Section 1. Conveyance to Philadelphia Authority for Industrial Development, Tract 1, City of Philadelphia.
(a) Authorization.--The Department of General Services, with the approval of the Governor, is hereby authorized and directed on behalf of the Commonwealth of Pennsylvania to quitclaim to the Philadelphia Authority for Industrial Development for $1 any interest it may have in certain lands situate in the 39th Ward of the City of Philadelphia described in subsection (b).
(b) Description.--The lands to be quitclaimed pursuant to subsection (a) consist of 52.78 acres more particularly described as follows:
ALL THAT CERTAIN land located in the City of Philadelphia, Commonwealth of Pennsylvania, that is river-bed that was made fast land by having fill placed upon it, a general description based upon paper survey as follows to wit:
Beginning at a point measured the sixteen (16) following courses and distances from the intersection of the easterly side of Broad Street (at 300 feet wide) with the southwesterly side of Pattison Avenue (at 120 feet wide):
1. Southwesterly along the easterly side of Broad Street, 2,527.57 feet to a point;
2. Southeasterly at right angles to said Broad Street, 37 feet to a drill hole set, a corner for the said lands now or formerly of Consolidated Rail Corporation; (courses 3 through 8 along the southerly side of lands now or formerly of Consolidated Rail Corporation);
3. South 75 degrees 30 minutes 00 seconds East, 3.00 feet to a drill hole set;
4. South 76 degrees 31 minutes 21 seconds East 229.54 feet to an iron pin set;
5. South 68 degrees 33 minutes 21 seconds East, 284.65 feet to an iron pin set;
6. South 63 degrees 50 minutes 26 seconds East, 341 feet to an iron pin set;
7. Southeasterly by a curve to the left having a radius of 2,287.44 feet, and an arc length of 730.03 feet to an iron pin set, said point being distant by a chord of South 72 degrees 59 minutes 00 seconds East, 726.93 feet from last described point;
8. South 82 degrees 07 minutes 34 seconds East 1,741.91 feet;
9. South 76 degrees 03 minutes 40 seconds East, 6093.91 feet;
10. South 60 degrees 56 minutes 20 seconds West, 1,240.00 feet
11. South 73 degrees 56 minutes 20 seconds West, 470.00 feet;
12. North 66 degrees 33 minutes 40 seconds West, 340.00 feet;
13. North 84 degrees 33 minutes 40 seconds West, 1,470.00 feet;
14. North 75 degrees 03 minutes 40 seconds West, 920.00 feet;
15. North 82 degrees 18 minutes 40 seconds West, 910.00 feet;
16. North 66 degrees 48 minutes 40 seconds West, 414.28 feet to the place of beginning.
Thence from the said point of Beginning, the nine (9) following described courses and distances;
1. South 00 degrees 00 minutes 00 seconds West 618.53 feet;
2. North 67 degrees 26 minutes 48 seconds West, 1,040.00 feet;
3. North 62 degrees 56 minutes 04 seconds West, 2,375.00 feet;
4. North 78 degrees 41 minutes 48 seconds West, 500.00 feet;
5. North 82 degrees 35 minutes 18 seconds West, 475.00 feet;
6. North 13 degrees 11 minutes 20 seconds East, 550.00 feet;
7. North 87 degrees 40 minutes 20 seconds East, 386.51 feet;
8. South 65 degrees 18 minutes 40 seconds East, 2,154.00 feet;
9. South 66 degrees 48 minutes 40 seconds East, 1705.72 feet to the point of beginning.
(c) Easements.--The quitclaim conveyance shall be made under and subject to all lawful and enforceable easements, servitudes and rights of others, all as may appear of record, including, but not confined to, streets, roadways and rights of any telephone, telegraph, water, electric, gas or pipeline companies, as well as under and subject to any lawful and enforceable estates or tenancies vested in third persons, all as may appear of record, for any portion of the land or improvements erected thereon.
(d) Deed.--The quitclaim deed shall contain a clause requiring that, after receipt of the quitclaim deed, the Philadelphia Authority for Industrial Development shall, promptly after the request of any prior grantee from the Philadelphia Authority for Industrial Development, quitclaim portions of, or rights in, the lands conveyed herein to any entity claiming such portions thereof or rights therein, including, but not confined to, fee ownership, easements, rights of way or other estates or tenancies, resulting from a prior grant or conveyance by the Philadelphia Authority for Industrial Development to such entity based upon any conveyance from the United States of America to the Philadelphia Authority for Industrial Development.
(e) Costs and fees.--Costs and fees incidental to this conveyance shall be borne by the grantee.
(f) Deed execution.--The deed of conveyance authorized by this section shall be approved as provided by law and shall be executed by the Secretary of General Services in the name of the Commonwealth of Pennsylvania.