II 

110TH CONGRESS 

1ST SESSION S. 1552 

To authorize the Administrator of General Services to convey a parcel of 

real property to the Alaska Railroad Corporation. 

IN THE SENATE OF THE UNITED STATES 

JUNE 5, 2007 

Ms. MURKOWSKI introduced the following bill; which was read twice and 

referred to the Committee on Environment and Public Works 

A BILL 

To authorize the Administrator of General Services to convey 

a parcel of real property to the Alaska Railroad Corporation. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. CONVEYANCE OF GSA FLEET MANAGEMENT 

4 CENTER TO ALASKA RAILROAD CORPORA5 TION. 

6 (a) IN GENERAL.—Subject to the requirements of 

7 this section, the Administrator of General Services shall 

8 convey, not later than 2 years after the date of enactment 

9 of this Act, by quitclaim deed, to the Alaska Railroad Cor10 poration, an entity of the State of Alaska (in this section 


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1 referred to as the ‘‘Corporation’’), all right, title, and in2 terest of the United States in and to the parcel of real 

3 property described in subsection (b), known as the GSA 

4 Fleet Management Center. 

5 (b) GSA FLEET MANAGEMENT CENTER.—The par6 cel to be conveyed under subsection (a) is the parcel lo7 cated at the intersection of 2nd Avenue and Christensen 

8 Avenue in Anchorage, Alaska, consisting of approximately 

9 78,000 square feet of land and the improvements thereon. 

10 (c) CONSIDERATION.— 

11 (1) IN GENERAL.—As consideration for the par12 cel to be conveyed under subsection (a), the Admin13 istrator shall require the Corporation to— 

14 (A) convey replacement property in accord15 ance with paragraph (2); or 

16 (B) pay the purchase price for the parcel 

17 in accordance with paragraph (3). 

18 (2) REPLACEMENT PROPERTY.—If the Admin19 istrator requires the Corporation to provide consider20 ation under paragraph (1)(A), the Corporation 

21 shall— 

22 (A) convey, and pay the cost of conveying, 

23 to the United States, acting by and through the 

24 Administrator, fee simple title to real property, 

25 including a building, that the Administrator deVerDate Aug 31 2005 22:16 Jun 06, 2007 Jkt 059200 PO 00000 Frm 00002 Fmt 6652 Sfmt 6201 E:\BILLS\S1552.IS S1552

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1 termines to be suitable as a replacement facility 

2 for the parcel to be conveyed under subsection 

3 (a); and 

4 (B) provide such other consideration as the 

5 Administrator and the Corporation may agree, 

6 including payment of the costs of relocating the 

7 occupants vacating the parcel to be conveyed 

8 under subsection (a). 

9 (3) PURCHASE PRICE.—If the Administrator re10 quires the Corporation to provide consideration 

11 under paragraph (1)(B), the Corporation shall pay 

12 to the Administrator the fair market value of the 

13 parcel to be conveyed under subsection (a) based on 

14 its highest and best use as determined by an inde15 pendent appraisal commissioned by the Adminis16 trator and paid for by the Corporation. 

17 (d) APPRAISAL.—In the case of an appraisal under 

18 subsection (c)(3)— 

19 (1) the appraisal shall be performed by an ap20 praiser mutually acceptable to the Administrator 

21 and the Corporation; and 

22 (2) the assumptions, scope of work, and other 

23 terms and conditions related to the appraisal assign24 ment shall be mutually acceptable to the Adminis25 trator and the Corporation. 


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1 (e) PROCEEDS.— 

2 (1) DEPOSIT.—Any proceeds received under 

3 subsection (c) shall be paid into the Federal Build4 ings Fund established under section 592 of title 40, 

5 United States Code. 

6 (2) EXPENDITURE.—Amounts paid into the 

7 Federal Buildings Fund under paragraph (1) shall 

8 be available to the Administrator upon deposit for 

9 expenditure for any lawful purpose consistent with 

10 existing authorities granted to the Administrator; 

11 except that the Administrator shall provide to the 

12 Committee on Transportation and Infrastructure of 

13 the House of Representatives and the Committee on 

14 Environment and Public Works of the Senate 30 

15 days advance written notice of any expenditure of 

16 the proceeds. 

17 (f) ADDITIONAL TERMS AND CONDITIONS.—The Ad18 ministrator may require such additional terms and condi19 tions to the conveyance under subsection (a) as the Ad20 ministrator considers appropriate to protect the interests 

21 of the United States. 

22 (g) DESCRIPTION OF PROPERTY AND SURVEY.—The 

23 exact acreage and legal description of the parcels to be 

24 conveyed under subsections (a) and (c)(2) shall be deterVerDate Aug 31 2005 22:16 Jun 06, 2007 Jkt 059200 PO 00000 Frm 00004 Fmt 6652 Sfmt 6201 E:\BILLS\S1552.IS S1552

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1 mined by surveys satisfactory to the Administrator and 

2 the Corporation. 

Æ 


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