READ AND PASSED

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.