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 815 Spring Garden Street, generally 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 Clarke
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 Commissioner of Public Property to transfer a City-owned lot at 815 Spring Garden Street to the Philadelphia Authority for Industrial Development (PAID) without charge. The property is subject to terms and conditions outlined in the Philadelphia Industrial and Commercial Development Agreement.
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