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File #: 170513    Version: 0 Name:
Type: Bill Status: ENACTED
File created: 5/18/2017 In control: Committee on Public Property and Public Works
On agenda: Final action: 6/22/2017
Title: Authorizing the Commissioner of Public Property, on behalf of the City, to enter into a lease agreement with Grays Ferry Partners, LP, by its agent Korman Commercial Properties for use by the City of all or a portion of the premises located at 3009 Grays Ferry Avenue, under certain terms and conditions.
Sponsors: Councilmember Johnson
Indexes: AGREEMENTS
Attachments: 1. CertifiedCopy17051300.pdf
Date Ver.Action ByActionResultTallyAction DetailsVideo
6/27/20170 MAYOR SIGNED   Action details Not available
6/22/20170 CITY COUNCIL READ AND PASSEDPass17:0 Action details Not available
6/15/20170 CITY COUNCIL ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR   Action details Not available
6/15/20170 CITY COUNCIL SUSPEND THE RULES OF THE COUNCILPass  Action details Not available
6/15/20170 CITY COUNCIL READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR   Action details Not available
6/14/20170 Committee on Public Property and Public Works HEARING NOTICES SENT   Action details Not available
6/14/20170 Committee on Public Property and Public Works HEARING HELD   Action details Not available
6/14/20170 Committee on Public Property and Public Works REPORTED FAVORABLY, RULE SUSPENSION REQUESTED   Action details Not available
5/18/20170 CITY COUNCIL Introduced and ReferredPass  Action details Not available
Title
Authorizing the Commissioner of Public Property, on behalf of the City, to enter into a lease agreement with Grays Ferry Partners, LP, by its agent Korman Commercial Properties for use by the City of all or a portion of the premises located at 3009 Grays Ferry Avenue, 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 agreement with Grays Ferry Partners, LP, by its agent Korman Commercial Properties with City as tenant, for use by the City, of all or a portion of the premises located at 3009 Grays Ferry Avenue, Philadelphia, Pennsylvania, pursuant to terms substantially set forth in the document attached hereto as Exhibit "A".

SECTION 2. The City Solicitor is hereby authorized to review and to approve the lease and other documents necessary to effectuate this Ordinance, which lease and documents shall contain such terms and conditions as the City Solicitor shall deem necessary and proper to protect the interests of the City of Philadelphia and to carry out the purpose of this Ordinance.


EXHIBIT "A"

Terms of Proposed Lease
For 3009 Grays Ferry Avenue, Philadelphia, PA


1. Landlord: Grays Ferry Partners, LP, by its agent Korman Commercial Properties

2. Tenant: The City of Philadelphia

3. Premises Address: 3009 Grays Ferry Avenue, Philadelphia, PA

4. Use of the Premises: Approximately 8,000 square feet, to be used as a government office open to the public.

5. Term of Lease: 5 years; provided, however, the City shall have a right to terminate the Lease at the City's sole option, at any time after the expiration of four years without liability to the Landlord for damage or loss of profits which would have been realized had the Lease not been terminated.

6. Renewal Terms: Tenant shall have two (2) five (5) year renewal options.

7. Rent: ...

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