READ AND PASSED

This enacted ordinance authorizes Philadelphia’s Commissioner of Public Property to enter into a lease with AC HSS Office Ventures II, LLC, for about 6,991 square feet of office space at 1930 South Broad Street for City use. The lease would last 15 years, with options for additional renewals, and would set rent and operating-cost responsibilities for the City.

Authorizing the Commissioner of Public Property, on behalf of the City of Philadelphia, to enter into a lease agreement with AC HSS Office Ventures II, LLC, for use by the City, of a portion of the premises located at 1930 South Broad Street, Philadelphia, Pennsylvania 19145, under certain terms and conditions.