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File #: 210079    Version: 0 Name:
Type: Bill Status: ENACTED
File created: 2/4/2021 In control: Committee on Public Property and Public Works
On agenda: Final action: 4/8/2021
Title: Authorizing The Philadelphia Municipal Authority, and The Philadelphia Gas Works by Philadelphia Facilities Management Corporation (solely in its capacity as Operator and Manager of the City-owned Philadelphia Gas Works), to enter into certain transactions and contracts regarding the lease and license of portions of the premises located at 5000 Summerdale Avenue and 5501 Whitaker Avenue, Philadelphia, Pennsylvania for the use of The Philadelphia Gas Works, all under certain terms and conditions.
Sponsors: Council President Clarke, Councilmember Green
Indexes: PHILADELPHIA GAS WORKS, PROPERTY ACQUISITIONS
Attachments: 1. 210079 - Exhibit, As Introduced.pdf, 2. CertifiedCopy21007900.pdf
Title
Authorizing The Philadelphia Municipal Authority, and The Philadelphia Gas Works by Philadelphia Facilities Management Corporation (solely in its capacity as Operator and Manager of the City-owned Philadelphia Gas Works), to enter into certain transactions and contracts regarding the lease and license of portions of the premises located at 5000 Summerdale Avenue and 5501 Whitaker Avenue, Philadelphia, Pennsylvania for the use of The Philadelphia Gas Works, all under certain terms and conditions.

Body
WHEREAS, The Philadelphia Municipal Authority (the "Authority"), incorporated pursuant to the Municipal Authorities Act, 53 Pa. C.S. Ch. 56 (as amended from time to time, the "Act"), is authorized by Ordinance approved April 3, 2014 (Bill No. 140073), to undertake any project (as defined in the Act) that the Authority is specifically authorized to undertake from time to time by ordinance of the Philadelphia City Council ("City Council"); and

WHEREAS, The Philadelphia Gas Works ("PGW") has requested the Authority enter into a sublease agreement ("Sublease Agreement") whereby the Philadelphia Gas Works by Philadelphia Facilities Management Corporation ("PFMC") (solely in its capacity as operator and manager of the City-owned Philadelphia Gas Works, under and pursuant to an agreement with the City of Philadelphia dated December 29, 1972, as amended), will sublease and sublicense from PMA, a portion of certain premises located at 5000 Summerdale Avenue and 5501 Whitaker Avenue, which the Authority will first lease and license from the property owner and/or lessee of the foregoing properties, NP Philadelphia Summerdale Industrial, LLC, pursuant to a lease agreement; and

WHEREAS, Section VIII(3) of the Agreement dated December 29, 1972, as amended, between the City of Philadelphia and Philadelphia Facilities Management Corporation provides in part that leases of real estate by or for the Philadelphia Gas Works by PFMC shall be submitted to the Philadelphia Gas Co...

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