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BillENACTED

Bill 110632

Authorizing the Philadelphia Authority for Industrial Development ("PAID") to purchase a certain tract of land with the improvements thereon situate at 9470 Ashton Road, 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, all under certain terms and conditions.

Introduced Sep 22, 2011Committee on Public Property and Public WorksOfficial record: City of Philadelphia via Legistar

Introduced by

Councilmember Krajewski

From the floor

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

  1. “We will now consider Bill No. 110632.”

    Council President Verna · Stated Meeting, November 3, 2011 · Nov 3, 2011 · official transcript, this passage

  2. “The Committee on Public Property and Public Works, to which was referred Bill No. 110632, entitled "An ordinance authorizing the Philadelphia Authority for Industrial Development to purchase a certain tract of land with the improvements thereon situate at 9470 Ashton Road"; and Bill No. 110650, entitled "An ordinance authorizing the Commissioner of Public Property, on behalf of the City, to acquire the beds of certai…”

    Chief Clerk · Stated Meeting, October 27, 2011 · Oct 27, 2011 · official transcript, this passage

Status timeline

  1. Sep 22, 2011Introduced and Referred · CITY COUNCIL
  2. Oct 26, 2011HEARING NOTICES SENT · Committee on Public Property and Public Works
  3. Oct 26, 2011HEARING HELD · Committee on Public Property and Public Works
  4. Oct 26, 2011REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Public Property and Public Works
  5. Oct 27, 2011ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
  6. Oct 27, 2011SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
  7. Oct 27, 2011ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR · CITY COUNCIL
  8. Nov 3, 2011READ AND PASSED · CITY COUNCIL
  9. Nov 14, 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 a certain tract of land with the improvements thereon situate at 9470 Ashton Road, 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, all under certain terms and conditions. ..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 consideration not to exceed Two Hundred and Fifty Thousand Dollars ($250,000.00), 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, entered into by the City pursuant to Bill No. 1048 (approved April 25, 1974), as amended by Bill No. 040034 (approved March 11, 2004), an approximately two acre property at 9470 Ashton Road. SECTION 2. The City Solicitor is hereby authorized to review and to approve, prior to execution, all agreements and documents necessary to effectuate the transaction authorized by this Ordinance, and to impose such terms and conditions on them as the City Solicitor may deem necessary and proper to protect the interests of the City of Philadelphia and to effectuate 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