City of Philadelphia - File #: 070468

• File #: 070468
• Version: 0
• Type: Bill
• Status: ENACTED
• File created: 5/24/2007
• In control: Committee on Public Property and Public Works
• Final action: 6/14/2007
• Title: Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to enter into an amendment to an existing sublease between the Philadelphia Municipal Authority and the City of Philadelphia for the City's use of certain office space located at Two Penn Center Plaza, under certain terms and conditions.
• Sponsors: Councilmember Clarke
• Indexes: PHILADELPHIA MUNICIPAL AUTHORITY

Date	Ver.	Action By	Action	Result	Tally
7/3/2007	0	MAYOR	SIGNED
6/14/2007	0	CITY COUNCIL	READ
6/14/2007	0	CITY COUNCIL	PASSED	Pass	17:0
6/7/2007	0	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
6/7/2007	0	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL	Pass
6/7/2007	0	CITY COUNCIL	ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR
6/4/2007	0	Committee on Public Property and Public Works	HEARING NOTICES SENT
6/4/2007	0	Committee on Public Property and Public Works	HEARING HELD
6/4/2007	0	Committee on Public Property and Public Works	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
5/24/2007	0	CITY COUNCIL	Referred
5/24/2007	0	CITY COUNCIL	Introduced	Pass

Title
Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to enter into an amendment to an existing sublease between the Philadelphia Municipal Authority and the City of Philadelphia for the City's use of certain office space located at Two Penn Center Plaza, under certain terms and conditions.
Body
WHEREAS, on July 7, 2003 the Philadelphia Municipal Authority entered into a ten year lease wherein it leased the entire 16th floor and a portion of the 17th floor in the building commonly known as Two Penn Center Plaza from Crown Two Penn Center Associates;

WHEREAS, pursuant to Bill No. 030353, the City entered into a ten year sublease wherein it subleased this same space from the Philadelphia Municipal Authority; and

WHEREAS, Council wishes to authorize an amendment to the sublease with the Philadelphia Municipal Authority to extend the term of the sublease for an additional ten year period and to expand the rentable area by approximately 4,846 square feet, making the new total rentable area approximately 31,489 square feet; now, therefore

THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1. The Commissioner of Public Property, on behalf of the City, is hereby authorized to enter into an amendment to modify certain terms of a sublease between the Philadelphia Municipal Authority and the City of Philadelphia for the City's use of certain office space located at Two Penn Center Plaza, under terms and conditions set forth in Exhibit "A" hereto, which shall extend the term of the sublease for an additional ten year period and expand the rentable area by approximately 4,846 square feet, making the new total rentable area approximately 31,489 square feet.

SECTION 2. The City Solicitor is hereby authorized to review and to approve all instruments and documents necessary to effectuate this Ordinance, which instruments and documents shall contain such terms and conditions as the City Solicitor shall de...