Transmitting a resolution approving the redevelopment contract of the Redevelopment Authority of the City of Philadelphia for the redevelopment and urban renewal of a portion of the Belmont Urban Renewal Area, Unit No. 1, designated as Parcel Nos. 1 and 1A also sometimes identified by respective house number and street address for Parcel No. 1 as 4221-4243 Olive street and for Parcel No. 1A as 4222-4244 Olive street; authorizing the Redevelopment Authority to execute the redevelopment contract with Building Block Development Corporation and to take such action as may be necessary to effectuate the redevelopment contract, accompanied by an explanatory letter from the Executive Director of the Redevelopment Authority.

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Transmitting a resolution approving the redevelopment contract of the Redevelopment Authority of the City of Philadelphia for the redevelopment and urban renewal of a portion of the Belmont Urban Renewal Area, Unit No. 1, designated as Parcel Nos. 1 and 1A also sometimes identified by respective house number and street address for Parcel No. 1 as 4221-4243 Olive street and for Parcel No. 1A as 4222-4244 Olive street; authorizing the Redevelopment Authority to execute the redevelopment contract with Building Block Development Corporation and to take such action as may be necessary to effectuate the redevelopment contract, accompanied by an explanatory letter from the Executive Director of the Redevelopment Authority

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