Bill 140310
Authorizing the Commissioner of Public Property to enter into a sublease agreement with the Philadelphia Municipal Authority, for use by the City of a portion of the premises located at 1617 John F. Kennedy Boulevard, 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.
“140447, 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 the Frankford Creek, Kensington Avenue, Adams Avenue, Griscom Street, Wakeling Street, and the Northeast Corridor Railroad Right-of-Way"; and Bill No. 130486, entitled "An ordinance amending the Ordinance approved July 12, 1968, as last amended December 21…”
Chief Clerk · Stated Meeting, June 12, 2014 · Jun 12, 2014 · official transcript, this passage
“The Committee on Public Property and Public Works, to which is referred Bill No. 140222, entitled, "An ordinance amending Chapter 16-800 of The Philadelphia Code entitled, 'Philadelphia Affordable Housing Opportunity Zones,' by designating the Mantua Housing Opportunity Zones pursuant to the 1500 New Affordable Housing Units Initiative"; and Bill No. 140226, entitled "An ordinance amending Chapter 16-800 of The Phila…”
Chief Clerk · Stated Meeting, June 5, 2014 · Jun 5, 2014 · official transcript, this passage
Status timeline
- Apr 10, 2014Introduced and Referred · CITY COUNCIL
- Jun 4, 2014HEARING NOTICES SENT · Committee on Public Property and Public Works
- Jun 4, 2014HEARING HELD · Committee on Public Property and Public Works
- Jun 4, 2014REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Public Property and Public Works
- Jun 5, 2014ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
- Jun 5, 2014SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
- Jun 5, 2014ORDERED PLACED ON NEXT WEEK`S SECOND READING CALENDAR · CITY COUNCIL
- Jun 12, 2014READ AND PASSED · CITY COUNCIL
- Jun 19, 2014SIGNED · 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 Municipal Authority, for use by the City of a portion of the premises located at 1617 John F. Kennedy Boulevard, 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 Municipal Authority ("PMA"), as tenant and sublandlord, for use by the City of a portion of the premises located at 1617 John F. Kennedy Boulevard, Philadelphia, Pennsylvania, pursuant to terms substantially set forth in 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, and other 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 Sublease for a portion of 1617 John F. Kennedy Boulevard, Philadelphia, PA 1. Landlord: One Penn Associates, L.P. 2. Tenant and Sublandlord: Philadelphia Municipal Authority ("PMA") 3. Subtenant: City of Philadelphia 4. Premises Address: A portion of the tenth floor of the building located at 1617 John F. Kennedy Boulevard, Philadelphia, PA (also known as One Penn Center) 5. Size and Use of the Premises: Approximately 13,522 square feet, to be used for general office use. 6. Term a. Term of Lease: 5 years b. Term of Sublease: 5 years. 7. Rent Payable by City to PMA: The annual rent will be $20.50 per square feet and will escalate $0.50 per square foot per year. At 13,522 square feet, the first year's annual rent would be $277,201. ..End