Communication 120999

Transmitting a resolution approving the redevelopment contract of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the Cecil B. Moore Avenue Urban Renewal Area, identified by house number and street address as 1504 North Carlisle street; authorizing the Redevelopment Authority to execute the redevelopment contract with Temple Nests IV LP and to take such action as may be necessary to effectuate the redevelopment contract, accompanied by an explanatory letter from the Executive Director of the Redevelopment Authority.