Communication 160992

Transmitting a resolution approving the ratification and first amendment to the redevelopment contract 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 1408-1424 North Thirty-first street, 1415-1437 North Thirty-first street, and 1421-1427 North Thirty-second street (including 3129-3145 West Master street); and authorizing the Redevelopment Authority to execute the ratification and first amendment to the redevelopment contract with Westrum BT2, L.P. 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 Philadelphia Redevelopment Authority.