Official:Authorizing the Commissioner of Public Property on behalf of the City of Philadelphia to execute and deliver to the Philadelphia Authority for Industrial Development, for nominal consideration, a deed conveying fee simple title to a certain tract of City-owned land with the buildings and improvements thereon located at 2501-2515 South Street, Philadelphia, Pennsylvania, for further conveyance at fair market value.
Sponsor: Council President Verna
Introduced: September 21, 2006
Signed: November 15, 2007
: Committee on Public Property and Public Works
Status: Signed into Law, step 4 of 4
The City of Philadelphia transfers ownership of a property at 2501-2515 South Street to the Philadelphia Authority for Industrial Development in exchange for fair market value. The Commissioner of Public Property is authorized to execute the deed.
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