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Back to search resultsCOMMUNICATION 010364

Transmitting a bill authorizing the Director of Commerce and the Commissioner of Public Property, on behalf of The City of Philadelphia (the "City"), to execute and deliver a Non-Disturbance Agreement with The Phillies, a Pennsylvania limited partnership (the "Phillies") and other parties which may accept leasehold mortgages granted by the Phillies upon its leasehold interests in certain parcels of land owned by the City, and ratifying pursuant to prior authorization the execution and delivery by the Director of Commerce and the Commissioner of Public Property, on behalf of the City, of certain other Non-Disturbance Agreements with certain parties, including but not limited to the Phillies and Philadelphia Eagles Limited Partnership, a Delaware limited partnership (the "Eagles"), and other parties which may accept leasehold mortgages granted by the Phillies and the Eagles upon their respective leasehold interests in certain parcels of land owned by the City, all in connection with the ...

AI summary

This communication transmitted a proposed bill concerning non-disturbance agreements between the City, the Phillies, the Eagles, and potential lenders holding mortgages on their leasehold interests in City-owned land. The agreements would relate to the financing, construction, and operation of a new baseball park and football stadium, but the item was placed on file and did not enact those authorizations.

File details

Status
PLACED ON FILE
Introduced
May 10, 2001
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Full text

Title

Transmitting a bill authorizing the Director of Commerce and the Commissioner of Public Property, on behalf of The City of Philadelphia (the “City”), to execute and deliver a Non-Disturbance Agreement with The Phillies, a Pennsylvania limited partnership (the “Phillies”) and other parties which may accept leasehold mortgages granted by the Phillies upon its leasehold interests in certain parcels of land owned by the City, and ratifying pursuant to prior authorization the execution and delivery by the Director of Commerce and the Commissioner of Public Property, on behalf of the City, of certain other Non-Disturbance Agreements with certain parties, including but not limited to the Phillies and Philadelphia Eagles Limited Partnership, a Delaware limited partnership (the “Eagles”), and other parties which may accept leasehold mortgages granted by the Phillies and the Eagles upon their respective leasehold interests in certain parcels of land owned by the City, all in connection with the development, financing, construction and operation of a new baseball park by the Phillies and a new football stadium by the Eagles as authorized by City Council Bills 000722-A and 000721-A; and authorizing approval of all of the terms of the aforementioned Non-Disturbance Agreements and other documents and amendments related thereto by the City Solicitor.

End

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File history

Sometimes city council's record keeping is not complete. This timeline reflects the information on the council's legistar website.
  1. Council actionCITY COUNCIL

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