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 4000 Main Street in the City of Philadelphia, for further conveyance at fair market value.

AI summary

This communication transmits a proposed bill that would authorize the Commissioner of Public Property to convey City-owned land, including buildings and improvements, at 4000 Main Street to the Philadelphia Authority for Industrial Development for a nominal payment. The property would then be conveyed at fair market value; the item was placed on file and does not itself enact this change.