READ AND PASSED

This enacted bill authorizes Philadelphia’s Commissioner of Public Property to transfer parcels at 1236 and 1238 Crease Street to the Philadelphia Authority for Industrial Development for further conveyance under specified terms. The Authority must give the City the net proceeds from any sale, which will be deposited in the City’s General Fund.

Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to convey to the Philadelphia Authority for Industrial Development, a parcel or parcels generally situate at 1236 and 1238 Crease Street, for further conveyance, under certain terms and conditions.