ADOPTED

Approving the redevelopment contract of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the American Street Industrial Corridor Urban Renewal Area, identified by house numbers and street addresses as 1361 Germantown avenue and 1363-1365 Germantown avenue; and authorizing the Redevelopment Authority to execute the redevelopment contract with 1365 Developers LLC and to take such action as may be necessary to effectuate the redevelopment contract.