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BillENACTED

Bill 050573

Authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development a deed conveying, for nominal consideration, fee simple title to a certain irregularly shaped portion of 250 Fountain Street, on the southwest corner of the intersection of Silverwood and Fountain Streets, with the improvements thereon, for further conveyance at fair market value.

Introduced Jun 2, 2005Committee on Streets and ServicesOfficial record: City of Philadelphia via Legistar

Introduced by

Councilmember Nutter

From the floor

Passages in the official transcripts that cite this file number. Every quote links to its exact place in the record.

  1. “Aye. The ayes are 17, the nays are zero. A majority of all members having voted in the affirmative, the bill passes. We will now consider Bill No. 050573. THE”

    President Verna · Stated Meeting, June 16, 2005 · Jun 16, 2005 · official transcript, this passage

  2. “To the President and members of the Council of the City of Philadelphia: The Committee on Streets and Services to which was referred Bill No. 050269 entitled An Ordinance granting permission to Moore College of Art to operate and maintain a vending stand at 1916 to 1934 Race Street; and Bill No. 050362 entitled An Ordinance authorizing Brandywine Realty Trust an underground electrical conduit between 29th Street and…”

    Chief Clerk · Stated Meeting, June 9, 2005 · Jun 9, 2005 · official transcript, this passage

  3. “And Bill No. 050573, an ordinance authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development a deed at 250 Fountain Street.”

    Chief Clerk · Stated Meeting, June 9, 2005 · Jun 9, 2005 · official transcript, this passage

Status timeline

  1. Jun 2, 2005Referred · CITY COUNCIL
  2. Jun 2, 2005Introduced · CITY COUNCIL
  3. Jun 9, 2005HEARING NOTICES SENT · Committee on Streets and Services
  4. Jun 9, 2005REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Streets and Services
  5. Jun 9, 2005HEARING HELD · Committee on Streets and Services
  6. Jun 9, 2005SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
  7. Jun 9, 2005ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
  8. Jun 9, 2005ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR · CITY COUNCIL
  9. Jun 16, 2005READ · CITY COUNCIL
  10. Jun 16, 2005PASSED · CITY COUNCIL
  11. Jul 8, 2005SIGNED · MAYOR

Official documents

Documents open on the City of Philadelphia’s legislative site.

Full text

Read the full text as published

..Title Authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development a deed conveying, for nominal consideration, fee simple title to a certain irregularly shaped portion of 250 Fountain Street, on the southwest corner of the intersection of Silverwood and Fountain Streets, with the improvements thereon, for further conveyance at fair market value. ..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 a deed conveying, for nominal consideration, fee simple title to a certain irregularly shaped portion of 250 Fountain Street, on the southwest corner of the intersection of Silverwood and Fountain Streets, as described below, with the improvements thereon, for further conveyance by the Philadelphia Authority for Industrial Development at fair market value, with the net proceeds to be returned to the General Fund: BEGINNING at the point on the southwesterly side of Silverwood Street (50' wide, legally open) at the distance of 63.687' northwestwardly from the intersection of the said southwesterly side of Silverwood Street and the northwesterly side of Fountain Street (50' wide, legally open); THENCE extending the following six (6) courses and distances along the southeasterly face of a certain brick retaining wall. (1) Partly along the southeasterly face of the said brick retaining wall S.72°36'30"W. the distance of 26.800' to a point of curve; (2) on the arc of a circle curving to the left having a radius of 16.000' the arc distance of 11.397' to a point of reverse curve; (3) on the arc of a circle curving to the right having a radius of 17.000' the arc distance of 27.771' to a point of reverse curve; (4) on the arc of a circle curving to the left having a radius of 13.000' the arc distance of 15.219' to a point of tangency; (5) THENCE extending S.58°18'58"W. the distance of 163.000' to a point of curve; (6) on the arc of a circle curving to the left having a radius of 10.000' the arc distance of 16.413' to a point on the southeasterly end of the said brick retaining wall; THENCE extending S.73°51'30"W. the distance of 14.239' to a point; THENCE extending N.16°08'30"W. the distance of 44.024' to a point; THENCE extending N.64°38'30"E. the distance of 252.012' to a point on the said southwesterly side of Silverwood Street; THENCE extending southeastwardly along the said southwesterly side of Silverwood Street S.25°21'30"E. the distance of 29.896' to the first mentioned point and place of BEGINNING. CONTAINING in area 6,811 sq. ft. or 0.15636 acres. SECTION 2. 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 interests of the City. ..End