READ AND PASSED

The enacted ordinance authorizes Philadelphia’s Parks and Recreation Commissioner and Water Commissioner to lease the East Park Reservoir West Basin and adjacent park land to the Philadelphia Authority for Industrial Development (PAID). PAID would then sublease the property to the East Park Leadership and Conservation Center, a nonprofit formed by the Philadelphia Outward Bound Center and the National Audubon Society, under specified terms.

Authorizing the Commissioner of Parks and Recreation and the Water Commissioner, on behalf of the City of Philadelphia, to enter into a lease with the Philadelphia Authority for Industrial Development ("PAID"), under which the City would lease the East Park Reservoir West Basin and adjacent park land (the "Premises") to PAID, and pursuant to which PAID would enter into a sublease for the Premises with the East Park Leadership and Conservation Center ("EPLACC"), a Pennsylvania nonprofit corporation formed by the Philadelphia Outward Bound Center and The National Audubon Society, all under certain terms and conditions.