civus
BillENACTED

Bill 050016

Amending Chapter 19-1400 of The Philadelphia Code, entitled "Realty Transfer Tax," by excluding from the tax certain sub-subleases of property by the Fairmount Park Historic Preservation Trust, Inc. ("Trust") pursuant to a Master Sublease Agreement between the Philadelphia Authority for Industrial Development ("PAID") and the Trust, and pursuant to a Master Lease Agreement between the City and PAID, all as authorized by Bill No. 505 (approved June 8, 1993), under certain terms and conditions.

Introduced Jan 25, 2005Committee on Parks, Recreation and Cultural AffairsOfficial record: City of Philadelphia via Legistar

Introduced by

Councilmember Reynolds Brown

From the floor

Passages in the official transcripts that cite this file number. Every quote links to its exact place in the record.

  1. “Aye. The ayes are 17, the nays are zero. A majority of all members having voted in the affirmative, the bill passes. We will now consider Bill No. 050016. THE”

    President Verna · Stated Meeting, June 16, 2005 · Jun 16, 2005 · official transcript, this passage

  2. “To the President and members of the Council of the City of Philadelphia: The Committee on Parks, Recreation and Cultural Affairs to which was referred Bill No. 050016 entitled An Ordinance amending Chapter 19-1400 of the Philadelphia Code entitled "Realty Transfer Tax" by excluding from tax certain subleases of property by Fairmount Park Historic Preservation Trust; and Bill No. 050508, an ordinance authorizing the C…”

    Chief Clerk · Stated Meeting, June 9, 2005 · Jun 9, 2005 · official transcript, this passage

  3. “And Bill No. 050016, an ordinance amending Chapter 19-1400 of the Philadelphia Code entitled "Realty Transfer Tax" under certain terms and conditions.”

    Chief Clerk · Stated Meeting, June 9, 2005 · Jun 9, 2005 · official transcript, this passage

Status timeline

  1. Jan 25, 2005Referred · CITY COUNCIL
  2. Jan 25, 2005Introduced · CITY COUNCIL
  3. Jun 8, 2005HEARING NOTICES SENT · Committee on Parks, Recreation and Cultural Affairs
  4. Jun 8, 2005REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Parks, Recreation and Cultural Affairs
  5. Jun 8, 2005HEARING HELD · Committee on Parks, Recreation and Cultural Affairs
  6. Jun 9, 2005ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
  7. Jun 9, 2005SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
  8. Jun 9, 2005ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR · CITY COUNCIL
  9. Jun 16, 2005READ · CITY COUNCIL
  10. Jun 16, 2005PASSED · CITY COUNCIL
  11. Jul 8, 2005SIGNED · MAYOR

Official documents

Documents open on the City of Philadelphia’s legislative site.

Full text

Read the full text as published

..Title Amending Chapter 19-1400 of The Philadelphia Code, entitled "Realty Transfer Tax," by excluding from the tax certain sub-subleases of property by the Fairmount Park Historic Preservation Trust, Inc. ("Trust") pursuant to a Master Sublease Agreement between the Philadelphia Authority for Industrial Development ("PAID") and the Trust, and pursuant to a Master Lease Agreement between the City and PAID, all as authorized by Bill No. 505 (approved June 8, 1993), under certain terms and conditions. ..Body THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. Chapter 19-1400 of The Philadelphia Code is hereby amended to read as follows: CHAPTER 19-1400. REALTY TRANSFER TAX. * * * §19-1405. Excluded Transactions. The tax imposed by Section 19-1403 shall not be imposed upon: * * * (27) A sub-sublease by the Fairmount Park Historic Preservation Trust, Inc. ("Trust") of a property that has been leased by the City to the Philadelphia Authority for Industrial Development ("PAID") under a Master Lease Agreement and sub-leased by PAID to the Trust under a Master Sublease Agreement, all as authorized by and subject to the provisions of Bill No. 505 (approved June 8, 1993). * * * ______________________ Explanation: [Brackets] indicate matter deleted. Italics indicate new matter added. ..End ?? ?? ?? ??