Official:Authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development ("PAID"), without consideration, a deed conveying fee simple title to a certain tract of City-owned land with the buildings and improvements thereon, situate at 500, 502, 504, 506, 508 and 510 West Montgomery avenue, under and subject to the terms and conditions of the Philadelphia Industrial and Commercial Development Agreement between the City, the PAID, and the Philadelphia Industrial Development Corporation.
Sponsor: Councilmember Mariano
Introduced: November 16, 2000
Signed: March 29, 2001
: Committee on Public Property and Public Works
Status: Signed into Law, step 4 of 4
This bill authorizes the Commissioner of Public Property to transfer ownership of six city-owned parcels of land with buildings on West Montgomery Avenue to the Philadelphia Authority for Industrial Development (PAID) without payment.
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