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 a certain tract of City-owned land located in the vicinity of 3061 Island Avenue, 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 near 3061 Island Avenue, including its buildings and improvements. The proposed bill would have allowed the Commissioner of Public Property to transfer the property to the Philadelphia Authority for Industrial Development for a nominal payment, so it could later be conveyed at fair market value; the item was placed on file.