Transmitting a bill authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development a deed conveying, for nominal consideration, fee simple title to certain tracts of city-owned land located at 1049-1069 North Front Street, with the improvements thereon, for further conveyance at fair market value.

AI summary

This communication transmitted a proposed bill concerning city-owned land at 1049-1069 North Front Street and the buildings on it. The proposal would allow the Commissioner of Public Property to convey the land to the Philadelphia Authority for Industrial Development for a nominal amount, so the authority could later convey it at fair market value. The item was placed on file and does not itself enact this authorization.