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[Congressional Bills 111th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1442 Reported in Senate (RS)]

                                                       Calendar No. 300
111th CONGRESS
  2d Session
                                H. R. 1442

                          [Report No. 111-150]

_______________________________________________________________________

                   IN THE SENATE OF THE UNITED STATES

                             July 20, 2009

   Received; read twice and referred to the Committee on Energy and 
                           Natural Resources

                             March 2, 2010

              Reported by Mr. Bingaman, without amendment

_______________________________________________________________________

                                 AN ACT

 
   To provide for the sale of the Federal Government's reversionary 
  interest in approximately 60 acres of land in Salt Lake City, Utah, 
originally conveyed to the Mount Olivet Cemetery Association under the 
                        Act of January 23, 1909.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. CONVEYANCE OF FEDERAL REVERSIONARY INTEREST, MT. OLIVET 
              CEMETERY, SALT LAKE CITY, UTAH.

    (a) Conveyance Required.--If, within one year after the completion 
of the appraisal required by subsection (c), the Mount Olivet Cemetery 
Association of Salt Lake City, Utah (in this section referred to as the 
``Association''), submits to the Secretary of the Interior an offer to 
acquire the Federal reversionary interest in all of the approximately 
60 acres of land in Salt Lake City, Utah, conveyed to the Association 
under the Act of January 23, 1909 (chapter 37, 35 Stat. 589), the 
Secretary shall convey to the Association such reversionary interest in 
the lands covered by the offer. The Secretary shall complete the 
conveyance not later than 30 days after the date of the offer.
    (b) Survey.--Not later than 90 days after the date of the enactment 
of this Act, the Secretary shall complete a survey of the lands 
described in subsection (a) to determine the precise boundaries and 
acreage of the lands subject to the Federal reversionary interest.
    (c) Appraisal.--Not later than 180 days after the date of enactment 
of this Act, the Secretary shall complete an appraisal of the Federal 
reversionary interest in the lands identified by the survey in 
subsection (b). The appraisal shall be completed in accordance with the 
``Uniform Appraisal Standards for Federal Land Acquisitions'' and the 
``Uniform Standards of Professional Appraisal Practice''.
    (d) Consideration.--As consideration for the conveyance of the 
Federal reversionary interest under subsection (a), the Association 
shall pay to the Secretary an amount equal to the appraised value of 
the Federal interest, as determined under subsection (c). The 
consideration shall be paid not later than 30 days after the date the 
conveyance is made.
    (e) Costs of Conveyance.--As a condition of the conveyance under 
subsection (a), all costs associated with the conveyance under 
subsection (a), including the cost of the survey required by subsection 
(b) and the appraisal required by subsection (c), shall be paid by the 
Association.
    (f) Deposit and Use of Proceeds.--The Secretary shall deposit the 
proceeds from the conveyance under subsection (a) in the Federal Land 
Disposal Account established by section 206 of the Federal Land 
Transaction Facilitation Act (43 U.S.C. 2305). The proceeds so 
deposited shall be available to the Secretary for expenditure in 
accordance with subsection (c) of such section.
                                                       Calendar No. 300

111th CONGRESS

  2d Session

                               H. R. 1442

                          [Report No. 111-150]

_______________________________________________________________________

                                 AN ACT

   To provide for the sale of the Federal Government's reversionary 
  interest in approximately 60 acres of land in Salt Lake City, Utah, 
originally conveyed to the Mount Olivet Cemetery Association under the 
                        Act of January 23, 1909.

_______________________________________________________________________

                             March 2, 2010

                       Reported without amendment
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