PASSED

This enacted bill authorizes the Commissioner of Public Property to amend the City’s sublease with the Philadelphia Municipal Authority for about 60,131 square feet of office space at 100 South Broad Street. The amendment extends the sublease for 10 years, from September 1, 2008, through August 31, 2018, and sets rental, improvement, and operating-cost terms.

Authorizing the Commissioner of Public Property, on behalf of the City, to enter into an amendment to an existing sublease between the Philadelphia Municipal Authority and the City for the City's use of certain office space located at 100 South Broad Street, under certain terms and conditions.