Official:Authorizing the Philadelphia Authority for Industrial Development to purchase certain tracts of land situate at 1601 and 1603 South Forty-ninth street, for consideration not to exceed Fifty Thousand Dollars ($50,000), 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.
Sponsor: Councilmember Blackwell
Introduced: May 20, 2004
Signed: June 21, 2004
: Committee on Public Property and Public Works
Status: Signed into Law, step 4 of 4
This bill authorizes the Philadelphia Authority for Industrial Development (PAID) to purchase two tracts of land at 1601 and 1603 South Forty-ninth Street for up to $50,000 under a city-industry development agreement.
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