READ AND PASSED

The enacted bill authorizes the City to transfer parcels near University Avenue and Civic Center Boulevard to the Philadelphia Authority for Industrial Development for redevelopment by the University of Pennsylvania and Children’s Hospital of Philadelphia, or their designees. It also authorizes the City to lease about 21,500 to 22,700 square feet in the future development for outpatient substance-use disorder treatment by the Department of Public Health, initially at $1 per year.

Authorizing the Commissioner of Public Property, on behalf of the City, to convey to the Philadelphia Authority for Industrial Development all or a portion of certain parcels of land in and about the area bounded by University Avenue, Civic Center Boulevard, Hamilton Street and 34th Street, for further conveyance; and authorizing the Commissioner of Public Property, on behalf of the City, to enter into a lease agreement to lease back a portion of the property to the City; all under certain terms and conditions.