PASSED

The enacted ordinance authorizes Philadelphia’s Commissioner of Public Property to convey a parcel that is part of the Ryers Station parking lot, near Cottman Avenue and Shelbourne Street, to the Philadelphia Authority for Industrial Development. The property would then be conveyed to the Southeastern Pennsylvania Transportation Authority for fair market value, under terms approved by the City Solicitor.

Authorizing the Commissioner of Public Property on behalf of the City to convey to the Philadelphia Authority for Industrial Development a certain parcel of land with the buildings and improvements thereon situate on the northeasterly side of Cottman Avenue near Shelbourne Street, being a portion of the Ryers Station parking lot, for further conveyance to the Southeastern Pennsylvania Transportation Authority, under certain terms and conditions.