City of Philadelphia - File #: 230854

• File #: 230854
• Version: 0
• Type: Bill
• Status: ENACTED
• File created: 11/16/2023
• In control: Committee on Public Property and Public Works
• Final action: 12/14/2023
• Title: Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to enter into a lease agreement with NF 6601 New State Road Partners, L.P., for use by the City, of all or a portion of the premises located at 6601 New State Road, Philadelphia, Pennsylvania, under certain terms and conditions.
• Sponsors: Councilmember Driscoll
• Indexes: PUBLIC PROPERTY

Date	Ver.	Action By	Action	Result	Tally
12/20/2023	0	MAYOR	SIGNED
12/14/2023	0	CITY COUNCIL	READ AND PASSED	Pass	15:0
12/7/2023	0	CITY COUNCIL	SUSPEND THE RULES OF THE COUNCIL
12/7/2023	0	CITY COUNCIL	ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR
12/5/2023	0	Committee on Public Property and Public Works	HEARING NOTICES SENT
12/5/2023	0	Committee on Public Property and Public Works	HEARING HELD
12/5/2023	0	Committee on Public Property and Public Works	REPORTED FAVORABLY, RULE SUSPENSION REQUESTED
11/16/2023	0	CITY COUNCIL	Introduced and Referred

Title
Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to enter into a lease agreement with NF 6601 New State Road Partners, L.P., for use by the City, of all or a portion of the premises located at 6601 New State Road, Philadelphia, Pennsylvania, 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 NF 6601 New State Road Partners, L.P., for use by the City, of all or a portion of the premises located at 6601 New State Road, 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 draft, negotiate, review and to approve, prior to execution, all documents necessary and helpful to effectuate this Ordinance and to include in those documents all provisions the City Solicitor deems necessary and proper to protect the interests of the City.



EXHIBIT "A"

Terms of Proposed Lease
For 6601 New State Road, Philadelphia, PA

1. Landlord: NF 6601 New State Road Partners, L.P.

2. Tenant: City of Philadelphia

3. Premises Address: 6601 New State Road, Philadelphia, PA 19135

4. Use of the Premises: Approximately 25,068 rentable square feet plus the exterior parking area to be used as a warehouse and office space

5. Term of Lease: Fifteen (15) 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: One (1) five (5) year renewal at the City's option

7. Rent: Base rent during Lease Year 1 will be $6.67 pe...