Resolution 210609

..Title Approving the redevelopment contract of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the Sarah Allen Urban Renewal Area, identified by house number and street address as 864-874 North Preston street and 871-873 Budd street; and authorizing the Redevelopment Authority to execute the redevelopment contract with Belmont Alliance Civic Association, Community Development Corporation 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 Sarah Allen Urban Renewal Area (hereinafter "Sarah Allen"), which said plan and proposal were approved by Ordinance of the Council on June 23, 1998; and WHEREAS, The Redevelopment Authority has prepared a redevelopment contract for a portion of Sarah Allen, identified by house number and street address as 864-874 North Preston street and 871-873 Budd street (the "Property"). The area of the Property is bounded as follows: 864-874 North Preston street and 871-873 Budd street. All that certain lot or parcel of land, situate in the Sixth Ward of the City of Philadelphia, more particularly bounded and described as follows to wit: beginning at a point on the westerly side of North Preston street (fifty feet wide) measured north six degrees, nineteen minutes, twenty-nine seconds west, a distance of one hundred seven and eight hundred eleven thousandths feet from the intersection of the northerly side of Ogden street (fifty feet wide) with the westerly side of North Preston street and running; Thence south eighty-three degrees, forty minutes, thirty-one seconds west, a distance of seventy and four tenths feet to a point; Thence south six degrees, nineteen minutes, twenty-nine seconds east, a distance of forty-three and nine hundred twenty-three thousandths feet to a point; Thence south eighty-three degrees, forty minutes, thirty-one seconds west, a distance of forty-nine and six tenths feet to a point on the easterly side of North Budd street (twenty-one feet wide), Thence along the easterly side of North Budd street, north six degrees, nineteen minutes, twenty-nine seconds west, a distance of one hundred seventy-six and one hundred twelve thousandths feet to a point; Thence north eighty-three degrees, forty minutes, thirty-one seconds east, a distance of one hundred twenty feet to a point on the westerly side of North Preston street; Thence along the westerly side of North Preston street, south six degrees, nineteen minutes, twenty-nine seconds east, a distance of one hundred thirty-two and one hundred eighty-nine thousandths feet to the point and place of beginning. The said redevelopment contract is in substantial conformity with the urban renewal plan and the redevelopment proposal approved by Council; and WHEREAS, Belmont Alliance Civic Association, Community Development Corporation desires to enter into said redevelopment contract for the Property. 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 Sarah Allen 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 Belmont Alliance Civic Association, Community Development Corporation (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 C:\Users\Michael A Decker\Documents\WINWORD\2 COVID Operation Files\E-Mailed for Introduction\Gauthier - Res 4 - Belmont Alliance Civic Association CDC.doc -1