Official:Authorizing the amendment of certain agreements between the City of Philadelphia and the Philadelphia Authority for Industrial Development ("PAID") relating to an area surrounded by Pattison Avenue, 11th Street, Terminal Avenue and Broad Street (the "Wachovia and Arena Parcels"), to revise lot lines and make other technical changes; authorizing amendments to certain subleases for the Wachovia and Arena Parcels; and authorizing the grant to PAID of an easement over certain portions of FDR Park, all under certain terms and conditions.
Sponsor: Councilmember Tasco
Introduced: May 20, 2010
Signed: June 17, 2010
: Committee on Parks, Recreation and Cultural Affairs
Status: Signed into Law, step 4 of 4
This bill allows for changes to agreements between the City of Philadelphia and PAID (Philadelphia Authority for Industrial Development) regarding a mixed-use development project called 'Philly Live!' on part of FDR Park, including revising lot lines and granting an easement over parts of the park.
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