Bill 020603
Authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development ("PAID"), without consideration, a deed conveying fee simple title to a certain tract of City-owned land with the buildings and improvements thereon, situate on the southwest corner of American and Somerset streets, subject generally to the terms and conditions of the Philadelphia Industrial and Commercial Development Agreement between the City, the PAID, and the Philadelphia Industrial Development Corporation; and further authorizing PAID, notwithstanding any contrary requirements of the Philadelphia Industrial and Commercial Development Agreement, to convey such land for a consideration of $100,000.00, under certain terms and conditions.
Introduced by
From the floor
Passages in the official transcripts that cite this file number. Every quote links to its exact place in the record.
“Aye. The ayes are 17, the nays are 0. A majority of all Members of Council having voted in the affirmative, the bill passes. The next bill to be called for consideration is Bill No. 020603.”
Council President Verna · Stated Meeting, November 21, 2002 · Nov 21, 2002 · official transcript, this passage
“Aye. The ayes are 17, the nays are 0. A majority of all Members of Council having voted in the affirmative, the bill passes. And I would also like to knowledge that Bill No. 020603 is being held at the request of the sponsor. This concludes our Calendar for today. Are there speeches on the part of the minority? (No response.)”
Council President Verna · Stated Meeting, November 14, 2002 · Nov 14, 2002 · official transcript, this passage
“To President and Members of the Council of the City of Philadelphia, the Committee on Public Property to which was referred Bill No. 020480 entitled an ordinance authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development without consideration a deed located in the northwest corner and Fifth and Huntingdon Street; And Bill No. 020576 entitled an ordi…”
The Clerk · Stated Meeting, October 31, 2002 · Oct 31, 2002 · official transcript, this passage
“Bill No. 020603, an ordinance authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development without consideration a deed located on the southwest corner of American and Somerset Streets.”
Council President Verna · Stated Meeting, October 31, 2002 · Oct 31, 2002 · official transcript, this passage
Status timeline
- Oct 3, 2002Referred · CITY COUNCIL
- Oct 3, 2002Introduced · CITY COUNCIL
- Oct 29, 2002HEARING NOTICES SENT · Committee on Public Property and Public Works
- Oct 29, 2002REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Public Property and Public Works
- Oct 29, 2002HEARING HELD · Committee on Public Property and Public Works
- Oct 31, 2002ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
- Oct 31, 2002SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
- Oct 31, 2002ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR · CITY COUNCIL
- Nov 21, 2002READ · CITY COUNCIL
- Nov 21, 2002PASSED · CITY COUNCIL
- Dec 3, 2002SIGNED · MAYOR
Official documents
Documents open on the City of Philadelphia’s legislative site.
Full text
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..Title Authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development ("PAID"), without consideration, a deed conveying fee simple title to a certain tract of City-owned land with the buildings and improvements thereon, situate on the southwest corner of American and Somerset streets, subject generally to the terms and conditions of the Philadelphia Industrial and Commercial Development Agreement between the City, the PAID, and the Philadelphia Industrial Development Corporation; and further authorizing PAID, notwithstanding any contrary requirements of the Philadelphia Industrial and Commercial Development Agreement, to convey such land for a consideration of $100,000.00, under certain terms and conditions. ..Body THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. The Commissioner of Public Property is hereby authorized to execute and deliver to the Philadelphia Authority for Industrial Development ("PAID"), without consideration, a deed conveying fee simple title to the following described tract of ground, situate on the southwest corner of American and Somerset streets, subject generally to the terms and conditions of the Philadelphia Industrial and Commercial Development Agreement between the City, the PAID, and the Philadelphia Industrial Development Corporation, as follows: ALL THAT CERTAIN lot or piece of ground situate in the Seventh Ward of the City of Philadelphia, described as follows (subject to an official survey and plan): BEGINNING at a point of intersection of the westerly side of American street (one hundred twenty feet wide) and the southerly side of Somerset street (fifty feet wide); thence extending southwardly along the westerly side of said American street the distance of two hundred fifty feet to a point; thence extending westwardly along a line parallel with said Somerset street the distance of two hundred forty-eight feet ten and one-eighth inches to a point on the easterly side of Third street (fifty feet wide); thence extending northwardly along the easterly side of said Third street the distance of two hundred fifty feet to a point on the southerly side of said Somerset street; thence extending eastwardly along the southerly side of said Somerset street the distance of two hundred forty-eight feet seven inches to a point on the westerly side of said American street, being the first mentioned point and place of beginning. CONTAINING in area sixty-two thousand one hundred twenty-five square feet or one and four thousand two hundred sixty-two ten-thousandths acres. BEING KNOWN AS 2730 North American street. SECTION 2. Notwithstanding any contrary requirement of the Philadelphia Industrial and Commercial Development Agreement, PAID is hereby authorized to convey the parcel for a consideration of one hundred thousand dollars ($100,000.00). SECTION 3. The City Solicitor is hereby authorized to review and to approve all instruments and documents necessary to effectuate this Ordinance, which instruments and documents shall contain such terms and conditions as the City Solicitor shall deem necessary and proper to protect the interest of the City and to carry out the purposes of the Philadelphia Industrial and Commercial Development Agreement and this Ordinance. ..End