Approving the redevelopment contract and disposition supplement of the Redevelopment Authority of the City of Philadelphia for the redevelopment and urban renewal of a portion of the New Kensington - Fishtown Urban Renewal Area, designated as Parcel No. 74 also sometimes identified by respective house number and street address as 436 East Wildey street; authorizing the Redevelopment Authority to execute the redevelopment contract with James J. Neil and to take such action as may be necessary to effectuate the redevelopment contract and disposition supplement.

WHEREAS,

The Redevelopment Authority of the City of Philadelphia (hereinafter "Redevelopment Authority") has prepared and submitted an urban renewal plan and a redevelopment proposal for the redevelopment of the New Kensington - Fishtown Urban Renewal Area, (hereinafter "New Kensington - Fishtown"), which said plan and proposal were approved by Ordinance of the Council on June 13, 1997, as amended; and

WHEREAS,

The Redevelopment Authority has prepared a redevelopment contract for a portion of the New Kensington - Fishtown, designated as Parcel No. 74 also sometimes identified by respective house number and street address as 436 East Wildey street (hereinafter “Parcel”). The area of said Parcel is bounded as follows:

Parcel No. 74 (436 East Wildey street).

ALL THAT CERTAIN lot or piece of ground located in the Eighteenth Ward of the City of Philadelphia situate at a point on the southeasterly side of East Wildey street at the distance of sixty six feet four inches southwestward from the southwesterly side of Earl street; Containing in front or breadth on Wildey street sixteen feet and extending of that width in length or depth southeastward between parallel lines at right angles to Wildey street a distance of seventy five feet.

The said redevelopment contract is in substantial conformity with the amended urban renewal plan and the amended redevelopment proposal approved by the Council.

WHEREAS,

James J. Neil desires to enter into the said redevelopment contract for the Parcel; and

WHEREAS,

The Redevelopment Authority has prepared a disposition supplement providing,

inter alia,

for development controls and regulations imposed upon the Redeveloper.

RESOLVED,

BY THE COUNCIL OF THE CITY OF PHILADELPHIA

, That the redevelopment contract submitted by the Redevelopment Authority of the City of Philadelphia (hereinafter "Redevelopment Authority") for the redevelopment of that portion of the New Kensington - Fishtown Urban Renewal Area, as hereinabove more particularly described, is hereby approved. City Council authorizes the Redevelopment Authority to proceed with minor changes in substantial conformity with the hereby approved redevelopment contract. The Redevelopment Authority is authorized to execute the hereby approved redevelopment contract with James J. Neil (hereinafter "Redeveloper"). The Redevelopment Authority and the Redeveloper are authorized to take such action in substantial conformity to the redevelopment contract as may be necessary to carry it out.

RESOLVED

, The Redevelopment Authority and the Redeveloper are authorized to prepare or cause to be prepared for introduction into the Council such ordinances or resolutions as may be necessary for changes in zoning, streets, alleys, public ways, street patterns, location and relocation of public utilities, and related items which are required in order to facilitate and effectuate the redevelopment contract and disposition supplement hereby approved. Accordingly, the Council hereby declares that it will cooperate in helping to carry out the redevelopment contract and requests the various officials, departments, boards and agencies of the City having administrative responsibilities in the premises likewise to cooperate to such end and to exercise their respective functions and powers in a manner consistent with the redevelopment contract.

End

-

-