Presenter
Presented by Mr. Peduto
Title
Resolution authorizing the Mayor and the Director of the Department of General Services to enter into a lease agreement with the new Hazlett Theater for the Performing Arts for the use of the Hazlett Theater.
Body
Whereas, in 1999, former tenant The Pittsburgh Public Theater relocated to the O'Reilly Theater from the City-owned Hazlett Theater, and
Whereas, for a period of time thereafter, the City continued to manage and operate the Hazlett Theater and allowed local groups to rent it on a show-by-show basis; and
Whereas, in 2003, the City determined that it would no longer be able to continue to provide these services, and the Hazlett Theater is currently vacant; and
Whereas, the New Hazlett Theater for the Peforming Arts, a 501(c)(3) non-profit group, has proposed to assist in the renovation and reopening of the Hazlett Theater as a vibrant new performing arts center (the "Project"); and
Whereas, the City has agreed to lease the Hazlett Theater to Tenant in order to facilitate this Project; and
Be it resolved by the Council of the City of Pittsburgh as follows:
Section 1. The Mayor and the Director of the Department of General Services are hereby authorized to enter into a lease agreement with the New Hazlett Theater for the Performing Arts. The lease shall be for an initial term not to exceed 5 years with an option to renew for an additional 5 year period thereafter with terms subject to renegotiation by the parties. Rent shall be ($50,000) per year for the first three years with the right to renegotiate rental amounts thereafter as set forth in the lease agreement. The lease shall be in form and substance approved by the City Solicitor.