Communication 050600

Transmitting a resolution approving the redevelopment contract and disposition supplement of the Redevelopment Authority of the City of Philadelphia for the redevelopment and urban renewal of a portion of the Point Breeze East Urban Renewal Area, designated as Parcel Nos. 35, 37, 38, 39, 41, 42, 43, 44, 45, 46, 47, 48, 49, 55, 56, 57, 58, 59, 60, 64, 65, 66, 67 & 68 and also sometimes identified by house addresses and street addresses for Parcel No. 35 as 1132-1136 South Fifteenth stret, for Parcel No. 37 as 1210 South Sixteenth street, for Parcel No. 38 as 1216-1218 south Sixteenth street, for Parcel No. 39 as 1221-1229 South Sixteenth street, for Parcel No. 41 as 1605 Annin street, for Parcel No. 42 as 1622 Annin street, for Parcel No. 43 as 1626-1628 Annin street, for Parcel No. 44 as 1439-1441 Ellsworth street, for Parcel No. 45 as 1505-1509 Ellsworth street, for Parcel No. 46 as 1513 Ellsworth street, for Parcel No. 47 as 1517-1521 Ellsworth street, for Parcel No. 48 as 1529 Ellsworth street, for Parcel No. 49 as 1504-1509 Federal street, for Parcel No. 55 as 1505-1509 Federal street, for Parcel No. 56 as 1508 Federal street, for Parcel No. 57 as 1512-1518 Federal street, for Parcel No. 58 as 1522 Federal street, for Parcel No. 59 as 1513-1517 Federal street, for Parcel No. 60 as 1521-1523 Federal street, for Parcel No. 64 as 1610 Latona street, for Parcel No. 65 as 1613 Latona street, for Parcel No. 66 as 1617 Latona street, for Parcel No. 67 as 1627 Latona street and for Parcel No. 68 as 1634 Latona street; and authorizing the Redevelopment Authority to execute the redevelopment contract with The Commons at Point Breeze, L.P. and to take such action as may be necessary to effectuate the redevelopment contract and disposition supplement, accompanied by an explanatory letter from the Executive Director of the Redevelopment Authority.