WHEREAS, Section 16-707 of the Philadelphia Code authorizes the Philadelphia Land Bank (“Land Bank”) to convey, exchange, sell, transfer, lease, grant or mortgage interests in real property of the Land Bank, subject to approval of the Vacant Property Review Committee and resolution by City Council, and subject further to certain stated terms and conditions;
WHEREAS, the Vacant Property Review Committee at its public meeting held on February 12, 2019 approved the transfer of 250 W. Thayer Street pursuant to Chapter 16-700 of The Philadelphia Code; now, therefore
RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA, AS FOLLOWS:
SECTION 1. The Philadelphia Land Bank is hereby authorized to transfer title to 250 W. Thayer Street pursuant to Chapter 16-700 of The Philadelphia Code and
Act 153 of 2012, 68 Pa. C.S.A. § 2101,
et seq
.
End