City of Philadelphia - File #: 230362

• File #: 230362
• Version: 0
• Type: Bill
• Status: ENACTED
• File created: 5/4/2023
• In control: Committee on Public Property and Public Works
• Final action: 6/22/2023
• Title: Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to enter into a lease agreement with BAM RBC I LLC, for use by the City of all or a portion of the premises located at 2807-2817 Southampton Road, under certain terms and conditions.
• Sponsors: Councilmember O'Neill
• Indexes: PUBLIC PROPERTY

Date	Ver.	Action By	Action	Result	Tally
7/12/2023	0	MAYOR	SIGNED
6/22/2023	0	CITY COUNCIL
6/15/2023	0	CITY COUNCIL
6/15/2023	0	CITY COUNCIL
6/15/2023	0	CITY COUNCIL
6/12/2023	0	Committee on Public Property and Public Works	HEARING NOTICES SENT
6/12/2023	0	Committee on Public Property and Public Works	HEARING HELD
6/12/2023	0	Committee on Public Property and Public Works	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
5/23/2023	0	Committee on Public Property and Public Works	HEARING NOTICES SENT
5/23/2023	0	Committee on Public Property and Public Works	Cancellation of Scheduled Public Hearing
5/4/2023	0	CITY COUNCIL

Title
Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to enter into a lease agreement with BAM RBC I LLC, for use by the City of all or a portion of the premises located at 2807-2817 Southampton Road, under certain terms and conditions.

Body
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:

SECTION 1. The Commissioner of Public Property is hereby authorized to enter into a lease with BAM RBC I LLC as Landlord, with the City as Tenant, for use by the City, of all or a portion of the premises located at 2807-2817 Southampton Road, Philadelphia, Pennsylvania, 19154 pursuant to terms substantially set forth in 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 2807-2817 Southampton Road, Philadelphia, PA

1. Landlord: BAM RBC I LLC

2. Tenant: City of Philadelphia

3. Premises Address: 2807-2817 Southampton Road, Philadelphia, Pennsylvania, 19154

4. Use of the Premises: Approximately 45,000 rentable square feet and one half acre of outdoor storage area, to be used for office space, storage, and accessory uses by the Office of Emergency Management

5. Term of Lease: Seven years, provided, however, that the City in accordance with Section 8-200(3) of the Philadelphia Home Rule Charter, shall have the right to terminate the Lease, at the City's sole option, at any time after the expiration of four (4) years without liability to the Landlord for damages or loss of profits which would have been realized had the lease not been terminated.

6. Renewal Term: The City shall have a three (3) year renewal option.

7. Rent: Base Rent for the Premises during...