Official:Authorizing the Philadelphia Authority for Industrial Development to convey fee simple title to all or a portion of property known as 5501 Tacony Street, for less than fair market value, under certain terms and conditions.
Sponsor: Council President Johnson
Introduced: May 14, 2026
Signed: June 11, 2026
: Committee on Public Property and Public Works
Status: Signed into Law, step 4 of 4
This bill allows the Philadelphia Authority for Industrial Development (PAID) to sell a portion of property at 5501 Tacony Street for less than its fair market value.
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