City of Philadelphia - File #: 230832

• File #: 230832
• Version: 0
• Type: Bill
• Status: ENACTED
• File created: 11/16/2023
• In control: Committee on Public Property and Public Works
• Final action: 12/14/2023
• Title: Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to enter into a sublease agreement with the Philadelphia Municipal Authority, as sublandlord, for use by the City, as subtenant, of a portion of the premises located at 216 N. Broad Street, Philadelphia, Pennsylvania, all under certain terms and conditions.
• Sponsors: Council President Clarke, Councilmember Jones
• Indexes: PUBLIC PROPERTY

Date	Ver.	Action By	Action	Result	Tally
12/20/2023	0	MAYOR	SIGNED
12/14/2023	0	CITY COUNCIL	READ AND PASSED	Pass	15:0
12/7/2023	0	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL
12/7/2023	0	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
12/5/2023	0	Committee on Public Property and Public Works	HEARING NOTICES SENT
12/5/2023	0	Committee on Public Property and Public Works	HEARING HELD
12/5/2023	0	Committee on Public Property and Public Works	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
11/16/2023	0	CITY COUNCIL	Introduced and Referred

Title
Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to enter into a sublease agreement with the Philadelphia Municipal Authority, as sublandlord, for use by the City, as subtenant, of a portion of the premises located at 216 N. Broad Street, Philadelphia, Pennsylvania, all under certain terms and conditions.

Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1. The Commissioner of Public Property, on behalf of the City of Philadelphia, is hereby authorized to enter into a sublease agreement with the Philadelphia Municipal Authority, as sublandlord, for use by the City, as subtenant, of a portion of the premises located at 216 N. Broad Street, Philadelphia, Pennsylvania, pursuant to terms substantially set forth in the document attached hereto as Exhibit A.

SECTION 2. The City Solicitor is hereby authorized to review and to approve the sublease and other documents necessary to effectuate this Ordinance, which sublease and documents shall contain such terms and conditions as the City Solicitor shall deem necessary and proper to protect the interests of the City of Philadelphia and to carry out the purpose of this Ordinance.


EXHIBIT A

Terms of Proposed Sublease
for a portion of 216 North Broad Street, Philadelphia, PA


1. Landlord: IS BBFB, LLC

2. Tenant/Sublandlord: Philadelphia Municipal Authority

3. Subtenant: The City of Philadelphia

4. Premises Address: 216 N. Broad Street, Philadelphia, PA (the "Property"). The City will occupy the entirety of a building on the Property (the "Premises"), consisting of approximately 45,837 rentable square feet.

5. Use of the Premises: To be used for any lawful governmental purpose, which may be limited to use as a family shelter and/or for emergency response services and/or for government offices and/or for any other governmental use as agreed to by Landlord, Tenant/Sublandlord, and Subtenant.

6. Term of Lease: An initial term that incl...