PASSED

The enacted ordinance authorized Philadelphia’s Commissioner of Public Property to extend the City’s lease for office space at 1234 Market Street from SEPTA, which owns the building, until June 30, 2014. It also authorized the City Solicitor to approve documents needed to carry out the lease extension and required the lease documents to be available for public inspection.

Authorizing the Commissioner of Public Property, on behalf of The City of Philadelphia, to extend the term of a lease agreement between the Southeastern Pennsylvania Transportation Authority as landlord and The City of Philadelphia as tenant for office space at 1234 Market Street, under certain terms and conditions.