civus
BillENACTED

Bill 110369

Authorizing the Philadelphia Authority for Industrial Development (PAID) to purchase approximately twenty-eight acres of land situate on the west side of the Schuylkill River between 56th and 58th Streets, under and subject to the terms and conditions of the Philadelphia Industrial and Commercial Development Agreement among the City, PAID, and the Philadelphia Industrial Development Corporation.

Introduced May 12, 2011Committee on Public Property and Public WorksOfficial record: City of Philadelphia via Legistar

Introduced by

Council President VernaCouncilmember Tasco

From the floor

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

  1. “110446, entitled "An ordinance amending Chapter 19-1600 of The Philadelphia Code, entitled 'Water and Sewer Rents,' by revising the terms for and sewer charges"; and Bill No. 110447, entitled "An ordinance constituting the Eleventh Supplemental Ordinance to the General Gas Works Revenue Bond Ordinance of 1998; authorizing the City of Philadelphia to sell, either at public or private sale, Gas Works Revenue Bonds, Ten…”

    Chief Clerk · Stated Meeting, June 16, 2011 · Jun 16, 2011 · official transcript, this passage

  2. “The Committee on Public Property and Public Works, to which was referred Bill No. 110369, entitled "An ordinance authorizing the Philadelphia Authority for Industrial Development to purchase approximately twenty-eight acres of land situate on the west side of the Schuylkill River between 56th and 58th Streets, under and subject to the terms and conditions of the Philadelphia Industrial and Commercial Development Agre…”

    Chief Clerk · Stated Meeting, June 9, 2011 · Jun 9, 2011 · official transcript, this passage

  3. “Madam President, I move that the rules of Council be suspended this day as to permit first reading of Bill No. 110369. (Duly seconded.)”

    Councilman Clarke · Stated Meeting, June 9, 2011 · Jun 9, 2011 · official transcript, this passage

Status timeline

  1. May 12, 2011Introduced and Referred · CITY COUNCIL
  2. Jun 9, 2011HEARING NOTICES SENT · Committee on Public Property and Public Works
  3. Jun 9, 2011HEARING HELD · Committee on Public Property and Public Works
  4. Jun 9, 2011REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Public Property and Public Works
  5. Jun 9, 2011ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
  6. Jun 9, 2011SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
  7. Jun 9, 2011ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR · CITY COUNCIL
  8. Jun 16, 2011READ AND PASSED · CITY COUNCIL
  9. Jul 19, 2011SIGNED · MAYOR

Official documents

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

Full text

Read the full text as published

..Title Authorizing the Philadelphia Authority for Industrial Development (PAID) to purchase approximately twenty-eight acres of land situate on the west side of the Schuylkill River between 56th and 58th Streets, under and subject to the terms and conditions of the Philadelphia Industrial and Commercial Development Agreement among the City, PAID, and the Philadelphia Industrial Development Corporation. ..Body THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. The Philadelphia Authority for Industrial Development (PAID), is hereby authorized to purchase for a consideration not to exceed Three Million Five Hundred Thousand Dollars ($3,500,000), not including settlement and other incidental costs, and subject to the terms and conditions of the Philadelphia Industrial and Commercial Development Agreement among the City, PAID, and the Philadelphia Industrial Development Corporation, approximately twenty-eight acres of real estate on the west side of the Schuylkill River between 56th Street and 58th Street. SECTION 2. The City Solicitor is hereby authorized to review and to approve, prior to execution, 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. SECTION 3. The Industrial and Commercial Development Revolving Fund shall be charged for the purchase price of the property and incidental expenses, including settlement costs. ..End 2