Approving the Lease Amendment, Assignment and Assumption Agreement of the Philadelphia Redevelopment Authority for the redevelopment and urban renewal of a portion of the Center City Redevelopment Area, identified as a portion of 2025-29 Chestnut street, including floors four through seven and a portion of the first floor; and authorizing the Redevelopment Authority to execute the Lease Agreement, Assignment and Assumption Agreement with MF Mid City LLC and to take such action as may be necessary to effectuate the Lease Amendment, Assignment and Assumption Agreement.

Authorizing the Commissioner of Public Property to execute and deliver to the Philadelphia Redevelopment Authority deeds conveying fee simple title to 2903 Cecil B. Moore Avenue, 2907 Cecil B. Moore Avenue, 2925 Cecil B. Moore Avenue, and 1631 N. Bailey Street in the Fifth 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.