Communication 120543

Transmitting a resolution approving the redevelopment contract and disposition supplement of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the Brewerytown Urban Renewal Area, identified by house numbers and street addresses as 3007-3009 Cabot street, 3013 Cabot street, 3011 West Stiles street, 3013 West Stiles street, 3014 West Stiles street and 3019 West Stiles street; authorizing the Redevelopment Authority to execute the redevelopment contract with MMB Stiles-Cabot, LLC and to take such action as may be necessary to effectuate the redevelopment contract and disposition supplement, accompanied by an explanatory letter from the Director of the Redevelopment Authority.