City of Philadelphia - File #: 090443

• File #: 090443
• Version: 0
• Type: Bill
• Status: ENACTED
• File created: 5/21/2009
• In control: Committee on Parks, Recreation and Cultural Affairs
• Final action: 6/18/2009
• Title: Authorizing the Executive Director of Fairmount Park Commission, the Recreation Commissioner, the Public Property Commissioner, and the Director of Commerce to execute an amendment to the lease dated November 1, 1993, between the City and the Philadelphia Authority for Industrial Development ("PAID"), authorized by Bill Number 505 of 1993, and under which PAID entered into a sublease with the Fairmount Park Historic Preservation Trust, Inc. (the "Trust"), under which, in turn, from time to time, the Trust has entered into sub-subleases with third parties who have restored historic houses and other properties in Fairmount Park in exchange for long-term leases, under certain provisions.
• Sponsors: Councilmember Reynolds Brown
• Indexes: PAID

Date	Ver.	Action By	Action	Result	Tally
6/26/2009	0	MAYOR	SIGNED
6/18/2009	0	CITY COUNCIL	READ
6/18/2009	0	CITY COUNCIL	PASSED	Pass	16:0
6/4/2009	0	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
6/4/2009	0	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL	Pass
6/4/2009	0	CITY COUNCIL	ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR
6/1/2009	0	Committee on Parks, Recreation and Cultural Affairs	HEARING NOTICES SENT
6/1/2009	0	Committee on Parks, Recreation and Cultural Affairs	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
6/1/2009	0	Committee on Parks, Recreation and Cultural Affairs	HEARING HELD
5/21/2009	0	CITY COUNCIL	Referred
5/21/2009	0	CITY COUNCIL	Introduced	Pass

Title
Authorizing the Executive Director of Fairmount Park Commission, the Recreation Commissioner, the Public Property Commissioner, and the Director of Commerce to execute an amendment to the lease dated November 1, 1993, between the City and the Philadelphia Authority for Industrial Development ("PAID"), authorized by Bill Number 505 of 1993, and under which PAID entered into a sublease with the Fairmount Park Historic Preservation Trust, Inc. (the "Trust"), under which, in turn, from time to time, the Trust has entered into sub-subleases with third parties who have restored historic houses and other properties in Fairmount Park in exchange for long-term leases, under certain provisions.
Body
WHEREAS, Bill Number 505 of 1993, approved by the Mayor on June 8, 1993, authorized the Executive Director of Fairmount Park, the Recreation Commissioner, the Public Property Commissioner, and the Director of Commerce to enter into a lease dated November 1, 1993, with the Philadelphia Authority for Industrial Development ("PAID"), under which PAID entered into a sublease with the Fairmount Park Historic Preservation Trust, Inc. (the "Trust"), under which, in turn, from time to time, the Trust has entered into sub-subleases with third parties who have restored historic houses and other properties in Fairmount Park in exchange for long-term leases.

WHEREAS, as a consequence of Bill Number 505 and the lease it authorized and related agreements, the Trust has leased several properties in Fairmount Park to private, third parties who have repaired and restored the properties, saving the City significant sums of money and helping save the facilities themselves.

WHEREAS, the Council of the City of Philadelphia believes that the Trust's management and sub-subleasing of historic properties to date has provided significant benefits for those properties, Fairmount Park and the City of Philadelphia.

WHEREAS, the Council of the City of Philadelphia believes that exten...