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File #: 090330    Version: 0 Name:
Type: Bill Status: ENACTED
File created: 4/23/2009 In control: Committee on Parks, Recreation and Cultural Affairs
On agenda: Final action: 6/11/2009
Title: Authorizing the President of the Fairmount Park Commission and the Executive Director of Fairmount Park, on behalf of the City, to enter into a Master Lease providing for the lease by the City to the Philadelphia Authority for Industrial Development of a portion of the west corner of Arch Street, 16th Street and Benjamin Franklin Parkway, and under which PAID will be required to enter into an agreement pursuant to which PAID will sublease the property to The Philadelphia Holocaust Remembrance Foundation, Inc., for the development, construction and operation of an educational facility and memorial park to foster remembrance and understanding of the Holocaust, all under certain provisions.
Sponsors: Councilmember Clarke, Councilmember Greenlee, Councilmember Reynolds Brown
Indexes: PAID
Attachments: 1. Exhibits (090330).pdf, 2. CertifiedCopy09033000.pdf
Title
Authorizing the President of the Fairmount Park Commission and the Executive Director of Fairmount Park, on behalf of the City, to enter into a Master Lease providing for the lease by the City to the Philadelphia Authority for Industrial Development of a portion of the west corner of Arch Street, 16th Street and Benjamin Franklin Parkway, and under which PAID will be required to enter into an agreement pursuant to which PAID will sublease the property to The Philadelphia Holocaust Remembrance Foundation, Inc., for the development, construction and operation of an educational facility and memorial park to foster remembrance and understanding of the Holocaust, all under certain provisions.
Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1. The Council of the City of Philadelphia finds the following:

A. The Philadelphia Holocaust Remembrance Foundation, Inc. (the "Foundation") desires to construct a new Holocaust remembrance and educational facility and to develop a Holocaust Memorial Park on two parcels of land (the "Premises") at the west corner of Arch Street, 16th Street, and Benjamin Franklin Parkway.

B. The unique use of the Premises by the Foundation to construct and operate a Holocaust remembrance education facility and to develop a Holocaust Memorial Park will enhance park facilities and benefit park users, and will enhance and improve the Benjamin Franklin Parkway, which is part of Fairmount Park.

SECTION 2. The President of the Fairmount Park Commission and the Executive Director of Fairmount Park, on behalf of the City, are authorized to enter into a Master Lease (the "Master Lease") with the Philadelphia Authority for Industrial Development ("PAID"), which provides for the City to lease the Premises and improvements on the Premises to PAID, and under which PAID is authorized and directed to enter into a Sublease Agreement (the "Sublease") with the Foundation. The Premises are...

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