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This Redevelopment Assistance Contract is between the Commonwealth of Pennsylvania, acting through the Office of the Budget, and the Philadelphia Authority for Industrial Development. It provides up to $6,500,000 in funding for the AgustaWestland Philadelphia Corporation Campus Expansion project. The contract's effective date is the last day of the month of the final signature, with an initial term of three years. Funding is contingent upon the Grantee's compliance with statutory and program requirements, including providing matching funds and completing the project within the specified term. The agreement details provisions for disbursements, project activities, record-keeping, audits, insurance, tax-exempt obligations, fiscal responsibilities, and conditions for termination or suspension, alongside adherence to various legal and ethical standards.
Effective Date
Jun 30, 2024
Expires
Effective: Jun 30, 2024
This Redevelopment Assistance Contract is between the Commonwealth of Pennsylvania, acting through the Office of the Budget, and the Philadelphia Authority for Industrial Development. It provides up to $6,500,000 in funding for the AgustaWestland Philadelphia Corporation Campus Expansion project. The contract's effective date is the last day of the month of the final signature, with an initial term of three years. Funding is contingent upon the Grantee's compliance with statutory and program requirements, including providing matching funds and completing the project within the specified term. The agreement details provisions for disbursements, project activities, record-keeping, audits, insurance, tax-exempt obligations, fiscal responsibilities, and conditions for termination or suspension, alongside adherence to various legal and ethical standards.
ActiveThis Loan Agreement, effective October 28, 2013, formalizes a loan of up to $849,562 from the Pennsylvania Industrial Development Authority (PIDA) to the Delaware County Industrial Development Corporation (IDC), Domann Enterprises, LLC (Beneficial Owner), and Springfield Pasta Company, Inc. (Industrial Occupant). The agreement details the terms, conditions, representations, warranties, and covenants for all parties, covering aspects such as project financing, job creation/retention, environmental compliance, and procedures for default and repayment. The loan is intended to defray a portion of the cost for an industrial development project.
Effective Date
Oct 28, 2013
Expires
Effective: Oct 28, 2013
This Loan Agreement, effective October 28, 2013, formalizes a loan of up to $849,562 from the Pennsylvania Industrial Development Authority (PIDA) to the Delaware County Industrial Development Corporation (IDC), Domann Enterprises, LLC (Beneficial Owner), and Springfield Pasta Company, Inc. (Industrial Occupant). The agreement details the terms, conditions, representations, warranties, and covenants for all parties, covering aspects such as project financing, job creation/retention, environmental compliance, and procedures for default and repayment. The loan is intended to defray a portion of the cost for an industrial development project.
ActiveThis Lease Agreement is between the Commonwealth of Pennsylvania, Pennsylvania Board of Probation and Parole (LESSEE) and Philadelphia Suburban Development Corporation (LESSOR) for 14,302 net usable square feet of office space at 1300 West Lehigh Street, Philadelphia, along with 25 parking spaces. The lease commences on February 1, 2010, for an initial term of ten years, with two subsequent five-year renewal options, potentially extending the lease until January 31, 2030. The initial annual rent for the first year is $371,852.00, subject to annual adjustments based on the CPI-U index. The LESSOR is responsible for services, maintenance, and construction/renovations, with specific provisions for prevailing wages and asbestos management. The agreement also includes clauses for cancellation, insurance, and various compliance requirements.
Effective Date
Feb 1, 2010
Expires
Effective: Feb 1, 2010
This Lease Agreement is between the Commonwealth of Pennsylvania, Pennsylvania Board of Probation and Parole (LESSEE) and Philadelphia Suburban Development Corporation (LESSOR) for 14,302 net usable square feet of office space at 1300 West Lehigh Street, Philadelphia, along with 25 parking spaces. The lease commences on February 1, 2010, for an initial term of ten years, with two subsequent five-year renewal options, potentially extending the lease until January 31, 2030. The initial annual rent for the first year is $371,852.00, subject to annual adjustments based on the CPI-U index. The LESSOR is responsible for services, maintenance, and construction/renovations, with specific provisions for prevailing wages and asbestos management. The agreement also includes clauses for cancellation, insurance, and various compliance requirements.
ActiveEffective: Aug 31, 2001
Expires:
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