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File #: 180108    Version: Name:
Type: Bill Status: ENACTED
File created: 2/15/2018 In control: Committee of the Whole
On agenda: Final action: 6/7/2018
Title: Authorizing the City of Philadelphia to enter into lease agreements with the Philadelphia Authority for Industrial Development under which the City would lease to PAID on a project-by-project basis certain land and facilities in the Fairmount Park system, recreation centers, playgrounds and branches in the Free Library of Philadelphia system, and which would permit PAID to sublease such Facilities on a project-by-project basis to other organizations in conformity with the Economic Development Financing Law, Act 1967-102 (P.L. 251), as amended, all under certain terms and conditions.
Sponsors: Council President Clarke, Councilmember Bass
Indexes: PAID, REBUILD PROJECT STATEMENT
Attachments: 1. 180108 - Exhibit Set, As Amended.pdf, 2. CertifiedCopy18010801.pdf
Date Ver.Action ByActionResultTallyAction DetailsVideo
6/20/20181 MAYOR SIGNED   Action details Not available
6/7/20181 CITY COUNCIL READ AND PASSEDPass16:1 Action details Not available
5/24/20181 CITY COUNCIL SUSPEND THE RULES OF THE COUNCILPass  Action details Not available
5/24/20181 CITY COUNCIL ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR   Action details Not available
5/24/20181 CITY COUNCIL READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR   Action details Not available
5/21/20180 Committee of the Whole HEARING NOTICES SENT   Action details Not available
5/21/20180 Committee of the Whole HEARING HELD   Action details Not available
5/21/20180 Committee of the Whole AMENDED   Action details Not available
5/21/20181 Committee of the Whole REPORTED FAVORABLY, RULE SUSPENSION REQUESTED   Action details Not available
5/3/20180 Committee of the Whole HEARING NOTICES SENT   Action details Not available
5/3/20180 Committee of the Whole HEARING HELD   Action details Not available
5/3/20180 Committee of the Whole RECESSED   Action details Not available
4/26/20180 Committee of the Whole HEARING NOTICES SENT   Action details Not available
4/26/20180 Committee of the Whole RECESSED   Action details Not available
4/12/20180 Committee of the Whole HEARING NOTICES SENT   Action details Not available
4/12/20180 Committee of the Whole RECESSED   Action details Not available
4/5/20180 Committee of the Whole HEARING NOTICES SENT   Action details Not available
4/5/20180 Committee of the Whole HEARING HELD   Action details Not available
4/5/20180 Committee of the Whole RECESSED   Action details Not available
3/22/20180 Committee of the Whole HEARING NOTICES SENT   Action details Not available
3/22/20180 Committee of the Whole HEARING HELD   Action details Not available
3/22/20180 Committee of the Whole RECESSED   Action details Not available
2/15/20180 CITY COUNCIL Introduced and Referred   Action details Not available
Title
Authorizing the City of Philadelphia to enter into lease agreements with the Philadelphia Authority for Industrial Development under which the City would lease to PAID on a project-by-project basis certain land and facilities in the Fairmount Park system, recreation centers, playgrounds and branches in the Free Library of Philadelphia system, and which would permit PAID to sublease such Facilities on a project-by-project basis to other organizations in conformity with the Economic Development Financing Law, Act 1967-102 (P.L. 251), as amended, all under certain terms and conditions.

Body
WHEREAS, The City of Philadelphia has authorized the issuance of certain bonds ("Rebuild Bonds") by the Philadelphia Authority for Industrial Development ("PAID") for improvements to certain land and facilities in the Fairmount Park system, recreations centers, playgrounds and branches in the Free Library of Philadelphia system (collectively, the "Facilities"), by ordinance, Bill No. 170206, signed into law on June 28, 2017;

WHEREAS, Bill No. 170206 established certain requirements, including submittal of a Project Statement, an annual line-item budget and an Economic Opportunity Plan for approval by Resolution, that must be met prior to conveying interests in City-owned real estate for purposes related to the Rebuild Bonds; and

WHEREAS, The requirements of Bill No. 170206 have been met; NOW THEREFORE,


THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1. This Commissioner of Public Property, the Commissioner of Parks and Recreation, and the Director of the Free Library of Philadelphia, on behalf of the City of Philadelphia, are authorized to enter into lease agreements ("Leases") with PAID, substantially in the form of Exhibit "A" attached to this ordinance, under which the City would lease to PAID on a project-by-project basis the Facilities as identified in Exhibit "B," and which would permit PAID to sublease some or all of the in...

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