Section 8. Conveyance.
(a) Authorization.--The Department of General Services, with the approval of the Department of Public Welfare and the Governor, is hereby authorized and directed on behalf of the Commonwealth of Pennsylvania to sell and convey to the 900 North Broad Corporation, a Pennsylvania corporation, the following tract of land situate in the City and County of Philadelphia and the Commonwealth of Pennsylvania, for such consideration as an independent appraisal obtained through the Department of General Services shall determine:
All that certain lot or piece of ground with the buildings and improvements thereon erected described according to a survey and plan thereof made by William K. Carlile, Esq., Survey and Regulator of the 7th District, on January 20, 1916, as follows:
Situate on the west side on Broad Street, as widened to 113 feet, and the north side of Poplar Street, as widened to 60 feet, in the 47th Ward of the City of Philadelphia.
Containing in front or breadth on Broad Street 65 feet and extending that width in length or depth westward along Poplar Street 160 feet to a 40-foot-wide street called Carlisle Street.
(b) Responsibility for costs.--Reasonable costs and fees related to the transfer shall be borne by the grantee.
(c) Restrictive covenant.--The deed of conveyance shall contain a restrictive use clause which prohibits the grantee or any successor in title from using the property conveyed as a homeless shelter and which provides for the property to divert to the Commonwealth upon failure of the grantee or any successor entitled to comply with the restrictive use clause.
Compiler's Note: The Department of Public Welfare, referred to in this section, was redesignated as the Department of Human Services by Act 132 of 2014.