READ AND PASSED

The enacted ordinance authorizes Philadelphia’s Commissioner of Public Property to amend the City’s lease with SEPTA for about 54,080 square feet of office space at 1234 Market Street. The lease terms listed in the ordinance run from January 1, 2021, through October 31, 2032, with rent and other conditions described in the agreement.

Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to enter into an amendment to a lease agreement with Southeastern Pennsylvania Transportation Authority ("SEPTA"), for use by the City, of a portion of the premises located at 1234 Market Street, Philadelphia, Pennsylvania by the City, all under certain terms and conditions.