PASSED

This enacted ordinance authorizes the Commissioner of Public Property to extend the City’s sublease of the building at 111-131 W. Hunting Park Avenue from the Philadelphia Municipal Authority. It also authorizes the City to purchase the land and building under specified terms and prices, allowing for additional lease renewals before purchase.

Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to extend the term of an agreement to sublease from the Philadelphia Municipal Authority the building located at 111-131 W. Hunting Park Avenue, and to purchase fee simple title to the land and improvements thereon known as 111-131 W. Hunting Park Avenue, all under certain terms and conditions.