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 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 communication transmitted a bill that would authorize the Commissioner of Public Property to transfer, for a nominal payment, City-owned land and buildings at 1213–19 S. 15th Street to the Philadelphia Authority for Industrial Development. The authority would then be able to convey the property for less than its fair market value; the item was placed on file and does not itself enact that transfer.