READ AND PASSED

This enacted bill authorizes the City to transfer the parcel at 2401 Chestnut Street to the Philadelphia Authority for Industrial Development for further conveyance. It also establishes a right-of-way for bridge repair, maintenance or reconstruction and stormwater sewer and drainage, and requires the later buyer to have an Economic Opportunity Plan.

Authorizing the Commissioner of Public Property, on behalf of the City, to convey to the Philadelphia Authority for Industrial Development a parcel of land situate at 2401 Chestnut Street, for further conveyance, and authorizing the plotting upon City Plan No. 307 a right-of-way for bridge repair, maintenance and/or reconstruction purposes and for stormwater sewer and drainage purposes, all under certain terms and conditions.