Resolution 110682

..Title Approving the redevelopment contract of the Redevelopment Authority of the City of Philadelphia for the redevelopment and urban renewal of a portion of the 45th & Sansom Urban Renewal Area, designated as Parcel No. 11 and also sometimes identified by house number and street address as 122 South Forty-sixth street; authorizing the Redevelopment Authority to execute the redevelopment contract with Kfir Binnfeld and to take such action as may be necessary to effectuate the redevelopment contract. ..Body WHEREAS, The Redevelopment Authority of the City of Philadelphia (hereinafter "Redevelopment Authority") has prepared and submitted an urban renewal plan and a redevelopment proposal for the redevelopment of the 45th & Sansom Urban Renewal Area (hereinafter "45th & Sansom"), which said plan and proposal were approved by Ordinance of the Council on December 19, 2002 as amended; and WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of 45th & Sansom, designated as Parcel No. 11 and also sometimes identified by house number and street address as 122 South Forty-sixth street (hereinafter "Parcel No. 11"). The area of Parcel No. 11 is bounded as follows: Parcel No. 11 (122 South Forty-sixth street). ALL THAT CERTAIN lot or piece of ground situated in the Sixtieth Ward of the City of Philadelphia beginning at a point on the westerly side of Forty-sixth street (sixty feet wide) at the distance of forty feet northward from the north side of Sansom street (fifty feet wide); Containing in front or breadth on the said Forty-sixth street twenty feet and extending of that width in length or depth westward between parallel lines at right angles to the said Forty-sixth street ninety seven feet to the east side of a certain three feet wide alley extending southward into the said Sansom street and northward to a point communicating with a certain other three feet wide alley extending westward into Markoe street (sixty feet wide). The said redevelopment contract is in substantial conformity with the urban renewal plan and the redevelopment proposal approved by the Council; and WHEREAS, Kfir Binnfeld desires to enter into the said redevelopment contract for Parcel No. 11. RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA, That the redevelopment contract submitted by the Redevelopment Authority of the City of Philadelphia (hereinafter "Redevelopment Authority") for the redevelopment of that portion of 45th & Sansom, 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. The Redevelopment Authority is authorized to execute the hereby approved redevelopment contract with Kfir Binnfeld (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 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. ..End