Title
Authorizing an agreement between the Philadelphia Redevelopment Authority (the "PRA") and the City for the PRA to act as the City's agent for the redevelopment of 400 N. Broad Street and 1501 N. Callowhill Street, under certain terms and conditions.
Body
WHEREAS, The Philadelphia Authority for Industrial Development ("PAID"), as tenant, intends to enter into a lease agreement with 400 North Broad Partners, L.P. to redevelop and lease 400 N. Broad Street and 1501 N. Callowhill Street (collectively, the "Properties"); and
WHEREAS, By Bill No. 170559-A, enacted June 22, 2017, Philadelphia City Council authorized the Commissioner of Public Property of the City, to enter into a sublease agreement with PAID to occupy the Properties; and
WHEREAS, The Properties are currently vacant and, pursuant to the terms and conditions of the proposed lease and sublease, will be redeveloped to include uses of the City Police Department, with various operation, administrative and accessory offices including, but not limited to, the City morgue and toxicology lab, City Fire Department offices, including the City Fire Command Center, and accessory parking (collectively, the "Project"); and
WHEREAS, The Project will enable the City to render municipal services to the citizens of the City related to the City's law enforcement and fire safety and prevention functions in a more efficient manner through the consolidation of multiple police and fire operations into one central location within the City; and
WHEREAS, Pursuant to § 6.1 of the Redevelopment Cooperation Law, Act of May 24, 1945, P.L. 982, § 6.1; added by the Act of January 19, 1968, P.L. (1967) 987, § 2; 35 P.S. § 1746.1, the City may designate and appoint the PRA its agent to perform any specified activity that the City is authorized by law to perform, so long as such activity is in furtherance of the public purposes specified in the Urban Redevelopment Law (the "URL"); and
WHEREAS, PRA and the...
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