Bill 070438

..Title Authorizing the Commissioner of Public Property on behalf of the City of Philadelphia to execute and deliver to the Philadelphia Authority for Industrial Development, for nominal consideration, a deed conveying fee simple title to certain parcels of land, with the buildings and improvements thereon, located on the southwest side of East Tioga Street between North Delaware Avenue and I-95, for further conveyance at fair market value, all under certain terms and conditions. ..Body THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: Section 1. The Commissioner of Public Property on behalf of the City of Philadelphia is hereby authorized to execute and deliver to the Philadelphia Authority for Industrial Development, for nominal consideration, a deed conveying fee simple title to certain parcels of land, with the buildings and improvements thereon, located on the southwest side of East Tioga Street between North Delaware Avenue and I-95, generally described as follows, for further conveyance at fair market value: Parcel 1 ALL THAT CERTAIN lot or piece of ground, with the buildings and improvements thereon erected, situate in the 45th Ward of the City of Philadelphia and described according to a survey and plan thereof made by John H. Robinson, Esquire, Surveyor and Regulator of the 6th District dated the 3rd day of October 1951, as follows, to wit: BEGINNING at a point on the Northwesterly side of Casper Street (50 feet wide) at the distance of 187 feet 5 inches Southwestwardly from the southwesterly side of Tioga Street (60 feet wide). CONTAINING in front or breadth on the said side of Casper Street 57 feet and extending of that width in length or depth Northwestwardly between parallel lines at right angles to Casper Street 350 feet 3 3/8 inches. CONTAINING in area 19.968 square feet or 0.4584 acres. BEING known as 3430 Casper Street. Parcel 2 ALL THAT CERTAIN lot or piece of ground with the buildings and improvements thereon erected. SITUATE in the 45th Ward of the City of Philadelphia and described according to a plan thereof made by John H. Robinson, Surveyor and Regulator of the 6th Survey District, dated May 10, 1950, easement dimensions added thereto July 14, 1950, as follows, to wit: BEGINNING at a point formed by the intersection of the Southwesterly side of Tioga Street (60 feet wide) with the Northwesterly side of Casper Street (50 feet wide); thence extending along the Northwesterly side of said Casper Street, South 57 degrees, 35 minutes, 34 seconds West 187 feet 5 inches to a point; thence extending North 32 degrees, 24 minutes, 26 seconds West 350 feet 3 3/8 inches to a point; thence extending North 57 degrees, 35 minutes, 34 seconds East 1 foot 8 1/2 inches to a point; thence extending North 32 degrees, 28 minutes, 46 seconds West 149 feet 8 5/8 inches to a point on the Southeasterly side of Balfour Street (50 feet wide, now stricken from the City Plan); thence extending along the Southeasterly side of Balfour Street, as aforesaid, North 57 degrees, 35 minutes, 34 seconds East 74 feet 1/4 of an inch to a point; thence extending South 32 degrees 34 minutes, 26 seconds East passing along the Northeasterly face of a brick wall 52 feet 4 3/8 inches to a point; thence extending North 57 degrees, 35 minutes, 34 seconds East passing along the Northwesterly face of a brick wall 19 feet 11 3/8 inches to a point; thence extending South 32 degrees, 28 minutes, 46 seconds East passing along the Southwesterly face of a brick wall 47 feet 8 1/2 inches to a point; thence extending South 58 degrees, 4 minutes, 54 seconds West passing along the Southeasterly face of a brick wall 20 feet 1/8 of an inch to a point; thence extending South 32 degrees, 24 minutes, 26 seconds East passing along the Northeasterly face of a brick wall 97 feet 8 1/8 inches to a point; thence extending North 57 degrees, 31 minutes, 14 seconds East passing along the Northwesterly face of a brick wall 72 feet 1 1/2 inches to a point; thence extending North 32 degrees, 24 minutes, 26 seconds West passing along the Southwesterly face of a brick wall 12 feet 9 3/4 inches to a point; thence extending North 57 degrees, 45 minutes, 4 seconds East passing through the center of a party wall 39 feet 9 inches to a point on the Southwesterly side of the aforesaid Tioga Street; thence extending along the Southwesterly side of the said Tioga Street, South 32 degrees, 24 minutes, 26 seconds East 315 feet 2 1/2 inches to the first mentioned point and place of beginning. CONTAINING in area 72,827.34 square feet or 1.672 acres. BEING known as 3020 East Tioga Street. Section 2. The City Solicitor is hereby authorized to review and approve all instruments and documents necessary to effectuate this Ordinance, which instruments and documents shall contain such terms and conditions as the City Solicitor shall deem necessary and proper to protect the interests of the City. Section 3. Net proceeds from the sale of this property shall be deposited in the City's General Fund. ..End