Official:Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to convey the City's interest in certain tracts of land with the buildings and improvements thereon known as 1043-47 North Front Street, located on the east side of North Front Street, to the Philadelphia Authority for Industrial Development for nominal consideration, for further conveyance at fair market value.
Sponsor: Councilmember DiCicco
Introduced: May 24, 2007
Signed: June 14, 2007
: Committee on Public Property and Public Works
Status: Signed into Law, step 4 of 4
The City is selling its interest in three properties on North Front Street to the Philadelphia Authority for Industrial Development (PAID) for a low price, with plans to sell them at fair market value later.
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