PASSED

Authorizing the Commissioner of Public Property, on behalf of the City, to enter into a lease agreement with the Philadelphia Authority for Industrial Development providing for the leasing by the City to the Philadelphia Authority for Industrial Development of Veterans Memorial Stadium, including a ground lease of land underneath Veterans Memorial Stadium, and obligating the Philadelphia Authority for Industrial Development to finance certain repairs to Veterans Memorial Stadium to be made by the City, all subject to the rights of the Phillies and the Eagles under their existing team leases and, authorizing a sublease agreement between the Philadelphia Authority for Industrial Development and the City providing for the subleasing of Veterans Memorial Stadium and the land back from the Philadelphia Authority for Industrial Development to the City; covenanting to be bound by the terms of the lease and sublease; imposing a limit on the aggregate amount of Bonds which are to be issued by t...