and removal described in Section 1 of this Ordinance shall be effective upon, and only with respect to exemptions, deductions, abatements or credits accruing on or after, the effective date of an approval by the Commonwealth Department of Community and Economic Development (the “Department”) of a request by the Director of Commerce to decertify all or a portion of the Properties and remove them or it from the Philadelphia Keystone Opportunity Zone, which request shall not be submitted with respect to any portion of the Properties prior to the submission by the owners and all parties with any known interest in said portion of the Properties of written application to the Department of Commerce requesting and consenting to the removal of all exemptions, deductions, abatements, or credits provided for by Chapter 19-3200 of The Philadelphia Code, relating to the Keystone Opportunity Zone and the Keystone Opportunity Expansion Zone with respect to said portion of the Properties. To the extent the Department approves the decertification of less than all of the Properties, the repeal, revocation and removal provided for in Section 1 of this Ordinance shall be effective only with respect to such portion of the Properties as the Department approves for decertification.

SECTION 3. The Clerk shall keep on file for public inspection a copy of all Exhibits referenced herein.

EXHIBIT "A"

BREWERYTOWN DEVELOPMENT PROPERTIES

Property Address

BRT #

Owner

3018-44 W. Thompson Street

884100710

Brewery Park Associates

3101-31 W. Thompson Street

884100700

Brewery Park Associates

3126-30 W. Thompson Street

8846900

Halpern & Stein Inc.

3000-50 Master Street

884101000

Brewery Park Associates

3101-15 Master Street

884101030

George Bullock

3117-27 Master Street

884101032

Lemuel Thornton

3129-35 Master Street

884101034

Stewart Golen

3137-45 Master Street

884101036

Stewart Golen

3120 Jefferson Street

292215700

Matt's Ice Cream

3123-45 Jefferson Street

884219205

Paid for Red Bell Brewing Co.

1335 N. 30th Street

884100716

Brewery Park Associates

1341 N. 30th Street

884100718

Brewery Park Associates

1343 N. 30th Street

884100720

Brewery Park Associates

1345-47 N. 30th Street

884100722

Brewery Park Associates

1206-36 N. 31s. Street

884101205

Halpern & Co.

1238 N. 31 Street

292311500

Edward Halbe, Jr.

1240-42 N. 31 Street

292311600

Edward Halbe, Jr.

1244-68 N. 31 Street

884101220

Halpern & Co.

1401-13 N. 31 Street

884100724

Brewery Park Associates

1408-14 N. 31 Street

292312200

Rochelle Freed & Donald Eskin

1415-37 N. 31 Street

292310210

Bernfield Brothers

1416-24 N. 31 Street

292312300

Phillip M. Simkin

1426-46 N. 31 Street

292311600

Trustee for Jerome and Pearl Robbins

1500-36 31 Street

884101300

PIDC for Red Bell Brewery

1538 N. 31Street

292312550

City of Philadelphia

300-50 N. 32 Street

884101500

Cheryl Bullock

1400 N. 32 Street

884101550

Conrail

1421-27 N. 32 Street

884101552

Stuart Golen

1429-43 N. 32 Street

884101554

Quaker Commercial Wholesaling

1445-59 N 32 Street

884699400

Advance Transport Co.

3019-31 W. Glenwood Avenue

324201600

Larry Neminrofsky

3033-65 W. Glenwood Avenue

784169300

City of Philadelphia

3002-28 Cecil B. Moore Avenue

324044600

Larry & Pearl Nemirovsky

End