```

[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 1302 Enrolled Bill (ENR)]

        S.1302

                      One Hundred Twelfth Congress

                                 of the

                        United States of America

                          AT THE SECOND SESSION

          Begun and held at the City of Washington on Tuesday,
            the third day of January, two thousand and twelve

                                 An Act

 
To authorize the Administrator of General Services to convey a parcel of 
        real property in Tracy, California, to the City of Tracy.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,
SECTION 1. CONVEYANCE OF PARCEL, TRACY, CALIFORNIA.
    (a) Definitions.--In this section:
        (1) Administrator.--The term ``Administrator'' means the 
    Administrator of General Services.
        (2) City.--The term ``City'' means the city of Tracy, 
    California.
        (3) Parcel.--
            (A) In general.--The term ``Parcel'' means the 
        approximately 150 acres conveyed to the City for educational or 
        recreational purposes pursuant to section 140 of division C of 
        Public Law 105-277 (112 Stat. 2681-599; 113 Stat. 104; 118 
        Stat. 335).
            (B) Exclusions.--The term ``Parcel'' does not include the 
        approximately 50 acres conveyed to the City for economic 
        development, in which the United States retains no reversionary 
        interest, pursuant to section 140 of division C of Public Law 
        105-277 (112 Stat. 2681-599; 113 Stat. 104; 118 Stat. 335).
    (b) Conveyance.--
        (1) In general.--Notwithstanding subsections (c) through (f) of 
    section 140 of division C of Public Law 105-277 (112 Stat. 2681-
    599; 113 Stat. 104; 118 Stat. 335) and subject to subsection (c), 
    the Administrator may offer to enter into a binding agreement with 
    the City, as soon as practicable, but not later than 180 days after 
    the date of enactment of this Act, under which the Administrator 
    may convey to the City, through a deed of release or other 
    appropriate instrument, any reversionary interest retained by the 
    United States in the Parcel, and all other terms, conditions, 
    reservations, and restrictions imposed, in connection with the 
    conveyance of the Parcel.
        (2) Survey.--For purposes of paragraph (1), the exact acreage 
    and legal description of the Parcel shall be determined by a survey 
    that is satisfactory to the Administrator.
    (c) Consideration.--
        (1) In general.--As consideration for the conveyance under 
    subsection (b), the City shall pay to the Administrator an amount 
    not less than the appraised fair market value of the Parcel, as 
    determined by the Administrator pursuant to an appraisal conducted 
    by a licensed, independent appraiser, based on the highest and best 
    use of the Parcel, as determined by the Administrator.
        (2) Treatment.--The determination of the Administrator under 
    paragraph (1) regarding the fair market value of the Parcel shall 
    be final.
    (d) Cost of Conveyance.--The City shall be responsible for 
reimbursing the Administrator for the costs associated with 
implementing this section, including the costs of each applicable 
appraisal and survey.
    (e) Proceeds.--
        (1) Deposit.--The net proceeds from the conveyance under this 
    section shall be deposited in the Federal Buildings Fund 
    established by section 592(a) of title 40, United States Code.
        (2) Expenditure.--The amounts deposited in the Federal 
    Buildings Fund under paragraph (1) shall be available to the 
    Administrator, in amounts specified in appropriations Acts, for 
    expenditure for any lawful purpose consistent with the authority of 
    the Administrator.
    (f) Additional Terms and Conditions.--The Administrator may 
establish such additional terms and conditions in connection with the 
conveyance under subsection (b) as the Administrator considers to be 
appropriate to protect the interests of the United States.
    (g) No Effect on Compliance With Environmental Laws.--Nothing in 
this Act or any amendment made by this Act affects or limits the 
application of or obligation to comply with any environmental law, 
including section 120(h) of the Comprehensive Environmental Response, 
Compensation, and Liability Act of 1980 (42 U.S.C. 9620(h)).

                               Speaker of the House of Representatives.

                            Vice President of the United States and    
                                               President of the Senate.
```