City of Philadelphia - File #: 000079

• File #: 000079
• Version: 0
• Type: Bill
• Status: LAPSED
• File created: 2/17/2000
• In control: Committee of the Whole
• Final action: 3/9/2000
• Title: Authorizing the Mayor, on behalf of the City of Philadelphia, to enter into Amendments to the City's Lease Agreements with the Philadelphia Eagles Limited Partnership, a Delaware limited partnership, and with The Phillies, a Pennsylvania limited partnership, co-tenants at City's Veterans Stadium, to provide for certain capital repairs, restorations and replacements to be made to Veterans Stadium, all under certain terms and conditions.
• Sponsors: Councilmember Kenney, Councilmember Nutter, Councilmember Reynolds Brown, Councilmember Ortiz, Councilmember Cohen, Councilmember Goode
• Indexes: EAGLES, PHILLIES, STADIUMS

Date	Ver.	Action By	Action	Result	Tally
3/8/2000	0	Committee of the Whole	HEARING NOTICES SENT
3/8/2000	0	Committee of the Whole	WITHDRAWN
3/7/2000	0	Committee of the Whole	HEARING NOTICES SENT
3/7/2000	0	Committee of the Whole	RECESSED
3/3/2000	0	Committee of the Whole	RECESSED
3/1/2000	0	Committee of the Whole	RECESSED
2/17/2000	0	CITY COUNCIL	Introduced	Pass
2/17/2000	0	CITY COUNCIL	Referred

Title
Authorizing the Mayor, on behalf of the City of Philadelphia, to enter into Amendments to the City's Lease Agreements with the Philadelphia Eagles Limited Partnership, a Delaware limited partnership, and with The Phillies, a Pennsylvania limited partnership, co-tenants at City's Veterans Stadium, to provide for certain capital repairs, restorations and replacements to be made to Veterans Stadium, all under certain terms and conditions.
Body
WHEREAS, The City and the Philadelphia Authority for Industrial Development ("PAID") are currently engaged in negotiations with the Philadelphia Eagles Limited Partnership, a limited partnership organized and existing under the laws of the State of Delaware (the "Eagles"), and with The Phillies, a Pennsylvania limited partnership ("The Phillies"), currently co-tenants at City's Veterans Stadium, for the purpose of agreeing upon proposals for the financing, development and leasing of a new football stadium and a new baseball ballpark, which proposals will be presented to City Council for consideration this year; and

WHEREAS, The particular circumstances of the Eagles require them to have new football stadium development ordinances enacted by City Council and approved by the Mayor by November 3, 2000; and

WHEREAS, In the event that the City is unable to enact and approve new football stadium and new baseball ballpark financing, development and leasing ordinances by November 3, 2000, various capital repairs, restorations and replacements will have to be made to Veterans Stadium if the Eagles and The Phillies are to continue to play their home games at Veterans Stadium; and

WHEREAS, The City and the Eagles and The Phillies desire to immediately enter into appropriate amendments to the Veterans Stadium leases to insure that the agreed upon capital repairs, restorations and replacements to Veterans Stadium, to be carried out within an agreed upon time frame, can promptly begin in the event that certain contingenc...