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Authorizing the Director of the Free Library of Philadelphia and the Commissioner of Public Property, on behalf of the City of Philadelphia, to enter into a sublease with the Philadelphia Authority for Industrial Development (“PAID”), tenant under a master lease with the landlord, for space in the building located at 1500 Spring Garden Street, Philadelphia, to house the Library for the Blind and Physically Handicapped, under certain terms and conditions.
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THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1. The Director of the Free Library of Philadelphia and the Commissioner of Public Property, on behalf of the City of Philadelphia, are authorized by this Ordinance to enter into a sublease with the Philadelphia Authority for Industrial Development (“PAID”), tenant under a master lease with the landlord, for space in the building located at 1500 Spring Garden Street, Philadelphia, to house the Library for the Blind and Physically Handicapped.
SECTION 2. The sublease authorized by this Ordinance must comply substantially with the term sheet attached to this Ordinance as Exhibit A. The Chief Clerk shall make the attached term sheet available for the public to inspect during normal business hours.
SECTION 3. The City Solicitor is authorized by this Ordinance to review and to approve the sublease and all instruments and documents necessary to effectuate this Ordinance, and to make changes to those documents as the City Solicitor deems necessary or appropriate to protect the interests of the City, as are consistent with the attached sublease, and to carry out the purposes of this Ordinance.
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