Section 12. Delaware River bed.
(a) The Commonwealth owns the lands within the bed of the Delaware River, a portion of which lands are located in the 5th Ward of the City of Philadelphia, commonly known as Piers No. 12 North, No. 13 North, No. 15 North, No. 19 North and No. 24 North. The Department of General Services, with the concurrence of the Department of Environmental Protection, acting on behalf of the Commonwealth, is hereby authorized to lease for an initial term of up to 99 years (the "Initial Term") land within the bed of the Delaware River in the City of Philadelphia and to extend the period for all or any portion of the leased premises for an additional term of up to 99 years (the "Renewal Term").
(b) The land to be leased is more particularly described as follows:
PARCEL NO. 1
All that certain lot or piece of land situate in the 5th Ward of the City of Philadelphia, more particularly bound and described according to a plan of ALTA/ACSM Survey of Piers 12 to 24 prepared by Barton and Martin Engineers and dated April 10, 1997, last revised July 15, 1997, as follows, to wit:
Beginning at a point on the Easterly side of Christopher Columbus Boulevard (formerly known as Delaware Avenue) (variable width), which is also the Bulkhead line of the Delaware River as reestablished by the Secretary of War on 9-10-1940, said point is located North 14 degrees 03 minutes 50 seconds East the distance of 1590 feet 5-7/8 inches from the point of intersection of the said Easterly side of Christopher Columbus Boulevard with the Northerly side of Market Street (100 feet wide) produced and running thence: North 79 degrees 38 minutes 45 seconds West the distance of 20.04 feet U.S.S. to a point; thence parallel to and 20.00 feet U.S.S. West of the Easterly side of Christopher Columbus Boulevard, North 14 degrees 03 minutes 50 seconds East the distance of 92.50 feet to a point; thence North 19 degrees 03 minutes 50 seconds East the distance of 114.74 feet to a point; thence parallel to and 10.00 feet U.S.S. West of the Easterly side of Christopher Columbus Boulevard, North 14 degrees 03 minutes 50 seconds East the distance of 239.07 feet to a point; thence still parallel to and 10.00 feet U.S.S. West of the Easterly side of Christopher Columbus Boulevard, North 20 degrees 49 minutes 28 seconds East the distance of 35.20 feet to a point; thence still parallel to and 10.00 feet U.S.S. West of the Easterly side of Christopher Columbus Boulevard, North 14 degrees 16 minutes 05 seconds East the distance of 538.69 feet to a point; thence still parallel to and 10.00 feet U.S.S. West of the Easterly side of Christopher Columbus Boulevard, North 26 degrees 39 minutes 55 seconds East the distance of 27.94 feet U.S.S. to a point; thence South 75 degrees 56 minutes 05 seconds East the distance of 10.25 feet U.S.S. to a point on the Easterly side of Christopher Columbus Boulevard, said point also being on the former Southerly side of Callowhill Street (66 feet wide, formerly 50 feet wide) produced; thence along the former Southerly side of Callowhill Street produced, South 80 degrees 10 minutes 55 seconds East the distance of 583.625 feet U.S.S., crossing the Bulkhead line of the Delaware River as reestablished by the Secretary of War on 9-10-1940, to a point on the Pierhead line of the Delaware River as reestablished by the Secretary of War on 9-10-1940; thence along the said Pierhead line of the Delaware River, South 18 degrees 29 minutes 31 seconds West the distance of 605 feet 2-1/2 inches U.S.S. to a point, said point also being the intersection of the Pierhead line of the Delaware River with the former Southerly side of Vine Street produced; still along the same, South 14 degrees 51 minutes 14 seconds West the distance of 449 feet 8-7/8 inches to a point; thence leaving the Pierhead line of the Delaware River, North 79 degrees 41 minutes 52 seconds West the distance of 542 feet 8 inches to the point and place of Beginning. Being known as Piers #s 12 - 19 North.
PARCEL NO. 2
All that certain lot or piece of land situate in the 5th Ward of the City of Philadelphia, more particularly bound and described according to a plan of ALTA/ACSM Survey of Piers 12 to 24 prepared by Barton and Martin Engineers and dated April 10, 1997, last revised July 15, 1997, as follows, to wit:
Beginning at the point of intersection of the Easterly side of Christopher Columbus Boulevard (150 feet wide) with the former southerly side of Callowhill Street (66 feet wide, formerly 50 feet wide) produced and running thence: North 75 degrees 56 minutes 05 seconds West the distance of 10.25 feet U.S.S. to a point; thence along a line parallel to and 10 feet U.S.S. distant from the Easterly side of Christopher Columbus Boulevard, North 26 degrees 39 minutes 55 seconds East the distance of 264.06 feet U.S.S. to a point; thence South 75 degrees 56 minutes 05 seconds East the distance of 10.25 feet U.S.S. to a point on the Easterly side of Christopher Columbus Boulevard; thence running along the Easterly side of Christopher Columbus Boulevard, North 26 degrees 39 minutes 55 seconds East the distance of 77.044 feet U.S.S. (North 27 degrees 52 minutes 00 seconds East, 76-10 1/4 feet in Deed) to a point; thence South 75 degrees 56 minutes 05 seconds East the distance of 530.044 feet U.S.S. (South 74 degrees 44 minutes 00 seconds East, 528 feet 8 5/8 inches in Deed), crossing the Bulkhead line of the Delaware River as reestablished by the Secretary of War on 9-10-1940, to a point on the Pierhead line of the Delaware River as reestablished by the Secretary of War on 9-10-1940; thence along the said Pierhead line of the Delaware River, South 18 degrees 29 minutes 31 seconds West the distance of 290.529 U.S.S. feet (South 19 degrees 41 minutes 36 seconds West 289 feet 9-1/2 inches in Deed) to a point on the former Southerly side of Callowhill Street produced; thence leaving the Pierhead line of the Delaware River and running along the Southerly side of Callowhill Street produced, North 80 degrees 10 minutes 55 seconds West the distance of 583.625 feet U.S.S. to the point and place of Beginning. Being known as Pier #24 North.
(c) The lease and any other documents hereby contemplated shall be approved by the Attorney General and shall be executed by the Department of General Services, with the approval of the Department of Environmental Protection, in the name of the Commonwealth. The lease shall grant the lessee the right to sublease or permit the sublease of the above-described premises for the purposes of development for residential, office, commercial, condominium, hotel, marina or other uses.
(d) The Department of General Services, with the concurrence of the Department of Environmental Protection, acting on behalf of the Commonwealth of Pennsylvania, is also specifically authorized to enter into one or more nondisturbance agreements with any sublessee of the premises described in this act pursuant to which the Commonwealth will agree that, if the Commonwealth succeeds to the interest of the sublessor under the sublease, it will not terminate the sublease unless the sublessee is in default.
(e) The Department of General Services, with the approval of the Attorney General, is hereby authorized to execute, on behalf of the Commonwealth of Pennsylvania, any declaration or other document necessary to submit these premises or any portion thereof and any improvements thereon to the provisions of 68 Pa.C.S. Part II Subpt. B (relating to condominiums) as a leasehold condominium.
(f) The Department of General Services shall lease the land within the bed of the Delaware River as described in subsection (b) upon such terms and conditions and for such consideration as it shall, with the concurrence of the Department of Environmental Protection, establish through the lease agreements.
(g) As used in this section, the term "maritime purposes" means activities directly related to the handling of cargo or passengers for import or export through the Port of Philadelphia.