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BillENACTED

Bill 170559-A

Authorizing the Commissioner of Public Property, on behalf of the City, to enter into a sublease agreement with the Philadelphia Authority for Industrial Development for use by the City of premises located at 400 N. Broad Street and 1501 Callowhill Street, and to exercise an option for the City to purchase the same, all under certain terms and conditions.

Introduced May 25, 2017Committee on Public Property and Public WorksOfficial record: City of Philadelphia via Legistar

Introduced by

Council President ClarkeCouncil President ClarkeCouncilmember HenonCouncilmember Henon

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. 170306-A, entitled "An ordinance to reinstate Bill No. 140439 amending Stated Meeting June 22, 2017 14-502 of the Zoning Code, entitled 'CTR, Center City Overlay' and Section 14-602 of the Zoning Code, entitled 'Use Tables,' and to amend Section 14-803 'Motor Vehicle Parking Standards'"; and Bill No. , to install, own and maintain an open-air sidewalk cafe at 1338 through 40 South 10th Street"; and Bill No.…”

    Chief Clerk · Stated Meeting, June 22, 2017 · Jun 22, 2017 · official transcript, this passage

Status timeline

  1. May 25, 2017Introduced and Referred · CITY COUNCIL
  2. Jun 14, 2017HEARING NOTICES SENT · Committee on Public Property and Public Works
  3. Jun 14, 2017HEARING HELD · Committee on Public Property and Public Works
  4. Jun 14, 2017REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Public Property and Public Works
  5. Jun 15, 2017ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
  6. Jun 15, 2017SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
  7. Jun 15, 2017READ · CITY COUNCIL
  8. Jun 15, 2017ORDERED PLACED ON FINAL PASSAGE CALENDAR FOR NEXT MEETING. · CITY COUNCIL
  9. Jun 15, 2017AMENDED · CITY COUNCIL
  10. Jun 22, 2017READ AND PASSED · CITY COUNCIL
  11. Jun 27, 2017SIGNED · MAYOR

Official documents

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

Full text

Read the full text as published

..Title Authorizing the Commissioner of Public Property, on behalf of the City, to enter into a sublease agreement with the Philadelphia Authority for Industrial Development for use by the City of premises located at 400 N. Broad Street and 1501 Callowhill Street, and to exercise an option for the City to purchase the same, all 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, is hereby authorized to enter into a sublease agreement (the "Sublease"), as subtenant, with the Philadelphia Authority for Industrial Development (the "Authority"), as tenant and sublandlord, for use by the City of premises located at 400 N. Broad Street and 1501 Callowhill Street, and to exercise an option for the City to purchase the same, pursuant to terms substantially similar to those set forth in the document attached hereto as Exhibit "A." SECTION 2. The improvements to the premises located at 400 N. Broad Street and 1501 Callowhill Street shall be constructed in compliance with the terms and conditions of an Economic Opportunity Plan, attached hereto as Exhibit "B". SECTION 3. The City Solicitor is hereby authorized to review and approve the Sublease, the related lease and other documents necessary to effectuate this Ordinance, which Sublease, related lease 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. SECTION 4. The City covenants to budget and make appropriations beginning in Fiscal Year 2018 and in each and every fiscal year thereafter in such amounts as shall be required in order to make timely all payments due and payable under the Sublease ("Sublease Payments"). SECTION 5. The City covenants unconditionally to make all Sublease Payments to the Authority, to any entity to which the Sublease has been assigned or to any entity as the Authority shall direct, only out of current revenues of the City, which Sublease Payments shall not be suspended, abated, reduced, abrogated, waived, diminished or otherwise modified in any manner or to any extent whatsoever and regardless of any rights of set-off, recoupment or counterclaim that the City may have against the Authority or any other party or parties, and regardless of any contingency, act of God, event or cause whatsoever, and notwithstanding any circumstances or occurrence that may arise after the date thereof. ..End