Title
Declaring it desirable for the health, safety and welfare of the people in the area served by Philadelphia Health & Education Corporation, a nonprofit corporation organized under the laws of the Commonwealth of Pennsylvania which operates a graduate school of medicine under the authority of Drexel University and provides medical education under the name "Drexel University College of Medicine," and which operates facilities at its Center City Hahnemann campus and its Queen Lane campus in Philadelphia, Pennsylvania, for The Hospitals and Higher Education Facilities Authority of Philadelphia to undertake a project for Drexel University College of Medicine.
Body
WHEREAS, The Hospitals and Higher Education Facilities Authority of Philadelphia, a body politic and corporate, was duly incorporated February 19, 1974 pursuant to an Ordinance duly approved January 28, 1974, under the Municipality Authorities Act (the Act of June 19, 2001, P.L. 287, as amended (the "Act")); and
WHEREAS, The Act specifies inter alia, that the purpose of an authority shall be for "acquiring, holding, constructing, financing, improving, maintaining and operating, owning, leasing, either in the capacity of lessor or lessee, projects [including] . . . eligible educational institutions . . . "; and
WHEREAS, Philadelphia Health & Education Corporation, which operates a graduate school of medicine under the authority of Drexel University and provides medical education under the name "Drexel University College of Medicine" (the "University"), owns and operates an independent institution of higher education located in and chartered by the Commonwealth of Pennsylvania approved by the Pennsylvania Department of Education, which is operated not for profit and is not a theological seminary or school of theology or a sectarian or denominational institution; and
WHEREAS, the University constitutes an eligible educational institution within the meaning of the Act; and
WHEREAS, the Uni...
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