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Bill 170438

Approving a Lease Agreement between Philadelphia Gas Works by Philadelphia Facilities Management Corporation, solely in its capacity as operator and manager of the City-owned Philadelphia Gas Works, and Germantown Realty Investment Group, LP for certain premises located at 212-214 W. Chelten Avenue.

Introduced May 4, 2017Committee on FinanceOfficial record: City of Philadelphia via Legistar

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.

  1. Bill No. 170196, entitled "An ordinance to adopt a Fiscal 2018 Capital Budget"; and Bill No. 170242, entitled "An ordinance granting permission to Stephen Ngo, owner and operator of Royal Tea Food Truck located in the right-of-way on the north side of Norris Street between 13th Street and Broad Street, to install, use Stated Meeting June 15, 2017 certain electrical wires, conduits and appurtenances in, under and over…

    Chief Clerk · Stated Meeting, June 15, 2017 · Jun 15, 2017 · official transcript, this passage

  2. The Committee on Finance, to which was referred Bill No. 170432, entitled "An ordinance constituting the Fourteenth Supplemental Ordinance to the General Gas Works Revenue Bond Ordinance of 1998; authorizing the City of Philadelphia to sell, either at public or private sale, one or more series of Gas Works Revenue Bonds and Gas Works Revenue Bonds to refund such bonds"; and Bill No. 170433, entitled "An Stated Meetin…

    Chief Clerk · Stated Meeting, June 8, 2017 · Jun 8, 2017 · official transcript, this passage

Status timeline

  1. May 4, 2017Introduced and Referred · CITY COUNCIL
  2. Jun 5, 2017HEARING NOTICES SENT · Committee on Finance
  3. Jun 5, 2017HEARING HELD · Committee on Finance
  4. Jun 5, 2017REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Finance
  5. Jun 8, 2017ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
  6. Jun 8, 2017SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
  7. Jun 8, 2017READ AND ORDERED PLACED ON NEXT WEEK'S SECOND READING CALENDAR · CITY COUNCIL
  8. Jun 15, 2017READ AND PASSED · CITY COUNCIL
  9. Jun 21, 2017SIGNED · MAYOR

Official documents

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

Full text

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..Title Approving a Lease Agreement between Philadelphia Gas Works by Philadelphia Facilities Management Corporation, solely in its capacity as operator and manager of the City-owned Philadelphia Gas Works, and Germantown Realty Investment Group, LP for certain premises located at 212-214 W. Chelten Avenue. ..Body WHEREAS, The Philadelphia Gas Works by Philadelphia Facilities Management Corporation ("PFMC") desires to enter into a lease agreement ("Lease Agreement") whereby PFMC, in its capacity as operator and manager of the City-owned Philadelphia Gas Works, under and pursuant to an agreement with the City of Philadelphia dated December 29, 1972, as amended, will rent from Germantown Realty Investment Group, LP, certain premises located at 212-214 W. Chelten Avenue for a four year term; and WHEREAS, Section VIII(3) of the Agreement dated December 29, 1972, as amended, between the City of Philadelphia and Philadelphia Facilities Management Corporation provides in part that leases of real estate by or for the Philadelphia Gas Works shall be submitted to the Philadelphia Gas Commission for its approval and shall be submitted to City Council for its approval by ordinance; and WHEREAS, The Philadelphia Gas Commission at a public meeting duly held on April 25, 2017 approved the proposed Lease Agreement between Philadelphia Gas Works by Philadelphia Facilities Management Corporation and Germantown Realty Investment Group, LP, in the revised form attached hereto as Exhibit "A", under certain terms and conditions and favorably recommended approval of the transaction to City Council; now, therefore THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. Pursuant to Section VIII(3) of the Agreement dated December 29, 1972, as amended, between the City of Philadelphia and the Philadelphia Facilities Management Corporation, the City Council does hereby approve the Lease Agreement concerning 212-214 W. Chelten Avenue, set forth in Exhibit "A" attached hereto and made a part hereof, between Philadelphia Gas Works by Philadelphia Facilities Management Corporation, and Germantown Realty Investment Group, LP. SECTION 2. The Exhibit "A" referred to and incorporated in this Ordinance shall be kept on file by the Chief Clerk of City Council and shall be available to the public for inspection, reading or copying at reasonable times. ..End