Approving the redevelopment proposal of the Redevelopment Authority of the City of Philadelphia for the redevelopment of the Frankford Creek Urban Renewal Area being the area generally bounded by Orthodox street on the north, Adams avenue on the east, Frankford avenue on the south, East Hunting Park avenue, "O" street, Cayuga street and Castor avenue on the west; approving the urban renewal plan and determining that such plan and redevelopment proposal conform to the general locality plan and make adequate provisions for individuals, business concerns and families who are displaced; determinin — Open Common Ground