Resolution 140294

..Title Approving the redevelopment contract of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the American Street Industrial Corridor Urban Renewal Area, identified by house number and street address as 1702 North Third street; and authorizing the Redevelopment Authority to execute the redevelopment contract with Osvaldo DeJesus and to take such action as may be necessary to effectuate the redevelopment contract. ..Body WHEREAS, The Philadelphia Redevelopment Authority (hereinafter "Redevelopment Authority") has prepared and submitted an urban renewal plan and a redevelopment proposal for the redevelopment of the American Street Industrial Corridor Urban Renewal Area (hereinafter "American Street"), which said plan and proposal were approved by Ordinance of the Council on June 13, 2002, as amended; and WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of American Street, identified by house number and street address as 1702 North Third street (the "Property"). The area of the Property is bounded as follows: 1702 North Third street. All that certain lot or piece of ground situate in the Eighteenth Ward of the City of Philadelphia beginning at a point on the westerly side of Third street (fifty feet wide), said point being located eighteen feet northward from the intersection of the said side of Third street and the northerly side of Columbia avenue (fifty feet wide); Containing in front or breadth on the said Third street, seventeen feet and extending of that width westward between parallel lines, perpendicular to the said Third street, one hundred two and five tenths feet to the easterly line of Orianna street (thirty feet wide). The said redevelopment contract is in substantial conformity with the amended urban renewal plan and the amended redevelopment proposal approved by Council; and WHEREAS, Osvaldo DeJesus desires to enter into the said redevelopment contract for the Property. RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA, That the redevelopment contract submitted by the Philadelphia Redevelopment Authority (hereinafter "Redevelopment Authority") for the redevelopment of that portion of the American Street Industrial Corridor Urban Renewal Area, 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 Osvaldo DeJesus (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