Section 4. Special ramp provision.
(a) General rule.--No portion of the ramp and interchange improvements itemized in section 3(44)(iii) shall be constructed or funded until such time as the entity is created and agreements are executed as provided in subsections (b) and (c) and the Department of Transportation enters into an agreement with neighborhood organizations representing Queen Village, Society Hill and Pennsport. The agreement with said neighborhood organizations shall include all of the following provisions:
(1) Prohibit the I-95 cover from being demised or used for retail or commercial purposes without the specific written approval of all of the organizations representing Queen Village, Society Hill and Pennsport.
(2) Require the closing and removal of the northbound I-95 ramp exiting on Tasker Street contemporaneous with the opening of the ramp and interchange improvements specified in section 3(44)(iii).
(3) Require the Department of Transportation to periodically make and publicize truck and traffic pattern studies in Society Hill, Queen Village and Pennsport, and, if such studies show a detrimental effect to the community, require the Department of Transportation to provide a prompt response appropriate to the detrimental effect.
(4) Require the Department of Transportation to publish during design and construction of said ramp and interchange improvements a monthly newsletter in the communities affected by the ramp and interchange improvements on the status of construction, its impact on traffic patterns and other information related to the construction that could be helpful to residents of the area.
(b) Establishment and membership of corporation.--There shall be a nonprofit corporation herein referred to as the Philadelphia Interstate Land Management Corporation (ILMC) established with a board of directors consisting of two persons appointed by the Secretary of Transportation of the Commonwealth, two persons appointed by the Mayor of the City of Philadelphia, one person selected by the Philadelphia Chamber of Commerce, the State Senator from the senatorial district in which the project is located, or his designee, a member of the House of Representatives, alternating annually among the representatives of the area in which the project is located beginning with the representative representing the district with the lowest numbered district, and two persons selected by the communities most directly affected by the ramp and interchange improvements.
(c) Responsibility of corporation.--The Philadelphia Interstate Land Management Corporation (ILMC) shall be solely responsible for the marketing for leasing purposes of certain portions of I-95 and Vine Street rights-of-way in Philadelphia and for maintaining said rights-of-way pursuant to a lease agreement between the Commonwealth and the City of Philadelphia, a sublease and management agreement between the City of Philadelphia and the Philadelphia Interstate Land Management Corporation (ILMC), and a contribution agreement among the Commonwealth, the City of Philadelphia and the Philadelphia Interstate Land Management Corporation (ILMC).