Authorizing the President of the Fairmount Park Commission and the Executive Director of Fairmount Park to enter into a lease agreement between the City of Philadelphia as landlord and the Center City District as tenant for a certain parcel of land bounded by 16th Street, the Benjamin Franklin Parkway and Cherry Street, commonly referred to as Three Parkway Plaza, under certain terms and conditions.
THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1.
The President of the Fairmount Park Commission and the Executive Director of Fairmount Park are hereby authorized to enter into a lease agreement between the Fairmount Park Commission as landlord and the Center City District as tenant for a certain parcel of land bounded by 16th Street, the Benjamin Franklin Parkway and Cherry Street, commonly referred to as Three Parkway Plaza, which Lease shall be substantially in the form set forth in Exhibit 1 attached hereto, with such changes as the City Solicitor deems necessary or appropriate to protect the interests of the City.
EXHIBIT "1"
End
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