Section 2. (a) Such leases may be made with industrial tenants or nonprofit industrial development corporations.
(b) The department in securing tenants shall cooperate fully with the Department of Commerce.
(c) Every such lease entered into shall conform in general to the terms of the standard industrial lease used by the department and approved by the Attorney General. Every such lease shall otherwise than as in this act prescribed be upon such terms and conditions as the Secretary of Forests and Waters deems in the best interest of the Commonwealth. However, all paved roads through the Quehanna project shall remain open to the general public use.
(d) Any such lease may permit the tenant to alter or expand, at its own expense and with the approval of the department first obtained, in writing, existing buildings to meet the requirements of its particular industrial operation. ((d) amended Dec. 10, 1968, P.L.1161, No.366)
(e) Every such lease shall provide for the deposit of industrial floor space rentals and sewage and water rentals in a restricted receipts fund, from which the department may draw moneys for use in maintaining, repairing, and altering the buildings and grounds including all equipment, fixtures and facilities appurtenant thereto and including the repairing, clearing, maintaining, replacing, altering and expanding of all roads, roadways and highways now existing and hereafter constructed; developing, operating and maintaining the water and sewage disposal facilities, and replacing machinery, equipment and fixtures appurtenant thereto, at aforesaid Quehanna. Said restricted receipts fund shall be audited two years from the effective date of this act and at two-year intervals thereafter, with any residue appearing in said fund at the end of each auditing period to be deposited in the General Fund. ((e) amended Dec. 10, 1968, P.L.1161, No.366)
Compiler's Note: The Department of Commerce, referred to in
subsec. (b), was renamed the Department of Community and
Economic Development by Act 58 of 1996.