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Back to search resultsCOMMUNICATION 090456

Transmitting a bill authorizing the Executive Director of Fairmount Park Commission, the Recreation Commissioner, the Public Property Commissioner, and the Director of Commerce to execute an amendment to the lease dated November 1, 1993, between the City and the Philadelphia Authority for Industrial Development ("PAID"), authorized by Bill Number 505 of 1993, and under which PAID entered into a sublease with the Fairmount Park Historic Preservation Trust, Inc. (the "Trust"), under which, in turn, from time to time, the Trust has entered into sub-subleases with third parties who have restored historic houses and other properties in Fairmount Park in exchange for long-term leases, under certain provisions, accompanied by an explanatory letter from the Executive Director of Fairmount Park.

AI summary

This communication transmitted a proposed bill concerning an amendment to a 1993 lease between the City and the Philadelphia Authority for Industrial Development. The lease involves the Fairmount Park Historic Preservation Trust and arrangements in which third parties restore historic houses and other properties in Fairmount Park in exchange for long-term leases; the item was placed on file and does not itself enact the proposed authorization.

File details

Status
PLACED ON FILE
Introduced
May 21, 2009
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Full text

Title

Transmitting a bill authorizing the Executive Director of Fairmount Park Commission, the Recreation Commissioner, the Public Property Commissioner, and the Director of Commerce to execute an amendment to the lease dated November 1, 1993, between the City and the Philadelphia Authority for Industrial Development (“PAID”), authorized by Bill Number 505 of 1993, and under which PAID entered into a sublease with the Fairmount Park Historic Preservation Trust, Inc. (the “Trust”), under which, in turn, from time to time, the Trust has entered into sub-subleases with third parties who have restored historic houses and other properties in Fairmount Park in exchange for long-term leases, under certain provisions, accompanied by an explanatory letter from the Executive Director of Fairmount Park.

End

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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