Official:Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to convey to the Philadelphia Authority for Industrial Development, all or part of a parcel of land located in the area bounded by Buttonwood Street, North 10th Street, Hamilton Street, Ridge Avenue, and North 11th Street, for further conveyance, under certain terms and conditions.
Sponsor: Councilmember Squilla
Introduced: April 21, 2016
Signed: June 16, 2016
: Committee on Public Property and Public Works
Status: Signed into Law, step 4 of 4
This bill allows the City of Philadelphia to transfer a parcel of land in the area bounded by Buttonwood Street, North 10th Street, Hamilton Street, Ridge Avenue, and North 11th Street to the Philadelphia Authority for Industrial Development (PAID). The transfer is conditional on PAID requiring an Economic Opportunity Plan. The City Solicitor will impose terms and conditions necessary to protect the city's interests.
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