PASSED

The enacted bill authorizes Philadelphia’s Commissioner of Public Property to transfer the City-owned property at 1244 N. 4th Street, including its buildings and improvements, to the Philadelphia Authority for Industrial Development for further conveyance. Any net proceeds from the property’s sale must be deposited into the City’s General Fund.

Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to execute and deliver to the Philadelphia Authority for Industrial Development a deed conveying fee simple title to a certain tract of City-owned land with buildings and improvements thereon, situate 1244 N. 4th Street in the City of Philadelphia, for further conveyance.