Bill 230830
Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to enter into a lease agreement with The Leon Sullivan Charitable Trust, for use by the City of all or a portion of the premises located at 1415 North Broad Street, under certain terms and conditions.
Introduced by
How members voted
Vote on Dec 14, 2023 · CITY COUNCIL
Aye (15)
Councilmember SquillaCouncilmember JohnsonCouncilmember JonesCouncil President ClarkeCouncilmember BassCouncilmember O'NeillCouncilmember BrooksCouncilmember GauthierCouncilmember Gilmore RichardsonCouncilmember ThomasCouncilmember DriscollCouncilmember LozadaCouncilmember HarrityCouncilmember VaughnCouncilmember Phillips
From the floor
Passages in the official transcripts that cite this file number. Every quote links to its exact place in the record.
“The Committee on Public Property and Public Works, to which was referred Bill No. 230403, entitled "An ordinance amending Title 16 of The Philadelphia Code, entitled 'Public Property,' by adding a new Chapter requiring the creation of lactation spaces"; and Bill No. 230512, entitled "An ordinance authorizing the Commissioner of Public Property to acquire fee simple title or a lesser interest, by purchase, dedication,…”
Chief Clerk · Stated Meeting, December 7, 2023 · Dec 7, 2023 · official transcript, this passage
Status timeline
- Nov 16, 2023Introduced and Referred · CITY COUNCIL
- Dec 5, 2023HEARING NOTICES SENT · Committee on Public Property and Public Works
- Dec 5, 2023HEARING HELD · Committee on Public Property and Public Works
- Dec 5, 2023REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Public Property and Public Works
- Dec 7, 2023SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
- Dec 7, 2023ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
- Dec 14, 2023READ AND PASSED · CITY COUNCIL
- Dec 20, 2023SIGNED · 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 of Philadelphia, to enter into a lease agreement with The Leon Sullivan Charitable Trust, for use by the City of all or a portion of the premises located at 1415 North Broad Street, under certain terms and conditions. ..Body THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS: SECTION 1. The Commissioner of Public Property is hereby authorized to enter into a lease with The Leon Sullivan Charitable Trust as Landlord, with the City as Tenant, for use by the City, of all or a portion of the premises located at 1415 North Broad Street, Suite 100, Philadelphia, Pennsylvania, 19122 pursuant to terms substantially set forth in Exhibit "A". SECTION 2. The City Solicitor is hereby authorized to review and to approve the lease and all other documents necessary to effectuate this Ordinance, which 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. EXHIBIT "A" Terms of Proposed Lease For 1415 North Broad Street, Suite 100, Philadelphia, Pennsylvania 19122 1. Landlord: The Leon Sullivan Charitable Trust 2. Tenant: City of Philadelphia 3. Premises Address: 1415 North Broad Street, Suite 100, Philadelphia, PA 19122 4. Use of the Premises: Approximately 18,639 rentable square feet to be used for governmental office space. 5. Term of Lease: Ten (10) years, provided, however, that the City in accordance with Section 8-200(3) of the Philadelphia Home Rule Charter, shall have the right to terminate the Lease, at the City's sole option, at any time after the expiration of four (4) years without liability to the Landlord for damages or loss of profits which would have been realized had the lease not been terminated. 6. Rent: Base rent during Lease Year 1 will be approximately $17.50 per rentable square foot and shall escalate at a rate of approximately 2% per year over the ten year term. The total base rent for Lease Year 1 will be approximately $326,182.50. 7. Utilities: Utilities are included in the base rent. 8. Operating Expenses: The City shall be responsible for its proportionate share of operating expenses. 9. Tenant Improvements: Landlord shall fit out the Premises based on a mutually accepted space plan. ..End