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BillENACTED

Bill 170397

Authorizing the Philadelphia Authority for Industrial Development (PAID) to purchase two properties situate at 1620 South 49th Street and 4900 Grays Avenue, under and subject to the terms and conditions of the Philadelphia Industrial and Commercial Development Agreement between the City, PAID, and the Philadelphia Industrial Development Corporation (PIDC), under certain terms and conditions.

Introduced Apr 27, 2017Committee on Public Property and Public WorksOfficial record: City of Philadelphia via Legistar

Introduced by

Councilmember Blackwell

From the floor

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

  1. “…for use by the City of all or a portion of the premises located at 1514 Cecil B. Moore Avenue"; and Bill No. 170397, entitled "An ordinance authorizing the Philadelphia Authority for Industrial Development to purchase two properties situate at 1620 South 49th Street and 4900 Grays Avenue"; and Bill No. 170437, entitled "An ordinance authorizing the Commissioner of Public Property to convey to the Philadelphia Authori…”

    Chief Clerk · Stated Meeting, June 22, 2017 · Jun 22, 2017 · official transcript, this passage

  2. “…for use by the City of all or a portion of the premises located at 1514 Cecil B. Moore Avenue"; and Bill No. 170397, entitled "An ordinance authorizing the Philadelphia Authority for Industrial Development to Stated Meeting June 15, 2017 at 1620 South 49th Street and 4900 Grays Ferry Avenue"; and Bill No. 170437, entitled "An ordinance authorizing the Commissioner of Public Property to convey to the Philadelphia Auth…”

    Chief Clerk · Stated Meeting, June 15, 2017 · Jun 15, 2017 · official transcript, this passage

Status timeline

  1. Apr 27, 2017
    Introduced and Referred · CITY COUNCIL

    Recorded result: Pass

    A motion was made by Councilmember Blackwell that this matter be Introduced and Referred to the Committee on Public Property and Public Works. The motion carried unanimously.

  2. Jun 14, 2017
    HEARING NOTICES SENT · Committee on Public Property and Public Works
  3. Jun 14, 2017
    HEARING HELD · Committee on Public Property and Public Works
  4. Jun 14, 2017
    REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Public Property and Public Works
  5. Jun 15, 2017
    ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
  6. Jun 15, 2017
    SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL

    Recorded result: Pass

    A motion was made by Councilmember Henon that this matter be SUSPEND THE RULES OF THE COUNCIL. The motion carried unanimously.

  7. Jun 15, 2017
    READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR · CITY COUNCIL
  8. Jun 22, 2017
    READ AND PASSED · CITY COUNCIL

    Recorded result: Pass

    A motion was made that this matter be READ AND PASSED. The motion carried by the following vote:

  9. Jul 11, 2017
    SIGNED · MAYOR

Official documents

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

Full text

Read the full text as published

..Title Authorizing the Philadelphia Authority for Industrial Development (PAID) to purchase two properties situate at 1620 South 49th Street and 4900 Grays Avenue, under and subject to the terms and conditions of the Philadelphia Industrial and Commercial Development Agreement between the City, PAID, and the Philadelphia Industrial Development Corporation (PIDC), under certain terms and conditions. ..Body THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. The Philadelphia Authority for Industrial Development (PAID), is hereby authorized to purchase for a consideration not to exceed Seven Million Dollars ($7,000,000), not including settlement and other incidental costs, and subject to the terms and conditions of the Philadelphia Industrial and Commercial Development Agreement among the City, PAID, and the Philadelphia Industrial Development Corporation (PIDC) approximately ten acres of real estate situate at 1620 South 49th Street and 4900 Grays Avenue, as identified in the attached Exhibit "A." SECTION 2. The City Solicitor is hereby authorized to review and to approve, prior to execution, 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 interest of the City and to carry out the purposes of the Philadelphia Industrial and Commercial Development Agreement and this Ordinance. SECTION 3. The Industrial and Commercial Development Revolving Fund shall be charged for the purchase price of the property and incidental expenses, including settlement costs. ..End 2