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File #: 180177    Version: 0 Name:
Type: Bill Status: ENACTED
File created: 3/1/2018 In control: Committee on Public Property and Public Works
On agenda: Final action: 5/10/2018
Title: Authorizing the Commissioner of Public Property, on behalf of the City, to enter into a lease agreement with Roxborough Development Corporation, for use by the Corporation of all or a portion of the premises located at 463-65 Leverington Avenue, under certain terms and conditions.
Sponsors: Councilmember Jones
Indexes: AGREEMENTS
Attachments: 1. CertifiedCopy18017700.pdf
Date Ver.Action ByActionResultTallyAction DetailsVideo
5/22/20180 MAYOR SIGNED   Action details Not available
5/10/20180 CITY COUNCIL READ AND PASSEDPass17:0 Action details Not available
5/3/20180 CITY COUNCIL ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR   Action details Not available
5/3/20180 CITY COUNCIL SUSPEND THE RULES OF THE COUNCILPass  Action details Not available
5/3/20180 CITY COUNCIL READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR   Action details Not available
4/30/20180 Committee on Public Property and Public Works HEARING NOTICES SENT   Action details Not available
4/30/20180 Committee on Public Property and Public Works HEARING HELD   Action details Not available
4/30/20180 Committee on Public Property and Public Works REPORTED FAVORABLY, RULE SUSPENSION REQUESTED   Action details Not available
3/1/20180 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 Roxborough Development Corporation, for use by the Corporation of all or a portion of the premises located at 463-65 Leverington 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 Roxborough Development Corporation, with City as landlord, for use by the Corporation of all or a portion of the premises located at 463-65 Leverington 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 463-65 Leverington Avenue, Philadelphia, PA

1. Landlord: The City of Philadelphia

2. Tenant: Roxborough Development Corporation

3. Premises Address: 463-65 Leverington Avenue, Philadelphia, PA

4. Use of the Premises: Approximately 44,020 square feet, to be used for a public parking lot.
5. Term of Lease: 15 years; provided, however, the City (in accordance with Section 8-200(3) of the Philadelphia Charter) shall have right to terminate the City's financial obligation for paying storm water charges under 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 ...

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