The Commonwealth of Pennsylvania does hereby dedicate to the use of the public all those certain parcels or tracts of land and land covered with water, situated in the city and county of Erie in this State, described as follows, to wit:
First. The Presque Isle Peninsula.
Second. That tract beginning at the northeast corner of fifty (50) acre tract, number twenty-seven, in the third section of the town of Erie, as finally laid out and sold; thence by the north line of fifty (50) acre tracts, numbering from twenty-seven to thirty-nine inclusive, following as nearly as may be the shore of the Bay of Presque Isle, south sixty-three degrees ten minutes west nine thousand two hundred sixty-six (9,266) feet to a post, the northwest corner of fifty (50) acre tract, number thirty-nine, and the northeast corner of reserve tract, number five; thence north twenty-seven degrees fifteen minutes west (it being the east line of reserve tract, number five produced) fourteen hundred (1,400) feet, more or less, to the United States harbor line extended; thence by the United States harbor line extended north sixty-two degrees thirty-five minutes east nine thousand two hundred sixty-six (9,266) feet to a point in the United States harbor line; thence south twenty-seven degrees fifteen minutes east seventeen hundred (1,700) feet, more or less, to the place of beginning, being the water property in the Bay of Presque Isle, in front, adjoining and north of the third section of the town of Erie as originally laid out.
Third. The Canal Basins.
Fourth. All of the shores of Presque Isle Peninsula and the waters adjacent thereto, and the lands under said waters to a distance of five hundred feet out from low water mark, as well as all of that part of the Bay of Presque Isle known as Misery Bay, together with the lands thereunder and the shores thereof.
This dedication is to the end that said Presque Isle Peninsula be preserved, maintained, improved, enlarged, and forever held as a public park, to be known as Pennsylvania State Park at Erie, and the other parcels of land herein described for increasing the utility and importance of the harbor of Erie, under the control and management of the Pennsylvania State Park and Harbor Commission in conformity with the provisions of this act.
55 P.S. § 363