A bill to direct the Secretary of Agriculture to convey certain Federally owned land located in Story County, Iowa.

SECTION 1. PURPOSES AND DEFINITIONS.

    (a) Purposes.--The purposes of this Act are--
            (1) to direct the conveyance of approximately 44 acres, 
        more or less, of federally owned land administered by the 
        Agricultural Research Service to the City of Ames, Iowa; and
            (2) to authorize the use of the funds derived from the 
        conveyance to purchase replacement land and for other purposes 
        relating to the National Animal Disease Center.
    (b) Definitions.--In this Act:
            (1) City.--The term ``City'' means the City of Ames, Iowa, 
        and its assigns.
            (2) Property.--The term ``Property'' means approximately 44 
        acres, more or less, of the federally owned land comprising 
        part of the National Animal Disease Center, which--
                    (A) was acquired by the United States in 1951 
                within sec. 1, T. 83 N., R. 24 W., Fifth Principal 
                Meridian; and
                    (B) is generally located on 13th Street in the 
                City.
            (3) Secretary.--The term ``Secretary'' means the Secretary 
        of Agriculture.

SEC. 2. PROPERTY CONVEYANCE.

    (a) In General.--On receipt of the consideration and cost 
reimbursement provided in this Act, the Secretary shall convey and 
quitclaim to the City, all rights, title, and interests of the United 
States in the Property subject to easements and rights of record and 
such other reservations, terms, and conditions as the Secretary may 
prescribe.
    (b) Consideration.--
            (1) In general.--As consideration for the conveyance 
        authorized by this Act, the City shall pay to the Secretary an 
        amount in cash equal to the market value of the Property.
            (2) Appraisal.--
                    (A) In general.--To determine the market value of 
                the Property, the Secretary shall have the Property 
                appraised for the highest and best use of the Property 
                in conformity with the Uniform Appraisal Standards for 
                Federal Land Acquisitions developed by the Interagency 
                Land Acquisition Conference.
                    (B) Requirements.--The appraisal shall be subject 
                to review and approval by the Secretary, and the 
                approved appraisal shall at all times be the Property 
                of the United States.
    (c) Corrections.--With the agreement of the City, the Secretary may 
make minor corrections or modifications to the legal description of the 
Property or configure the Property to facilitate conveyance.
    (d) Costs.--
            (1) In general.--Except as provided in paragraph (2), the 
        City shall at closing pay or reimburse the Secretary, as 
        appropriate, for the reasonable transaction and administrative 
        costs incurred by the Secretary associated with the conveyance 
        authorized by this Act, including personnel costs directly 
        attributable to the transaction, and the transactional costs of 
        appraisal, survey, title review, hazardous substances 
        examination, and closing costs.
            (2) Attorneys' fees.--The City and the Secretary shall each 
        bear their own attorneys' fees.
    (e) Hazardous Materials.--
            (1) In general.--For the conveyance authorized by this Act, 
        the Secretary shall meet disclosure requirements for hazardous 
        substances, but shall otherwise not be required to remediate or 
        abate those substances or any other hazardous pollutants, 
        contaminants, or waste that might be present on the Property at 
        the time of closing.
            (2) Lead-based paint or asbestos-containing building 
        materials.--
                    (A) In general.--Notwithstanding any provision of 
                law relating to the mitigation or abatement of lead-
                based paint or asbestos-containing building materials 
                and except as provided in subparagraph (B), the 
                Secretary shall not be required to mitigate or abate 
                any lead-based paint or asbestos-containing building 
                materials present on the Property at the time of 
                closing.
                    (B) Requirements.--If the Property has lead-based 
                paint or asbestos-containing building materials, the 
                Secretary shall--
                            (i) provide notice to the City of the 
                        presence of the lead-based paint or asbestos-
                        containing building materials; and
                            (ii) obtain written assurance from the City 
                        that the City will comply with applicable 
                        Federal, State, and local laws relating to the 
                        management of the lead-based paint and 
                        asbestos-containing building materials.
    (f) Other Terms.--The Secretary and the City may agree on such 
additional terms as may be mutually acceptable and that are not 
inconsistent with the provisions of this Act.

SEC. 3. RECEIPTS.

    (a) In General.--The Secretary shall deposit all funds received 
from the conveyance authorized under this Act, including the market 
value consideration and the reimbursement for costs, into the Treasury 
of the United States to be credited to the appropriation for the 
Agricultural Research Service.
    (b) Use of Funds.--Notwithstanding any limitation in applicable 
appropriation Acts for the Department of Agriculture or the 
Agricultural Research Service, all funds deposited into the Treasury 
pursuant to subsection (a) shall--
            (1) be available to the Secretary until expended, without 
        further appropriation, for the acquisition of land and 
        interests in land and other related purposes of the National 
        Animal Disease Center; and
            (2) be considered to authorize the acquisition of land for 
        the purposes of section 11 of the Act of August 3, 1956 (7 
        U.S.C. 428a).

Summary: Requires conveyance of approximately 44 acres of federally owned land administered by the Agricultural Research Service which comprises part of the National Animal Disease Center in the city of Ames, Iowa, to the city of Ames and its assigns. Requires the city: (1) to pay to the Secretary of Agriculture (USDA) the market value of the property, to be determined by an appraisal. And (2) at closing, to pay or reimburse the reasonable transaction and administrative costs associated with the conveyance incurred by the Secretary. Requires the city and the Secretary to bear their own attorneys fees. Requires the Secretary to meet disclosure requirements for hazardous substances, but to otherwise not be required to remediate or abate such substances or any other hazardous pollutants, contaminants, or waste that might be present on the property at the time of closing.