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BillENACTED

Bill 230831

Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to enter into a sublease with the Philadelphia Municipal Authority, for use by the City, of all or a portion of the premises located at 1628-40 John F. Kennedy Boulevard, Philadelphia, Pennsylvania, under certain terms and conditions.

Introduced Nov 16, 2023Committee on Public Property and Public WorksOfficial record: City of Philadelphia via Legistar

Introduced by

Council President ClarkeCouncilmember Jones

How members voted

From the floor

Passages in the official transcripts that cite this file number. Every quote links to its exact place in the record.

  1. 230830, entitled "An ordinance 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"; and Bill No. 230831, entitled "An ordinance authorizing the Commissioner of Public Property to enter into a sublease with the Philadel…

    Chief Clerk · Stated Meeting, December 14, 2023 · Dec 14, 2023 · official transcript, this passage

  2. 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

  1. Nov 16, 2023Introduced and Referred · CITY COUNCIL
  2. Dec 5, 2023HEARING NOTICES SENT · Committee on Public Property and Public Works
  3. Dec 5, 2023HEARING HELD · Committee on Public Property and Public Works
  4. Dec 5, 2023REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Public Property and Public Works
  5. Dec 7, 2023SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
  6. Dec 7, 2023ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
  7. Dec 14, 2023READ AND PASSED · CITY COUNCIL
  8. Dec 20, 2023SIGNED · MAYOR

Official documents

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

Full text

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..Title Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to enter into a sublease with the Philadelphia Municipal Authority, for use by the City, of all or a portion of the premises located at 1628-40 John F. Kennedy Boulevard, Philadelphia, Pennsylvania, 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, is hereby authorized to enter into a sublease agreement with the Philadelphia Municipal Authority, for use by the City, of all or a portion of the premises located at 1628-40 John F. Kennedy Boulevard, 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 sublease and other documents necessary to effectuate this Ordinance, which sublease and documents shall contain such terms and conditions as the City Solicitor shall deem necessary and proper to protect the interests of the City and to carry out the purpose of this Ordinance. EXHIBIT "A" Terms of Proposed Sublease For 1628-40 John F. Kennedy Boulevard, Concourse Suite C2, Philadelphia, PA 1. Landlord: 8 Penn Center Owner, LP 2. Tenant: Philadelphia Municipal Authority 3. Subtenant: City of Philadelphia 3. Premises Address: 1628-40 John F. Kennedy Boulevard, Concourse Suite C2, Philadelphia, PA 4. Use of the Premises: Approximately 9,736 rentable square feet, to be used for storage space. 5. Term of Lease: The term for the lease shall begin on or after the City is authorized to enter into the agreement and continue until December 31, 2029. 6. Rent: The base rent shall be approximately $17.82 per rentable square foot in Lease Year 1 and shall escalate at a rate of approximately 2% per year over the term. The total base rent for Lease Year 1 will be approximately $173,489.68. 8. Utilities: The City shall pay directly through City's own accounts, or, if not billed directly shall reimburse the cost of utilities paid on City's behalf. 9. Operating Expenses: The City shall be responsible for its proportionate share of operating expenses. 8. Tenant Improvements: Landlord shall fit out the Premises based on a mutually accepted space plan. ..End