header-left
Share to Facebook Share to Twitter Bookmark and Share
File #: 140885    Version: 0 Name:
Type: Bill Status: ENACTED
File created: 11/13/2014 In control: Committee on Public Property and Public Works
On agenda: Final action: 12/11/2014
Title: Authorizing the Commissioner of Public Property on behalf of the City of Philadelphia to enter into a lease with the Philadelphia Authority for Industrial Development for the lease of a certain parcel of City-owned land on the South side of Baltimore Avenue between 39th and 41st Streets, for further sublease, all under certain terms and conditions.
Sponsors: Councilmember Blackwell
Indexes: PAID
Attachments: 1. 140885 Exhibit Set, As Introduced.pdf, 2. CertifiedCopy14088500.pdf
Date Ver.Action ByActionResultTallyAction DetailsVideo
12/19/20140 MAYOR SIGNED   Action details Not available
12/11/20140 CITY COUNCIL READ AND PASSEDPass17:0 Action details Not available
12/4/20140 CITY COUNCIL ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR   Action details Not available
12/4/20140 CITY COUNCIL SUSPEND THE RULES OF THE COUNCILPass  Action details Not available
12/4/20140 CITY COUNCIL READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR   Action details Not available
12/1/20140 Committee on Public Property and Public Works HEARING NOTICES SENT   Action details Not available
12/1/20140 Committee on Public Property and Public Works HEARING HELD   Action details Not available
12/1/20140 Committee on Public Property and Public Works REPORTED FAVORABLY, RULE SUSPENSION REQUESTED   Action details Not available
11/13/20140 CITY COUNCIL Introduced and ReferredPass  Action details Not available
Title
Authorizing the Commissioner of Public Property on behalf of the City of Philadelphia to enter into a lease with the Philadelphia Authority for Industrial Development for the lease of a certain parcel of City-owned land on the South side of Baltimore Avenue between 39th and 41st Streets, for further sublease, all under certain terms and conditions.
 
Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
 
      SECTION 1.      The Commissioner of Public Property, on behalf of the City of Philadelphia, is hereby authorized to enter into a lease with the Philadelphia Authority for Industrial Development, for a certain parcel of City-owned land located on the south side of Baltimore Avenue between 39th and 41st Streets, as shown on Exhibit “A” attached, for further sublease.
      
      SECTION 2.       The Sublease shall include the terms outlined on Exhibit “B” attached, and require an Economic Opportunity Plan.
 
      SECTION 3.      The City Solicitor is hereby authorized to review and approve the lease, sublease and all other instruments and documents necessary to effectuate this Ordinance, which instruments and documents shall contain such terms and conditions as the City Solicitor shall deem necessary and proper to protect the interests of the City and to carry out the purposes of this Ordinance.
 
      SECTION 4.      Net proceeds from the lease of this property shall be deposited in the City's General Fund.
 
 
End