City of Philadelphia - File #: 140491

• File #: 140491
• Version: 0
• Type: Bill
• Status: ENACTED
• File created: 5/22/2014
• In control: Committee on Public Property and Public Works
• Final action: 6/12/2014
• Title: Authorizing the Director of Commerce and the Commissioner of Public Property to lease to the Philadelphia Redevelopment Authority, for sublease to the Delaware River Waterfront Corporation, for further sublease, property along the Delaware River including Piers 27 North through 35 North and certain adjacent property to the south; and to lease associated riverbed rights from the Commonwealth of Pennsylvania and sublease those rights to the Philadelphia Redevelopment Authority for sublease to the Delaware River Waterfront Corporation for further sublease; and to make certain corrective and technical amendments, and other amendments to existing agreements, leases and subleases; and authorizing the Philadelphia Redevelopment Authority to make corresponding agreements and amendments; all on certain terms and conditions.
• Sponsors: Councilmember Squilla
• Indexes: AGREEMENTS, DELAWARE RIVER WATERFRONT CORPORATION, REDEVELOPMENT AUTHORITY

Date	Ver.	Action By	Action	Result	Tally
6/19/2014	0	MAYOR	SIGNED
6/12/2014	0	CITY COUNCIL	READ AND PASSED	Pass	16:0
6/5/2014	0	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL	Pass
6/5/2014	0	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
6/5/2014	0	CITY COUNCIL	ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR
6/4/2014	0	Committee on Public Property and Public Works	HEARING NOTICES SENT
6/4/2014	0	Committee on Public Property and Public Works	HEARING HELD
6/4/2014	0	Committee on Public Property and Public Works	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
5/22/2014	0	CITY COUNCIL	Introduced and Referred	Pass

Title
Authorizing the Director of Commerce and the Commissioner of Public Property to lease to the Philadelphia Redevelopment Authority, for sublease to the Delaware River Waterfront Corporation, for further sublease, property along the Delaware River including Piers 27 North through 35 North and certain adjacent property to the south; and to lease associated riverbed rights from the Commonwealth of Pennsylvania and sublease those rights to the Philadelphia Redevelopment Authority for sublease to the Delaware River Waterfront Corporation for further sublease; and to make certain corrective and technical amendments, and other amendments to existing agreements, leases and subleases; and authorizing the Philadelphia Redevelopment Authority to make corresponding agreements and amendments; all on certain terms and conditions.

Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1. The Director of Commerce and the Commissioner of Public Property, on behalf of the City of Philadelphia (the "City"), are hereby authorized to:

A. Lease to the Philadelphia Redevelopment Authority (the "Authority"), for sublease to the Delaware River Waterfront Corporation ("DRWC"), for further sublease, real estate along the Delaware River, including Piers 27 North through 35 North, and certain adjacent property to the south, which is shown on the plan attached hereto as Exhibit "A" and described by metes and bounds on Exhibit "B" hereto (collectively, the "Premises"); and

B. Lease from the Commonwealth of Pennsylvania riverbed rights beneath the Premises, and sublease such rights to the Authority, for further sublease to DRWC, for further sublease; and

C. Make corrective amendments to existing agreements, leases and subleases for the Premises to correct legal descriptions; all such corrective amendments to be effective as of the original effective date of the agreements, leases and subleases so amended; and

D. Further amend such existing agreements,...