WHEREAS,
The Redevelopment Authority of the City of Philadelphia as hereinafter "Redevelopment Authority", has prepared and submitted an urban renewal plan and a redevelopment proposal for the redevelopment of the Tioga Urban Renewal Area, as hereinafter "Tioga", for which said plan and proposal were approved by Ordinance of the Council on July 7, 2003; and
WHEREAS
, The Redevelopment Authority has prepared a redevelopment contract for a portion of Tioga, designated as Parcel No. 50 also sometimes identified by respective house numbers and street addresses as 1539-1541 West Venango street; (hereinafter “Property”). The area of the Property is bounded as follows:
Parcel No. 50 (1539-1541 West Venango street).
ALL THAT CERTAIN
lot or piece of ground situated in the Thirteenth
Ward of the City of Philadelphia beginning at the point of intersection of the north side of Venango street (fifty feet wide) and the east side of Sixteenth street (fifty feet wide); Thence extending northward along the said side of Sixteenth street seventy two feet to a point on the south side of a certain three feet wide alley that extends westward into the said Sixteenth street and eastward into Sydenham street (fifty feet wide); Thence extending eastward along said alley thirty one feet seven inches to a point; Thence extending southward on a line parallel with the said Sixteenth street seventy two feet to a point on the said north side of Venango street; Thence
extending westward along the said Venango street thirty one feet seven inches to the point of intersection with the said Sixteenth street, being the first mentioned point and place of beginning.
The said redevelopment contract is in substantial conformity with the amended urban renewal plan and the amended redevelopment proposal approved by the Council.
WHEREAS,
New Life Affordable Housing I, L.P. desires to enter into the said redevelopment contract for the Property; and
WHEREAS,
The Redevelopment Authority has prepared a disposition supplement providing,
inter alia,
for development controls and regulations imposed upon the Property.
RESOLVED,
BY THE COUNCIL OF THE CITY OF PHILADELPHIA
, That the redevelopment contract and disposition supplement submitted by the Redevelopment Authority of the City of Philadelphia (hereinafter "Redevelopment Authority") for the redevelopment of that portion of Tioga, as hereinabove more particularly described, is hereby approved. City Council authorizes the Redevelopment Authority to proceed with minor changes in substantial conformity with the hereby approved redevelopment contract and disposition supplement. The Redevelopment Authority is authorized to execute the hereby approved redevelopment contract with New Life Affordable Housing I, L.P. (hereinafter "Redeveloper"). The Redevelopment Authority and the Redeveloper are authorized to take such action in substantial conformity to the redevelopment contract as may be necessary to carry it out.
RESOLVED
, The Redevelopment Authority and the Redeveloper are authorized to prepare or cause to be prepared for introduction into the Council such ordinances or resolutions as may be necessary for changes in zoning, streets, alleys, public ways, street patterns, location and relocation of public utilities, and related items which are required in order to facilitate and effectuate the redevelopment contract and disposition supplement hereby approved. Accordingly, the Council hereby declares that it will cooperate in helping to carry out the redevelopment contract and disposition supplement and requests the various officials, departments, boards and agencies of the City having administrative responsibilities in the premises likewise to cooperate to such end and to exercise their respective functions and powers in a manner consistent with the redevelopment contract and disposition supplement.
End