Bill 230833
Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to enter into a lease with Crown Two Penn Center Associates, LP, for use by the City, of all or a portion of the premises located at 1500 John F. Kennedy Boulevard, Philadelphia, Pennsylvania, 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.
“…use by the City, as subtenant, of a portion of the premises located at 216 North Broad Street"; and Bill No. 230833, entitled "An ordinance authorizing the Commissioner of Public Property to enter into a lease with Crown Two Penn Center Associates, for use by the City, of all or a portion of the premises located at 1500 John F. Kennedy Boulevard"; and Bill No. 230835, entitled "An ordinance authorizing the Commission…”
Chief Clerk · Stated Meeting, December 14, 2023 · Dec 14, 2023 · official transcript, this passage
“…use by the City, as subtenant, of a portion of the premises located at 216 North Broad Street"; and Bill No. 230833, entitled "An ordinance authorizing the Commissioner of Public Property to enter into a lease Stated Meeting 37 12/07/2023 Center Associates, for use by the City, of all or a portion of the premises located at 1500 John F. Kennedy Boulevard"; and Bill No.”
Chief Clerk · Stated Meeting, December 7, 2023 · Dec 7, 2023 · official transcript, this passage
Status timeline
- Nov 16, 2023Introduced and Referred · CITY COUNCIL
This Bill was Introduced and Referred.to the Committee on Public Property and Public Works
- Dec 5, 2023HEARING NOTICES SENT · Committee on Public Property and Public Works
This Bill was HEARING NOTICES SENT.
- Dec 5, 2023HEARING HELD · Committee on Public Property and Public Works
This Bill was HEARING HELD.
- Dec 5, 2023REPORTED FAVORABLY, RULE SUSPENSION REQUESTED · Committee on Public Property and Public Works
This Bill was REPORTED FAVORABLY, RULE SUSPENSION REQUESTED.
- Dec 7, 2023SUSPEND THE RULES OF THE COUNCIL · CITY COUNCIL
This Bill was SUSPEND THE RULES OF THE COUNCIL.
- Dec 7, 2023ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR · CITY COUNCIL
This Bill was ORDERED PLACED ON THIS DAY`S FIRST READING CALENDAR.
- Dec 14, 2023READ AND PASSED · CITY COUNCIL
Recorded result: Pass
A motion was made that this Bill be READ AND PASSED. The motion carried by the following vote:
- Dec 20, 2023SIGNED · MAYOR
This Bill was SIGNED.
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 with Crown Two Penn Center Associates, LP, for use by the City, of all or a portion of the premises located at 1500 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 lease agreement with Crown Two Penn Center Associates, LP, for use by the City, of all or a portion of the premises located at 1500 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 lease and 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 and to carry out the purpose of this Ordinance. EXHIBIT "A" Terms of Proposed Lease For 1500 John F. Kennedy Boulevard, Concourse Suite 2, Philadelphia, PA 1. Landlord: Crown Two Penn Center Associates, LP 2. Tenant: The City of Philadelphia 3. Premises Address: 1500 John F. Kennedy Boulevard, Concourse Suite 2, Philadelphia, PA 4. Use of the Premises: Approximately 2,700 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 will continue until December 31, 2029., 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: 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 $48,112.38. 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