PASSED

The enacted bill authorizes the City to lease the Lincoln Financial Mural Arts Center at the Thomas Eakins House, 1729 Mt. Vernon Street, to the Philadelphia Authority for Industrial Development for sublease to Mural Arts Advocates for use by the City’s Mural Arts Program. The lease may last 10 years, with options for two additional five-year terms, and the City will pay the property’s utilities, janitorial services, and maintenance; the property may be used only for the Mural Arts Program.

Authorizing the Commissioner of Public Property, on behalf of the City to enter into an agreement to lease the Lincoln Financial Mural Arts Center at the Thomas Eakins House located at 1729 Mt. Vernon Street to the Philadelphia Authority for Industrial Development ("PAID") for further sublease by PAID to the Mural Arts Advocates, for use by the City of Philadelphia Mural Arts Program all under certain terms and conditions.