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BillENACTED

Bill 140485

Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to accept title to certain real property owned by the School District of Philadelphia and to convey the same to the Philadelphia Authority for Industrial Development, for further conveyance, under certain terms and conditions.

Introduced May 22, 2014Committee on Public Property and Public WorksOfficial record: City of Philadelphia via Legistar

Introduced by

Council President ClarkeCouncilmember Henon

From the floor

Passages in the official transcripts that cite this file number. Every quote links to its exact place in the record.

  1. “140440, entitled "An ordinance authorizing the Commissioner of Public Property to acquire title from the Philadelphia Redevelopment Authority to a certain tract of land at the southeast corner of North 16th and Seybert Streets, known as 1312 North 16th Street and 1314 North 16th Street"; and Bill No. 140481, entitled "An the Commissioner of Public Property to convey, to the Philadelphia Authority for Industrial Devel…”

    Chief Clerk · Stated Meeting, June 12, 2014 · Jun 12, 2014 · official transcript, this passage

  2. “140440, entitled "An ordinance authorizing the Commissioner of Public Property to acquire title from the Philadelphia Redevelopment Authority to a certain tract of land at the southeast corner of North 16th and Seybert Streets, known as 1312 North 16th Street and 1314 North 16th Street"; and Bill No. 140481, entitled "An ordinance authorizing the Commissioner of Public Property to convey, to the Philadelphia Authorit…”

    Chief Clerk · Stated Meeting, June 5, 2014 · Jun 5, 2014 · official transcript, this passage

Status timeline

  1. May 22, 2014Introduced and Referred · CITY COUNCIL
  2. Jun 4, 2014HEARING NOTICES SENT · Committee on Public Property and Public Works
  3. Jun 4, 2014HEARING HELD · Committee on Public Property and Public Works
  4. Jun 4, 2014REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Public Property and Public Works
  5. Jun 5, 2014ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
  6. Jun 5, 2014SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
  7. Jun 5, 2014ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR · CITY COUNCIL
  8. Jun 12, 2014READ AND PASSED · CITY COUNCIL
  9. Sep 10, 2014SIGNED · MAYOR

Official documents

Documents open on the City of Philadelphia’s legislative site.

Full text

Read the full text as published

..Title Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to accept title to certain real property owned by the School District of Philadelphia and to convey the same to the Philadelphia Authority for Industrial Development, for further conveyance, under certain terms and conditions. ..Body THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. The Commissioner of Public Property on behalf of the City of Philadelphia is hereby authorized to accept title to certain real property owned by the School District of Philadelphia, as more particularly described in Exhibit "A" (hereinafter, the "Properties"), and to convey the same to the Philadelphia Authority for Industrial Development (PAID), for further conveyance as authorized by City Council. SECTION 2. The City Solicitor is hereby authorized to review and approve all instruments and documents necessary to effectuate this Ordinance, which instruments and documents shall contain such terms and conditions as the City Solicitor shall deem necessary and proper to protect the interests of the City and to carry out the purposes of this Ordinance. SECTION 3. The first THIRTY FIVE MILLION DOLLARS ($35,000,000) in net proceeds from the sale of the Properties shall be deposited in the City's General Fund. Thereafter, the PAID shall re-convey to the School District of Philadelphia, the Properties which have not sold or, at the request of the School District, continue marketing unsold Properties and deposit the sale-proceeds with the School District. Exhibit "A" ..End