Official:Authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Authority for Industrial Development a deed for nominal consideration conveying fee simple title to certain properties situate in an area bounded by Arch Street to the north, Walnut Street to the south, 34th Street to the west and 32nd Street to the east in the City of Philadelphia, with the buildings and improvements thereon, if any, for further conveyance at fair market value.
Sponsor: Councilmember Blackwell
Introduced: May 24, 2007
: Committee on Public Property and Public Works
Status: Lapsed
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.
This bill allows the City to transfer ownership of several city-owned properties in a specific area (Arch Street to Walnut Street and 32nd to 34th Streets) to the Philadelphia Authority for Industrial Development. The city will keep nominal consideration (essentially, little or no money), but can sell these properties later at fair market value. Proceeds from the sale go into the City's General Fund.
AI-written. Every figure is checked against the bill text.
This bill does the following: * Authorizes the Commissioner of Public Property to transfer ownership of several city-owned properties to the Philadelphia Authority for Industrial Development. * Specifies the properties to be transferred, which are located in an area bounded by Arch Street to the north, Walnut Street to the south, 34th Street to the west, and 32nd Street to the east in the City of Philadelphia. * Allows the city to keep nominal consideration (essentially, little or no money) for the transfer, but authorizes the city to sell the properties at fair market value and deposit the proceeds into the City's General Fund.
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