READ AND PASSED

The enacted bill authorizes the City’s Commissioner of Public Property to transfer all or part of the parcel at 2721–2777 Ruth Street to the Philadelphia Authority for Industrial Development for further conveyance. The transfer must require an Economic Opportunity Plan, and the City Solicitor may approve the necessary documents.

Authorizing the Commissioner of Public Property, on behalf of the City, to convey to the Philadelphia Authority for Industrial Development all or part of a parcel commonly known as 2721-2777 Ruth Street, for further conveyance, under certain terms and conditions.