Official:Authorizing the Director of the Free Library of Philadelphia and the Commissioner of Public Property to execute a sublease or other agreement with the Philadelphia Authority for Industrial Development ("PAID"), subject to a master lease between PAID and Rodin Market Partners, L.P., under which the City would occupy space in the building located at 2000 Hamilton Street, all under certain terms and conditions.
Sponsor: Council President Clarke
Introduced: March 26, 2015
Signed: May 21, 2015
: Committee on Public Property and Public Works
Status: Signed into Law, step 4 of 4
This bill allows the Free Library of Philadelphia and Public Property Commissioner to sign a sublease agreement with PAID (Philadelphia Authority for Industrial Development) for space in the Rodin Market building at 2000 Hamilton Street. The lease will be for an initial 10 years, with an option for a 5-year renewal.
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