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Authorizing the Commissioner of Public Property to convey to the Philadelphia Authority for Industrial Development all or part of a parcel or parcels of land and any improvements thereon located at 2459-77 Kensington Avenue, for further conveyance, under certain terms and conditions.

AI summary

This enacted ordinance authorizes the City's Commissioner of Public Property to convey all or part of the City-owned property at 2459–77 Kensington Avenue, including any buildings or other improvements, to the Philadelphia Authority for Industrial Development for further conveyance. The transfer must include a commitment to an Economic Opportunity Plan, and any net sale proceeds must go to the City's General Fund.

File details

Status
ENACTED
Introduced
April 23, 2015
Sponsors
Mark Squilla
View official record ↗

Full text

THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1. The Commissioner of Public Property on behalf of the City of Philadelphia is hereby authorized to convey to the Philadelphia Authority for Industrial Development (PAID) all or part of a parcel or parcels of land and any improvements thereon located at 2459-77 Kensington Avenue, as more particularly shown on a map attached as Exhibit "A", for further conveyance, under certain terms and conditions.

SECTION 2. Conveyance of the property to PAID is conditioned upon a commitment to an Economic Opportunity Plan in accordance with Section 17-1602 of The Philadelphia Code.

SECTION 3. The City Solicitor is hereby authorized to review and approve all instruments and documents necessary to effectuate this Ordinance, which instruments and documents shall contain such terms and conditions as the City Solicitor shall deem necessary and proper to protect the interests of the City and to carry out the purposes of this Ordinance.

SECTION 4. Net proceeds from the sale of this property shall be deposited in the City's General Fund.

End

File history

Sometimes city council's record keeping is not complete. This timeline reflects the information on the council's legistar website.
  1. Council actionMAYOR

    Signed

  2. Council actionCITY COUNCIL

    Read and ordered placed on next week's second reading calendar

    Council actionCITY COUNCIL

    Ordered placed on this day`s first reading calendar

    Council actionCITY COUNCIL

    Suspend the rules of the council

    Pass
  3. Council actionCommittee on Public Property and Public Works

    Reported favorably, rule suspension requested

    Council actionCommittee on Public Property and Public Works

    Hearing held

    Council actionCommittee on Public Property and Public Works

    Hearing notices sent

  4. Council actionCITY COUNCIL

    Introduced and Referred

    Pass