City of Philadelphia - File #: 000084

• File #: 000084
• Version: 0
• Type: Bill
• Status: LAPSED
• File created: 2/17/2000
• In control: Committee of the Whole
• Title: Authorizing the Mayor, on behalf of the City of Philadelphia, to enter into Agreements with the Philadelphia Authority for Industrial Development ("PAID") providing for lease from PAID to the City of a football practice facility to be developed at Broad street and Pattison avenue and for leaseback of the said practice facility from the City to PAID, all under certain terms and conditions.
• Sponsors: Councilmember Nutter, Councilmember Kenney, Councilmember Cohen, Councilmember Ortiz, Councilmember Reynolds Brown
• Indexes: EAGLES, PAID, 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3/8/2000	0	Committee of the Whole	WITHDRAWN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 Agreements with the Philadelphia Authority for Industrial Development ("PAID") providing for lease from PAID to the City of a football practice facility to be developed at Broad street and Pattison avenue and for leaseback of the said practice facility from the City to PAID, 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"), for the purpose of agreeing upon a proposal for the financing, development and leasing of a new football stadium, which proposal will be presented to City Council for consideration this year; and

WHEREAS, the Lease, dated as of February 21, 1966, as amended, between the City and the Eagles with respect to Veterans Stadium contains provisions granting the Eagles space within Veterans Stadium for the Eagles' business headquarters, principal business and administrative offices and operations and requiring the City to provide a natural grass practice field for the Eagles' use for in-season practice and training sessions; and

WHEREAS, The City and PAID desire to induce the Eagles to continue to operate the Eagles' business headquarters, principal business and administrative offices and operations, in-season training and practice sessions in the City of Philadelphia as a use functionally related and accessory to a stadium in the City, thereby enabling the City to realize significant tax revenues through such continued activities in the City, and otherwise promoting commercial and economic development in the City and providing for the general public good and benefit; and

WHEREAS, PAID and the Eagles have negotiated the terms of an agreement for development of a new Eagles football practice...