Transmitting a bill authorizing the Commissioner of Public Property on behalf of the City of Philadelphia to execute and deliver to the Philadelphia Authority for Industrial Development, for nominal consideration, a deed conveying fee simple title to certain parcels of land, with the buildings and improvements thereon, located in an area bounded by North Front Street, Wildey Street, Leopard Street and Richmond Street, for further conveyance at fair market value, all under certain terms and conditions.

AI summary

This communication, which was placed on file, transmitted a proposed bill concerning certain parcels of land and their buildings and improvements in the area bounded by North Front Street, Wildey Street, Leopard Street, and Richmond Street. The proposal would have allowed the City's Commissioner of Public Property to transfer the property to the Philadelphia Authority for Industrial Development for a nominal amount, for later conveyance at fair market value under specified terms; it did not itself enact that transfer.