WHEREAS,
Chapter 16-400 of The Philadelphia Code relating to vacant property, grants the City the power to convey certain classes of real property to the Redevelopment Authority of the City of Philadelphia, without consideration, to implement the public purposes set forth in that Chapter; and
WHEREAS,
The Vacant Property Review Committee has recommended acceptance and disposition of the vacant properties listed below: now therefore
RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA
SECTION 1.
The Commissioner of Public Property is hereby authorized to execute and deliver to the Redevelopment Authority of the City of Philadelphia, without consideration, deeds conveying conditional fee simple title to 11728 Gifford Street pursuant to Chapter 16-400 of the Philadelphia Code under certain terms and conditions.
SECTION 2.
The Redevelopment Authority is hereby authorized to dispose of the aforementioned properties for rehabilitation and/or improvements under certain terms and conditions pursuant to Chapter 16-400 of The Philadelphia Code.
SECTION 3.
The City Solicitor is hereby authorized to prepare or to approve all instruments and documents and to include in such instruments and documents such terms and conditions as are necessary to effectuate the purpose of Chapter 16-400 of The Philadelphia Code.
SECTION 4.
The transfer of said property at 11728 Gifford Street is contingent upon a deed restriction prohibiting construction on said property.
End