Skip to main content
Back to search resultsBill 060336

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 with buildings and improvements thereon, situate 1213-19 S. 15th Street in the City of Philadelphia, for further conveyance at less than fair market value.

AI summary

This enacted bill authorized the Commissioner of Public Property to transfer City-owned land and buildings at 1213-19 S. 15th Street to the Philadelphia Authority for Industrial Development for a nominal amount. The property may then be conveyed to another party for less than fair market value, and any net sale proceeds must go to the City’s General Fund.

File details

Status
ENACTED
Introduced
May 4, 2006
Sponsors
Anna Cibotti VernaJannie L. Blackwell
View official record ↗

Full text

THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1. The Commissioner of Public Property is hereby authorized to execute and deliver to the Philadelphia Authority for Industrial Development for nominal consideration, a deed conveying fee simple title to a certain lot or piece of City-owned land, with the buildings and improvements thereon erected, if any, situate 1213-19 S. 15th Street, for further conveyance at less than fair market value.

SECTION 2. The City Solicitor is hereby authorized to review and approve all instruments and documents necessary to effectuate the Ordinance, which instruments and documents shall contain such terms and conditions as the City Solicitor shall deem necessary and proper to protect the interest of the City.

SECTION 3. Net proceeds from the sale of this property shall be deposited in the City's General Fund.

End

File history

Sometimes city council's record keeping is not complete. This timeline reflects the information on the council's legistar website.
  1. Council actionMAYOR

    Signed

  2. Council actionCITY COUNCIL

    Read

  3. Council actionCITY COUNCIL

    Ordered placed on next week`s second reading calendar

    Council actionCITY COUNCIL

    Suspend the rules of the council

    Pass
    Council actionCITY COUNCIL

    Ordered placed on this day`s first reading calendar

  4. Council actionCommittee on Public Property and Public Works

    Hearing held

    Council actionCommittee on Public Property and Public Works

    Reported favorably, rule suspension requested

    Council actionCommittee on Public Property and Public Works

    Hearing notices sent

  5. Council actionCITY COUNCIL

    Introduced (By Request) and Referred

    Council actionCITY COUNCIL

    Referred