Hopewell Township Investment Act of 1995

Summary: Hopewell Township Investment Act of 1995 - Requires the Administrator of General Services to convey, without compensation, certain land in Hopewell Township, Pennsylvania, to the Beaver County Corporation for Economic Development. 
Provides that such land shall revert to the United States if, in the 30-year period beginning on the conveyance date, the land is used for purposes other than economic development.

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Hopewell Township Investment Act of 
1995''.

SEC. 2. CONVEYANCE OF LAND.

    (a) Administrator of General Services.--Subject to sections 3 and 
4, the Administrator of General Services (hereinafter in this Act 
referred to as the ``Administrator'') shall convey, without 
compensation, to a nonprofit organization known as the ``Beaver County 
Corporation for Economic Development'' all right, title, and interest 
of the United States in and to those pieces or parcels of land in 
Hopewell Township, Pennsylvania, described in subsection (b), together 
with all improvements thereon and appurtenances thereto. The purpose of 
the conveyance is to provide a site for economic development in 
Hopewell Township.
    (b) Property Description.--The land referred to in subsection (a) 
is the parcel of land in the township of Hopewell, county of Beaver, 
Pennsylvania, bounded and described as follows:
            (1) Beginning at the southwest corner at a point common to 
        Lot No. 1, same plan, lands now or formerly of Frank and 
        Catherine Wutter, and the easterly right-of-way line of 
        Pennsylvania Legislative Route No. 60 (Beaver Valley 
        Expressway); thence proceeding by the easterly right-of-way of 
        Pennsylvania Legislative Route No. 60 by the following three 
        courses and distances:
                    (A) North 17 degrees, 14 minutes, 20 seconds West, 
                213.10 feet to a point.
                    (B) North 72 degrees, 45 minutes, 40 seconds East, 
                30.00 feet to a point.
                    (C) North 17 degrees, 14 minutes, 20 seconds West, 
                252.91 feet to a point; on a line dividing Lot No. 1 
                from the other part of Lot No. 1, said part now called 
                Lot No. 5, same plan; thence by last mentioned dividing 
                line, North 78 degrees, 00 minutes, 00 seconds East; 
                135.58 to a point, a cul-de-sac on Industrial Drive; 
                thence by said cul-de-sac and the southerly side of 
                Industrial Drive by the following courses and 
                distances:
                            (i) By a curve to the right having a radius 
                        of 100.00 feet for an arc distance of 243.401 
                        feet to a point.
                            (ii) Thence by a curve to the right having 
                        a radius of 100.00 feet for an arc distance of 
                        86.321 feet to a point.
                            (iii) Thence by 78 degrees, 00 minutes, 00 
                        seconds East, 777.78 feet to a point.
                            (iv) Thence, North 12 degrees, 00 minutes, 
                        00 seconds West, 74.71 feet to a point.
                            (v) Thence by a curve to the right, having 
                        a radius of 50.00 feet for an arc distance of 
                        78.54 feet to a point.
                            (vi) Thence North 78 degrees, 00 minutes, 
                        00 seconds East, 81.24 feet to a point.
                            (vii) Thence by a curve to the right, 
                        having a radius of 415.00 feet for an arc 
                        distance of 140.64 feet to a point.
                            (viii) Thence, South 82 degrees, 35 
                        minutes, 01 second East, 125.00 feet to a 
                        point.
                            (ix) Thence, South 7 degrees, 24 minutes, 
                        59 seconds West, 5.00 feet to a point.
                            (x) Thence by a curve to the right, having 
                        a radius of 320.00 feet for an arc distance of 
                        256.85 feet to a point.
                            (xi) Thence by a curve to the right having 
                        a radius of 50.00 feet for an arc distance of 
                        44.18 feet to a point on the northerly side of 
                        Airport Road.
            (2) Thence by the northerly side thereof by the following:
                    (A) South 14 degrees, 01 minute, 54 seconds West, 
                56.94 feet to a point.
                    (B) Thence by a curve to the right having a radius 
                of 225.00 feet for an arc distance of 207.989 feet to a 
                point.
                    (C) Thence South 66 degrees, 59 minutes, 45 seconds 
                West, 192.08 feet to a point on the southern boundary 
                of Lot No. 1, which line is also the line dividing Lot 
                No. 1 from lands now or formerly, of Frank and 
                Catherine Wutter.
            (3) Thence by the same, South 75 degrees, 01 minutes, 00 
        seconds West, 1,351.23 feet to a point at the place of 
        beginning.
    (c) Date of Conveyance.--The date of the conveyance of property 
required under subsection (a) shall be not later than the 90th day 
following the date of the enactment of this Act.
    (d) Conveyance Terms.--
            (1) Terms and conditions.--The conveyance of property 
        required under subsection (a) shall be subject to such terms 
        and conditions as may be determined by the Administrator to be 
        necessary to safeguard the interests of the United States. Such 
        terms and conditions shall be consistent with the terms and 
        conditions set forth in this Act.
            (2) Quitclaim deed.--The conveyance of property required 
        under subsection (a) shall be by quitclaim deed.

SEC. 3. LIMITATION ON CONVEYANCE.

    No part of any land conveyed under section 2 may be used, during 
the 30-year period beginning on the date of conveyance, for any purpose 
other than economic development.

SEC. 4. REVERSIONARY INTEREST.

    (a) In General.--The property conveyed under section 2 shall revert 
to the United States on any date in the 30-year period beginning on the 
date of such conveyance on which the property is used for a purpose 
other than economic development.
    (b) Enforcing Reversion.--The Administrator shall perform all acts 
necessary to enforce any reversion of property to the United States 
under this section.
    (c) Inventory of Public Buildings Service.--Property that reverts 
to the United States under this section shall be under the control of 
the General Services Administration.

            Passed the House of Representatives December 5, 1995.

            Attest:

                                                ROBIN H. CARLE,

                                                                 Clerk.

                              By Linda Nave,

                                                          Deputy Clerk.