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[Congressional Bills 114th Congress]
[From the U.S. Government Publishing Office]
[S. 1492 Introduced in Senate (IS)]

114th CONGRESS
  1st Session
                                S. 1492

   To direct the Administrator of General Services, on behalf of the 
  Archivist of the United States, to convey certain Federal property 
   located in the State of Alaska to the Municipality of Anchorage, 
                                Alaska.

_______________________________________________________________________

                   IN THE SENATE OF THE UNITED STATES

                              June 3, 2015

 Mr. Sullivan introduced the following bill; which was read twice and 
referred to the Committee on Homeland Security and Governmental Affairs

_______________________________________________________________________

                                 A BILL

 
   To direct the Administrator of General Services, on behalf of the 
  Archivist of the United States, to convey certain Federal property 
   located in the State of Alaska to the Municipality of Anchorage, 
                                Alaska.

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

SECTION 1. REAL PROPERTY CONVEYANCE.

    (a) Definitions.--In this section:
            (1) Archivist.--The term ``Archivist'' means the Archivist 
        of the United States.
            (2) City.--The term ``City'' means the Municipality of 
        Anchorage, Alaska.
    (b) Conveyance.--As soon as practicable after the date of enactment 
of this Act and after completion of the survey and appraisal described 
in this section, the Administrator of General Services, on behalf of 
the Archivist, shall convey to the City by quitclaim deed for the 
consideration described in subsection (d), all right, title, and 
interest of the United States in and to a parcel of real property 
described in subsection (c).
    (c) Legal Description of Property.--
            (1) In general.--The parcel to be conveyed under subsection 
        (b) consists of approximately 9 acres and improvements located 
        at 400 East Fortieth Avenue in the City that is administered by 
        the National Archives and Records Administration.
            (2) Survey required.--As soon as practicable after the date 
        of enactment of this Act, the exact acreage and legal 
        description of the real property to be conveyed under 
        subsection (b) shall be determined by a survey, paid for by the 
        City, that is satisfactory to the Archivist.
    (d) Terms and Conditions.--
            (1) Consideration.--
                    (A) In general.--As consideration for the 
                conveyance of the property under subsection (b), the 
                City shall pay to the Archivist an amount not less than 
                the fair market value of the conveyed property, to be 
                determined as provided in subparagraph (B).
                    (B) Appraisal.--The fair market value of the 
                property to be conveyed under subsection (b) shall be 
                determined based on an appraisal that--
                            (i) is conducted by a licensed, independent 
                        appraiser that is approved by the Archivist and 
                        the City;
                            (ii) is based on the highest and best use 
                        of the property;
                            (iii) is approved by the Archivist; and
                            (iv) is paid for by the City.
            (2) Preconveyance entry.--The Archivist, on terms and 
        conditions the Archivist determines to be appropriate, may 
        authorize the City to enter the property at no charge for 
        preconstruction and construction activities.
            (3) Additional terms and conditions.--The Archivist may 
        require additional terms and conditions in connection with the 
        conveyance under subsection (b) as the Archivist considers 
        appropriate to protect the interests of the United States.
                                 <all>
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