THE COUNCIL OF THE CITY OF PHILADELPHIA HEREBY ORDAINS:
SECTION 1.
The Commissioner of Public Property and the Commissioner of Parks and Recreation, on behalf of the City of Philadelphia, are hereby authorized to lease the land and improvements known as the Mann Center for Performing Arts and appurtenant buildings, grounds and facilities (collectively, the Premises) to the Philadelphia Authority for Industrial Development (PAID), for sublease to the Mann Center for the Performing Arts, a Pennsylvania nonprofit corporation (Mann). The approximate location of the Premises is shown on the sketch attached to this Ordinance as Exhibit A. The sublease shall be substantially in the form set forth in Exhibit B to this Ordinance.
SECTION 2.
The Commissioner of Public Property and the Commissioner of Parks and Recreation, on behalf of the City of Philadelphia, are hereby authorized to enter into agreements contemplated by the sublease and other agreements necessary to effectuate the purposes of this Ordinance.
SECTION 3. Subject to Section 17-1602 of The Philadelphia Code, PAID is not authorized to transfer the Premises to the Mann unless the Mann commits to an Economic Opportunity Plan in compliance with Section 17-1603 of The Philadelphia Code and to require any subsequent developer of the Premises to make comparable commitments for a period not to expire prior to five (5) years after the transfer by PAID.
SECTION 4.
The City Solicitor is authorized to review and approve all agreements necessary to effectuate the purpose of this Ordinance and include in those agreements such terms and provisions as the City Solicitor deems necessary or appropriate to protect the interests of the City.
SECTION 5.
The Chief Clerk of City Council is directed to keep on file and make available to the public for inspection during regular office hours the exhibits referred to in this Ordinance.
[Note: Exhibits to this Bill are on file in the Office of the Chief Clerk.]
End