Official:Authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development, for nominal consideration, a deed conveying fee simple title to certain tracts of City-owned land with buildings and improvements thereon, known as 214-32 Diamond Street located on the south side of Diamond Street in the City of Philadelphia, for further conveyance at less than fair market value.
Sponsor: Councilmember Savage
Introduced: April 26, 2007
Signed: June 14, 2007
: Committee on Public Property and Public Works
Status: Signed into Law, step 4 of 4
This bill allows the City to sell a small piece of land on Diamond Street to the Philadelphia Authority for Industrial Development at a price lower than market value.
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