Dept/ Agency: Economic and Housing Development Action: ( ) Ratifying (X) Authorizing ( ) Amending Type of Service: Redevelopment Agreement Purpose: Authorizing execution of a Redevelopment Agreement with Brandywine Acquisition & Development, LLC, as the designated redeveloper of the Peddler’s Square site and adjoining properties within the Broad Street Station District Redevelopment Plan Area Entity Name: Brandywine Acquisition and Development, LLC Entity Address: 2 Ponds Edge Drive, Post Office Box 500, Chadds Ford, Pennsylvania 19317 Contract Amount: $7,450,000.00 Development Agreement Term: City Contribution to Development Project: ( ) Grant or Loan ( ) Guarantee (X ) None ( ) Other:( ) Developer Investment: :( ) Developer Third-Party Financing 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) 183-219 Orange Street/Block 2860/Lot 3 and Block 2861/Lot 10 and Block 2859/ Lots 28 and 64 Central Ward 221-247 Orange Street/Block 2861/Lot 34/Central Ward 249 Orange Street/Block 2861/Lot 37/Central Ward 63-69 Nesbitt Street/Block 2861/Lot 38/Central Ward 71-79 Nesbitt Street/Block 2861/Lot 45/Central Ward 180-248 Orange Street/Block 2854/Lot 1/ Central Ward 132-138 James Street/Block 2833.01/Lot 2/ Central Ward 145-152 James Street/Block 2833.02/Lot 1/ Central Ward 158-176 James Street/Block 2833.03/Lot 2/Central Ward Additional Information: