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 a certain tract of City-owned land located in the vicinity of 3061 Island Avenue, with the buildings and improvements thereon, for further conveyance at fair market value.
Sponsor: Council President Verna
Introduced: May 26, 2005
: Committee on Public Property and Public Works
Status: Signed into Law, step 4 of 4
The City Council authorized the Commissioner of Public Property to transfer a small tract of city-owned land near 3061 Island Avenue to the Philadelphia Authority for Industrial Development (PAID) for further development and sale at fair market value.
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