Transmitting a bill authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development, for nominal consideration, a deed conveying fee simple title to a certain tract of City-owned land situate in an area generally located on the east side of University Avenue between Guardian Drive and Curie Boulevard, with the buildings and improvements thereon, for further conveyance at fair market value.

AI summary

This communication transmitted a proposed bill concerning City-owned land on the east side of University Avenue between Guardian Drive and Curie Boulevard, including the buildings and improvements there. The proposed bill would allow the Commissioner of Public Property to transfer the property to the Philadelphia Authority for Industrial Development for a nominal amount, so it could later be conveyed at fair market value; the item was placed on file.