Bill 120894
Authorizing the Commissioner of Public Property to enter into a sublease agreement, with the Philadelphia Authority for Industrial Development, for use by the City of a portion of the premises located at 111 North 49th Street, under certain terms and conditions.
Introduced by
From the floor
Passages in the official transcripts that cite this file number. Every quote links to its exact place in the record.
“Bill No. , a corporation, as the Neighborhood Improvement District Management Association for the District"; and Bill No. 120875, entitled "An ordinance to amend the Philadelphia Zoning Maps by changing the zoning designations of certain areas of land located within an area bounded by 52nd Street, Master Street, Peach Street, and Media Street"; and Bill No. 120878, entitled "An ordinance to amend the Philadelphia Zon…”
Chief Clerk · Stated Meeting, December 13, 2012 · Dec 13, 2012 · official transcript, this passage
“The Committee on Works, to which was referred Bill No. 120890, entitled "An ordinance authorizing the Commissioner of Public Property to convey to the Philadelphia Authority for Industrial Development a parcel of land situate at 4900 Spruce Street"; and Bill No. 120894, entitled "An ordinance authorizing the Commissioner of Public Property to enter into a sublease agreement, with the Philadelphia Authority for Indust…”
Chief Clerk · Stated Meeting, December 6, 2012 · Dec 6, 2012 · official transcript, this passage
Status timeline
- Nov 15, 2012Introduced and Referred · CITY COUNCIL
- Dec 5, 2012HEARING NOTICES SENT · Committee on Public Property and Public Works
- Dec 5, 2012HEARING HELD · Committee on Public Property and Public Works
- Dec 5, 2012REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Public Property and Public Works
- Dec 6, 2012ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
- Dec 6, 2012SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
- Dec 6, 2012ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR · CITY COUNCIL
- Dec 13, 2012READ AND PASSED · CITY COUNCIL
- Jan 14, 2013SIGNED · MAYOR
Official documents
Documents open on the City of Philadelphia’s legislative site.
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..Title Authorizing the Commissioner of Public Property to enter into a sublease agreement, with the Philadelphia Authority for Industrial Development, for use by the City of a portion of the premises located at 111 North 49th Street, 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, as subtenant, is hereby authorized to enter into a sublease agreement with the Philadelphia Authority for Industrial Development ("PAID"), as tenant and sublandlord, for use by the City of a portion of the premises located at 111 North 49th Street, 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, sublease, and other documents necessary to effectuate this Ordinance, which lease, sublease, other 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 111 N. 49th Street, Philadelphia, PA 1. Landlord: Kirkbride Realty Corporation. 2. Tenant and Sublandlord: Philadelphia Authority for Industrial Development ("PAID"). 3. Subtenant: City of Philadelphia 4. Premises Address: 111 N. 49th Street, Philadelphia, PA 5. Use of the Premises: Approximately 18,820 square feet, to be used a woman's shelter and related uses. 6. Term a. Term of Lease: 10 years. b. Term of Sublease: 10 years. 7. Rent Payable by City to PAID: The annual rent will be $16.75 per square foot and will escalate 2% per year. At 18,820 square feet, the first year's rent would be $315,235. 8. Maintenance and Utilities: The City will be responsible for the general maintenance and repair of the interior of the Premises. The Landlord is responsible for utilities, common area maintenance, repair and replacement of structural components, mechanical systems, electrical systems, and plumbing systems. 9. Cost of Improvements: The City shall be responsible for all costs of improvements to the leased premises, sufficient for use of the premises as set forth above. ..End