Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Private Sale/Redevelopment Purpose: To authorize the execution of a Redevelopment Agreement with Brandywine Acquisition and Development, LLC, as the designated redeveloper of the Evidence Storage Facility as part of a public-private partnership entered into under the Local Redevelopment and Housing Law. Entity Name: Brandywine Acquisition and Development, LLC Entity Address: 2 Ponds Edge Drive, Chadds Ford, Pennsylvania 19317 Sale Amount: $264,100.00 Cost Basis: ( ) PSF (X) Negotiated ( ) N/A ( ) Other: Assessed Amount: $667,900.00 Appraised Amount: $0.00 Contract Period: Project Schedule attached as Exhibit D Contract Basis: ( ) Bid ( ) State Vendor ( ) Prof. Ser. ( ) EUS ( ) Fair & Open ( ) No Reportable Contributions ( ) RFP ( ) RFQ (X) Private Sale ( ) Grant ( ) Sub-recipient ( ) n/a List of Property: (Address/Block/Lot/Ward) 775 Bergen Street/Block 2711/Lot 1/South Ward 777 Bergen Street/Block 2711/Lot 2/South Ward 779-781 Bergen Street/ Block 2711/Lots 3 and 4/South Ward 783 Bergen Street/Block 2711/Lot 6/South Ward 785 Bergen Street/Block 2711/Lot 7/South Ward 787-791 Bergen Street/Block 2711/Lot 8/South Ward 793 Bergen Street/Block 2711/Lot 11/South Ward 178 W. Runyon Street/Block 2711/Lot 53/South Ward 174-176 W. Runyon Street/Block 2711/Lot 54/South Ward 172 W. Runyon Street/Block 2711/Lot 56/South Ward Additional Information: