READ AND PASSED

The enacted bill authorizes Philadelphia’s Commissioner of Public Property to transfer all or part of a parcel bounded by West Westmoreland Street, North Hope Street, West Ontario Street, and North Front Street to the Philadelphia Authority for Industrial Development for further conveyance. The transfer must include a commitment to require an Economic Opportunity Plan, and the City Solicitor may set additional terms to protect the City’s interests.

Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to convey to the Philadelphia Authority for Industrial Development, all or part of a parcel of land bounded by West Westmoreland Street, North Hope Street, West Ontario Street, and North Front Street, for further conveyance, under certain terms and conditions.