IIB 

110TH CONGRESS 

1ST SESSION H. R. 1036 

IN THE SENATE OF THE UNITED STATES 

MAY 16, 2007 

Received; read twice and referred to the Committee on Environment and 

Public Works 

AN ACT 

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, 


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1 SECTION 1. CONVEYANCE OF GSA FLEET MANAGEMENT 

2 CENTER TO ALASKA RAILROAD CORPORA3 TION. 

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

5 this section, the Administrator of General Services shall 

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

7 of this Act, by quitclaim deed, to the Alaska Railroad Cor8 poration, an entity of the State of Alaska (in this section 

9 referred to as the ‘‘Corporation’’), all right, title, and in10 terest of the United States in and to the parcel of real 

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

12 Fleet Management Center. 

13 (b) GSA FLEET MANAGEMENT CENTER.—The par14 cel to be conveyed under subsection (a) is the parcel lo15 cated at the intersection of 2nd Avenue and Christensen 

16 Avenue in Anchorage, Alaska, consisting of approximately 

17 78,000 square feet of land and the improvements thereon. 

18 (c) CONSIDERATION.— 

19 (1) IN GENERAL.—As consideration for the par20 cel to be conveyed under subsection (a), the Admin21 istrator shall require the Corporation to— 

22 (A) convey replacement property in accord23 ance with paragraph (2); or 

24 (B) pay the purchase price for the parcel 

25 in accordance with paragraph (3). 


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1 (2) REPLACEMENT PROPERTY.—If the Admin2 istrator requires the Corporation to provide consider3 ation under paragraph (1)(A), the Corporation 

4 shall— 

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

6 to the United States, acting by and through the 

7 Administrator, fee simple title to real property, 

8 including a building, that the Administrator de9 termines to be suitable as a replacement facility 

10 for the parcel to be conveyed under subsection 

11 (a); and 

12 (B) provide such other consideration as the 

13 Administrator and the Corporation may agree, 

14 including payment of the costs of relocating the 

15 occupants vacating the parcel to be conveyed 

16 under subsection (a). 

17 (3) PURCHASE PRICE.—If the Administrator re18 quires the Corporation to provide consideration 

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

20 to the Administrator the fair market value of the 

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

22 its highest and best use as determined by an inde23 pendent appraisal commissioned by the Adminis24 trator and paid for by the Corporation. 


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

2 subsection (c)(3)— 

3 (1) the appraisal shall be performed by an ap4 praiser mutually acceptable to the Administrator 

5 and the Corporation; and 

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

7 terms and conditions related to the appraisal assign8 ment shall be mutually acceptable to the Adminis9 trator and the Corporation. 

10 (e) PROCEEDS.— 

11 (1) DEPOSIT.—Any proceeds received under 

12 subsection (c) shall be paid into the Federal Build13 ings Fund established under section 592 of title 40, 

14 United States Code. 

15 (2) EXPENDITURE.—Funds paid into the Fed16 eral Buildings Fund under paragraph (1) shall be 

17 available to the Administrator, in amounts specified 

18 in appropriations Acts, for expenditure for any law19 ful purpose consistent with existing authorities 

20 granted to the Administrator; except that the Ad21 ministrator shall provide to the Committee on 

22 Transportation and Infrastructure of the House of 

23 Representatives and the Committee on Environment 

24 and Public Works of the Senate 30 days advance 

25 written notice of any expenditure of the proceeds. 


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1 (f) ADDITIONAL TERMS AND CONDITIONS.—The Ad2 ministrator may require such additional terms and condi3 tions to the conveyance under subsection (a) as the Ad4 ministrator considers appropriate to protect the interests 

5 of the United States. 

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

7 exact acreage and legal description of the parcels to be 

8 conveyed under subsections (a) and (c)(2) shall be deter9 mined by surveys satisfactory to the Administrator and 

10 the Corporation. 

Passed the House of Representatives May 15, 2007. 

Attest: LORRAINE C. MILLER, 

Clerk. 


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