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 44th and Aspen Urban Renewal Area designated as Parcel No. 32 also sometimes identified by house number and street address as 4225 Haverford avenue; authorizing the Redevelopment Authority to execute the redevelopment contract with Aspen Housing II, L.P. 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 amended urban renewal plan and an amended redevelopment proposal for the redevelopment of the 44th and Aspen Redevelopment Area, 44th & Aspen Urban Renewal Area (hereinafter "44th & Aspen "), which said plan and proposal were approved by Ordinance of the Council on July 7, 2003, as amended; and

WHEREAS

, The Redevelopment Authority has prepared a redevelopment contract which includes,

inter alia,

a portion of 44th & Aspen designated as Parcel Nos. 32 also sometimes identified by house number and street address as 4225 Haverford avenue (the “Property”). The areas of the Property is bounded as follows:

Parcel No. 32 (4225 Haverford avenue).

All that certain lot or piece of ground situated in the Sixth Ward of the City of Philadelphia beginning on the north side of Haverford avenue (eighty feet wide) at the distance of twenty seven feet two and three-eighths inches west from the westerly side of Brooklyn street (fifty feet wide); Containing in front or breadth on the said side of Haverford avenue fourteen feet and extending of that width in length or depth between parallel lines at right angles to the said Haverford avenue fifty one feet six and seven-eighths inches to a point.

The said redevelopment contract is in substantial conformity with the amended urban renewal plans and the amended redevelopment proposals approved by the Council; and

WHEREAS,

Aspen Housing II, L.P. (hereinafter “Redeveloper”) desires to enter into the said redevelopment contract for the Property; 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 Greenway, Mantua and West Philadelphia, 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 Aspen Housing II, L.P. (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