Official:Authorizing the Philadelphia Authority for Industrial Development, notwithstanding any contrary requirements of the Philadelphia Industrial and Commercial Development Agreement between the City, the Philadelphia Industrial Development Corporation and PAID, to convey fee simple title to a certain property located in the vicinity of Sixty-first Street and Eastwick Avenue to the Philadelphia Regional Port Authority, for a total consideration of One Hundred Fifty Thousand Dollars ($150,000.00), under certain terms and conditions.
Sponsor: Council President Verna
Introduced: September 18, 2008
Signed: October 30, 2008
: Committee on Public Property and Public Works
Status: Signed into Law, step 4 of 4
This bill authorizes the Philadelphia Authority for Industrial Development (PAID) to sell a city-owned property at 61st Street and Eastwick Avenue to the Philadelphia Regional Port Authority for $150,000.
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