FINANCIAL_SERVICESPENDING

Service agreement to finance police HQ properties

Philadelphia City Council advanced Bill 260527 to authorize a Service Agreement with the Philadelphia Municipal Authority to finance acquisition of 400 North Broad and 1501 Callowhill, currently serving as police headquarters and other City uses. The measure approves Authority debt and commits the City to Service Fee payments over the financing term.

Status
PENDING
Document date
June 4, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Philadelphia Municipal Authority
Agency
City of Philadelphia · PA

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract type
FINANCIAL_SERVICES
Contract term
service agreement term tied to bond financing (unspecified)
Renewal
City covenants to appropriate funds annually for Service Fee and other payments under the Service Agreement for the life of the financing.
Document type
Minutes
Source document
City of Philadelphia City Council Meeting Minutes 2026-06-04

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of Philadelphia?

Philadelphia Municipal Authority was awarded this financial services contract by City of Philadelphia, as recorded on June 4, 2026.

What type of contract is this?

This is a Financial Services contract, documented as a minutes record.

Where was this contract approved?

This contract appears in City of Philadelphia City Council Meeting Minutes 2026-06-04 (Minutes), dated June 4, 2026 from City of Philadelphia. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Philadelphia Municipal Authority hold?

Philadelphia Municipal Authority may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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