Communication 120611

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 Model Cities Urban Renewal Area, identified by house numbers and street addresses as 1800 North Sixteenth street, 1804-1808 North Sixteenth street, 1812 North Sixteenth street and 1820 North Sixteenth street; authorizing the Redevelopment Authority to execute the redevelopment contract with 1800 16th Street, 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 Executive Director of the Philadelphia Redevelopment Authority.