READ AND PASSED

The enacted bill authorizes Philadelphia to lease portions of Pennsylvania’s Interstate 95, North Delaware Avenue, and Richmond Street rights-of-way between Spring Garden Street and Allegheny Avenue, and sublease them to the Delaware River Waterfront Corporation. The agreements run for four years with possible renewals, charge one dollar per year, and assign the corporation responsibility for maintaining, operating, and policing the property, including sidewalks and removing snow, trash, and graffiti.

Authorizing the Commissioner of Public Property and the Director of Commerce, on behalf of the City of Philadelphia, to enter into a lease agreement with the Commonwealth of Pennsylvania for property within the Commonwealth of Pennsylvania's Interstate 95 right-of-way between Spring Garden Street and Allegheny Avenue, as well as certain portions of the Commonwealth of Pennsylvania's North Delaware Avenue right-of-way between Spring Garden Street and Allegheny Avenue and certain portions of the Commonwealth of Pennsylvania's Richmond Street right-of-way between Spring Garden and Allegheny Avenue, to be further subleased by the City to the Delaware River Waterfront Corporation; all under certain terms and conditions.