Resolution 170641

..Title Approving the redevelopment contract of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the Model Cities Urban Renewal Area, identified by house numbers and street addresses as 1029-1031 Mount Vernon street, 1026 Lemon street and 1028 Lemon street; and authorizing the Redevelopment Authority to execute the redevelopment contract with Yung King Lau 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 Model Cities Urban Renewal Area (hereinafter "Model Cities"), which said plan and proposal were approved by Ordinance of the Council on December 15, 1969, as amended; and WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of Model Cities, identified by house numbers and street addresses as 1029-1031 Mount Vernon street, 1026 Lemon street and 1028 Lemon street (collectively the "Properties"). The area of the Properties is bounded as follows: 1029-1031 Mount Vernon street. BEGINNING at the intersection of the northerly side of Mount Vernon street and the centerline of a two foot six inch wide alley being eighty-four feet zero inches, more or less, east of the easterly side of Eleventh street (fifty feet wide); Thence extending in a northerly direction along the centerline of said two foot six inch wide alley, fifty-two feet seven inches, more or less, to a point; Thence extending in an easterly direction along a line of property now or late of the City of Philadelphia, sixteen feet zero inches, more or less, to a point; Thence extending in a northerly direction along a line of property now or late of Leon Kafin, nine feet five and one-eighth inches, more or less, to a point; Thence extending in an easterly direction along another line of said Kafin property, eighteen feet zero inches, more or less, to a point; Thence extending in a southerly direction along another line of said Kafin property, sixty-one feet seven and one-quarter inches, more or less, to a point on the northerly side of Mount Vernon street; Thence extending in a westerly direction along the northerly side of Mount Vernon street, thirty-four feet zero inches, more or less, to the place of beginning. 1026 Lemon street. BEGINNING at a point on the southerly side of Lemon street (twenty feet wide), one hundred eighteen feet one-quarter inches, more or less, east of the easterly side of Eleventh street; Thence extending in an easterly direction along the southerly side of Lemon street, eighteen feet zero inches, more or less, to a point; Thence extending in a southerly direction forty-two feet, more or less, to a point; Thence extending in a westerly direction eighteen feet zero inches, more or less, to a point, Thence extending in a northerly direction forty-two feet zero inches, more or less, to the place of beginning. 1028 Lemon street. BEGINNING at a point on the southerly side of Lemon street, one hundred feet zero inches, more or less east of the easterly side of Eleventh street; Thence extending in an easterly direction along the southerly side of Lemon street, eighteen feet zero inches, more or less, to a point; Thence extending in a southerly direction along a line of property now or late of D. Leonard Poseenfeldt, forty-five feet six inches, more or less, to a point; Thence extending in a westerly direction along another line of said Poseenfeldt property, eighteen feet zero inches, more or less, to a point; Thence extending in a northerly direction along another line of said Poseenfeldt property, forty-five feet six inches, more or less, to the place of beginning. The said redevelopment contract is in substantial conformity with the amended urban renewal plan and the amended redevelopment proposal approved by Council; and WHEREAS, Yung King Lau desires to enter into the said redevelopment contract for the Properties. 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 Model Cities 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 Yung King Lau (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