Approving the Ratification and Fourth Amendment to Redevelopment Agreement of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the University City Unit 5 Urban Renewal Area, identified as Parcel No. 14; and authorizing the Redevelopment Authority to execute the Ratification and Fourth Amendment to Redevelopment Agreement with The Trustees of the University of Pennsylvania and to take such action as may be necessary to effectuate the Ratification and Fourth Amendment to Redevelopment Agreement.

Authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Redevelopment Authority deeds conveying fee simple title to 723 N Shedwick Street, 713 N 35th Street, 3408 Mantua Avenue, 3410 Mantua Avenue and 3518 Wallace Street in the Third Councilmanic District of the City of Philadelphia and further authorizing the Philadelphia Redevelopment Authority to transfer to the Philadelphia Land Bank fee simple title to such properties pursuant to Section 16-405 of The Philadelphia Code.