Locallow impact · 3/10substantive050377

City Unveils Plan to Sell Dickinson Street Landholdings to Authority for Development and Economic Boost

Official:Authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development a deed conveying, for nominal consideration, fee simple title to certain tracts of City-owned land located at 230-234 Dickinson Street, with the improvements thereon, for further conveyance at fair market value.

Sponsor: Councilmember DiCicco

Introduced: May 5, 2005

: Committee on Public Property and Public Works

city owned land economic development housing

No one voted on this bill

This bill was introduced in the 2004–2007 Council term and when that term ran out. The public record shows no committee vote and no floor vote at any stage, so no member of Council ever went on record for or against it.

That is not unusual here. Of the 8,465 bills introduced between 2000 and 2025, 1,624 lapsed without a single recorded vote. Ninety percent of bills that became law carry a roll call. Three percent of lapsed bills do. How this works.

Plain-Language Summary

This bill allows the City of Philadelphia to sell some city-owned land at a low price (nominal consideration) to the Philadelphia Authority for Industrial Development. The authority can then sell the land at fair market value and return the net proceeds to the city's General Fund.

What This Bill Does

AI-written. Every figure is checked against the bill text.

The Commissioner of Public Property is authorized to convey fee simple title to certain tracts of City-owned land located at 230-234 Dickinson Street, including improvements, to the Philadelphia Authority for Industrial Development.
The conveyance is for nominal consideration, meaning the Authority will pay a very small amount of money, likely close to zero.
The Philadelphia Authority for Industrial Development is authorized to convey the land at fair market value, meaning at a price that is determined by the market to be the current value of the property.
The net proceeds from the sale of the land by the Philadelphia Authority for Industrial Development must be returned to the City's General Fund.