Resolution 110165

..Title 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 South Central Urban Renewal Area, designated as Parcel No. 311 and also sometimes identified by house number and street address as 814 South Twelfth street; and authorizing the Redevelopment Authority to execute the redevelopment contract with Webster Investments, LLC and to take such action as may be necessary to effectuate the redevelopment contract and disposition supplement. ..Body WHEREAS, The Redevelopment Authority of the City of Philadelphia (hereafter "Redevelopment Authority") has prepared and submitted an urban renewal plan and a redevelopment proposal for the redevelopment of the South Central Urban Renewal Area, (hereinafter "South Central"), which said plan and proposal were approved by Ordinance of the Council on December 14, 1971, as amended; and WHEREAS, The Redevelopment Authority has prepared a disposition supplement providing, inter alia, for development controls and regulations imposed upon the redeveloper; and WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of South Central, designated as Parcel No. 311 and also sometimes identified by house number and street address as 814 South Twelfth street (the "Property"). The area of said Property is bounded as follows: Parcel No. 311 (814 South Twelfth street). ALL THAT CERTAIN lot or piece of ground situate in the Second Ward of the City of Philadelphia beginning at a point on the westerly side of Twelfth street (fifty feet wide) at the distance of seventy two feet north from the northerly side of Christian street (sixty six feet wide); Thence extending in a westerly direction the distance of thirty five feet six inches to a point on the east side of a certain two feet six inches wide alley that extends northward into Webster street (twenty one feet wide); Thence extending in a northerly direction along the east side of said two feet six inches wide alley the distance of fourteen feet to a point; Thence extending in an easterly direction the distance of thirty five feet six inches to a point on the said westerly side of Twelfth street; Thence extending in a southerly direction along the said westerly side of Twelfth street, the distance of fourteen feet to the first mentioned point and place of beginning The said redevelopment contract is in substantial conformity with the amended urban renewal plan and the amended redevelopment proposal approved by the Council; and WHEREAS, Webster Investments LLC desires to enter into the said redevelopment contract for the Property. RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA, That the redevelopment contract and disposition supplement submitted by the Redevelopment Authority for the redevelopment of that portion of South Central, as hereinabove more particularly described, is hereby approved. City Council authorizes the Redevelopment Authority to proceed with minor changes in substantial conformity with the hereby approved redevelopment contract and disposition supplement. The Redevelopment Authority is authorized to execute the hereby approved redevelopment contract with Webster Investments, LLC (hereinafter "Redeveloper"). The Redevelopment Authority and the Redeveloper are authorized to take such action in substantial conformity to the redevelopment contract as may be necessary to carry it out. RESOLVED, The Redevelopment Authority and the Redeveloper are authorized to prepare or cause to be prepared for introduction into the Council such ordinances or resolutions as may be necessary for changes in zoning, streets, alleys, public ways, street patterns, location and relocation of public utilities, and related items which are required in order to facilitate and effectuate the redevelopment contract and disposition supplement hereby approved. Accordingly, the Council hereby declares that it will cooperate in helping to carry out the redevelopment contract and requests the various officials, departments, boards and agencies of the City having administrative responsibilities in the premises likewise to cooperate to such end and to exercise their respective functions and powers in a manner consistent with the redevelopment contract and disposition supplement. ..End