Resolution 170172

..Title Authorizing the Philadelphia Land Bank to dispose of certain properties located in the Fifth Councilmanic District in accordance with the terms of Chapter 16-700 of The Philadelphia Code. ..Body WHEREAS, Section 16-707 of The Philadelphia Code authorizes the Philadelphia Land Bank ("Land Bank") to convey, exchange, sell, transfer, lease, grant or mortgage interests in real property of the Land Bank, subject to approval of the Vacant Property Review Committee and resolution by City Council, and subject further to certain stated terms and conditions; and WHEREAS, The Vacant Property Review Committee at its public meeting held on February 14, 2017 approved the transfer of the properties identified in attached Exhibit "A" pursuant to Chapter 16-700 of The Philadelphia Code; now, therefore, be it RESOLVED, BY THE COUNCIL OF THE CITY OF PHILADELPHIA, AS FOLLOWS SECTION 1. The Philadelphia Land Bank is hereby authorized to transfer title to properties identified in attached Exhibit "A" pursuant to Chapter 16-700 of The Philadelphia Code and Act 153 of 2012, 68 Pa. C.S.A. § 2101, et seq. EXHIBIT "A" 138 W. Thompson Street ..End 2