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[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[H.R. 2406 Introduced in House (IH)]

112th CONGRESS
  1st Session
                                H. R. 2406

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

_______________________________________________________________________

                    IN THE HOUSE OF REPRESENTATIVES

                              July 6, 2011

 Mr. McNerney introduced the following bill; which was referred to the 
 Committee on Oversight and Government Reform, and in addition to the 
  Committee on Transportation and Infrastructure, for a period to be 
subsequently determined by the Speaker, in each case for consideration 
  of such provisions as fall within the jurisdiction of the committee 
                               concerned

_______________________________________________________________________

                                 A BILL

 
 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)).
                                 <all>
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