READ AND PASSED

The enacted bill authorizes Philadelphia’s Commissioner of Public Property to amend a sublease with the Philadelphia Authority for Industrial Development so the City can use the entire sixth floor of 1101 Market Street. The agreement covers a lease extension through August 31, 2031, rent and operating costs, and an allowance for building improvements and some moving or furniture expenses.

Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to enter into a sublease agreement with the Philadelphia Authority for Industrial Development for the use by the City of the premises located at 1101 Market Street, Philadelphia, PA, under certain terms and conditions.