Section 698.25a - Economic development projects(a) Payments.--When a person other than a Commonwealth agency, as that term is defined in 62 Pa.C.S. § 103 (relating to definitions), requests the commission to acquire, lease, construct, renovate and/or equip an economic development project and to lease, sublease, sell or otherwise make available the economic development project to the person, the person shall pay the commission pursuant to the lease, sublease, contract of sale or disposition or similar agreement an amount which meets any one of the following criteria:(1) An amount which is sufficient to pay all the principal and interest on any bonds, notes or other evidences of indebtedness issued by the commission to finance the economic development project.(2) An amount which the commission finds to be reasonable in light of the economic benefits that will result from the economic development project.(3) An amount which is reasonable and proper under the circumstances.(b) Commission obligation.--A bond, note or other evidence of indebtedness issued by the commission with respect to an economic development project undertaken in accordance with subsection (a) shall not be a general obligation of the commission but rather shall be a limited obligation of the commission payable solely out of any of the following:(1) Any revenues received by the commission with respect to the economic development project, including, but not limited to, the payments received from the person under this section, and any right, title and interest of the commission in the economic development project.(2) Any reserve fund established by the commission specifically for such projects.(c) Commonwealth obligation.--The Commonwealth shall have no obligation with respect to a bond, note or other evidence of indebtedness issued by the commission, or to any other obligations of the commission, arising out of or related to an economic development project undertaken in accordance with subsection (a).(d) Construction.--The provisions of sections 5(b)(23) , 7(c) and 11(a) shall not apply to an economic development project undertaken in accordance with subsection (a). For the purposes of this section an economic development project shall mean a port facility or port-related project and shall also mean a recreation project developed upon the lands bordering or in close proximity to the waters or on the waters of the inland waterway system of the Port of Pittsburgh.1992, Dec. 14, P.L. 818, No. 133, § 5.1, added 2000, Dec. 20, P.L. 988, No. 140, § 2, effective in 60 days. Amended 2001, Dec. 17, P.L. 939, No. 111, § 2, imd. effective.