City of Philadelphia - File #: 010334

• File #: 010334
• Version: 1
• Type: Bill
• Status: ENACTED
• File created: 5/10/2001
• In control: Committee of the Whole
• Final action: 6/7/2001
• Title: Authorizing the Commissioner of Public Property and the Director of Commerce, on behalf of The City of Philadelphia (the "City"), to enter into a Ground Lease Agreement (the "Phillies Ground Lease") with the Philadelphia Authority for Industrial Development ("PAID") providing for the leasing by the City to PAID of certain parcels of land owned by the City, and further providing for the subleasing of said lands from PAID to The Phillies, a Pennsylvania limited partnership or its successor as holder of the Major League Baseball franchise for the City or a controlled affiliate thereof (the "Phillies"); authorizing the Director of Finance and other officials of the City to take all actions necessary to accomplish the intent and purpose of this Ordinance and the Phillies Ground Lease; and authorizing approval of all of the terms of the aforementioned Phillies Ground Lease and other documents and amendments related thereto by the Director of Finance and the City Solicitor.
• Sponsors: Council President Verna, Councilmember Blackwell
• Indexes: PAID, PHILLIES

Date	Ver.	Action By	Action	Result	Tally
8/2/2001	1	MAYOR	SIGNED
6/7/2001	1	CITY COUNCIL	READ
6/7/2001	1	CITY COUNCIL	PASSED	Pass	17:0
5/31/2001	1	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
5/31/2001	1	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL	Pass
5/31/2001	1	CITY COUNCIL	ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR
5/30/2001	0	Committee of the Whole	HEARING NOTICES SENT
5/30/2001	0	Committee of the Whole	HEARING HELD
5/30/2001	1	Committee of the Whole	AMENDED
5/30/2001	0	Committee of the Whole	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
5/10/2001	0	CITY COUNCIL	Referred
5/10/2001	0	CITY COUNCIL	Introduced	Pass

Title
Authorizing the Commissioner of Public Property and the Director of Commerce, on behalf of The City of Philadelphia (the "City"), to enter into a Ground Lease Agreement (the "Phillies Ground Lease") with the Philadelphia Authority for Industrial Development ("PAID") providing for the leasing by the City to PAID of certain parcels of land owned by the City, and further providing for the subleasing of said lands from PAID to The Phillies, a Pennsylvania limited partnership or its successor as holder of the Major League Baseball franchise for the City or a controlled affiliate thereof (the "Phillies"); authorizing the Director of Finance and other officials of the City to take all actions necessary to accomplish the intent and purpose of this Ordinance and the Phillies Ground Lease; and authorizing approval of all of the terms of the aforementioned Phillies Ground Lease and other documents and amendments related thereto by the Director of Finance and the City Solicitor.
Body
WHEREAS, The City of Philadelphia ("City") has determined that the health, safety, and general welfare and economic development, stability and prosperity of the people of the City and the Commonwealth of Pennsylvania (the "Commonwealth") are directly dependent upon the continued encouragement, promotion, attraction, development, stimulation, growth and expansion of business, commerce and tourism within the boundaries of the City; and

WHEREAS, the City has determined that the attraction and retention of major league professional sports franchises encourages, fosters and stimulates the greater health, safety and general welfare, and the economic development and prosperity of the people of the City and the Commonwealth, keeps the City and the Commonwealth competitive and viable in the attraction, retention and further growth of the City's tourism, convention and other businesses, provides recreational, educational, cultural, entertainment and other opportunities for the people of the ...