Baudette Coast Guard Housing Conveyance Act

To direct the Commandant of the Coast Guard to convey certain property from the United States to the City of Baudette, Minnesota. 1. Short title This Act may be cited as the Baudette Coast Guard Housing Conveyance Act 2. Conveyance of certain properties in the city of Baudette, Minnesota (a) Conveyance authorized The Commandant of the Coast Guard shall convey to the city of Baudette, Minnesota, all right, title, and interest of the United States in and to the covered property, upon payment to the United States of the fair market value of the covered property. (b) Survey The exact acreage and legal description of the covered property shall be determined by a survey satisfactory to the Commandant. (c) Fair market value The fair market value of the covered property shall be— (1) determined by a real estate appraiser— (A) selected by the city of Baudette, Minnesota; and (B) licensed to practice in Minnesota; and (2) subject to the approval of the Commandant, who, in making such approval, shall consider the requirements under subsection (g). (d) Costs of conveyance The responsibility for all reasonable and necessary costs, including real estate transaction and environmental documentation costs, associated with a conveyance under this section shall be determined by the Commandant and the city of Baudette, Minnesota. (e) Additional terms and conditions The Commandant may require such additional terms and conditions in connection with a conveyance under this section as the Commandant considers appropriate and reasonable to protect the interests of the United States. (f) Deposit of proceeds Any proceeds received by the United States from a conveyance under this section shall be deposited in the Coast Guard Housing Fund established under section 687 of title 14, United States Code. (g) Condition on use As a condition of any conveyance under this section, the Commandant shall require that all right, title, and interest in and to the covered property shall revert to the United States if the covered property or any part thereof ceases to be used for— (1) affordable housing or a purpose related to affordable housing (as defined by the city of Baudette, Minnesota, and the Commandant at the time of conveyance); or (2) infrastructure that provides a public benefit approved by the city of Baudette, Minnesota. (h) Covered property defined In this section, the term covered property (1) 416 Hamilton E #7 Baudette, MN 56623. (2) 414 Hamilton E #6 Baudette, MN 56623. (3) 412 Hamilton E #5 Baudette, MN 56623. (4) 410 Hamilton E #4 Baudette, MN 56623. (i) Expiration The authority to convey the covered property under this section shall expire on the date that is 4 years after the date of enactment of this Act. (j) Rule of construction Nothing in this section may be construed to affect or limit the application of or obligation to comply with any Federal environmental requirement, including section 120(h) of the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 ( 42 U.S.C. 9620(h) March 23, 2016 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed

Summary: Baudette Coast Guard Housing Conveyance Act (Sec. 2) This bill directs the Coast Guard to convey specified federal land (including buildings, structures, utilities, and miscellaneous facilities) in Baudette, Minnesota, to the city of Baudette, upon payment to the United States of the property's fair market value. The fair market value of the covered property must be: determined by a real estate appraiser selected by the city, and licensed to practice in Minnesota; and subject to the approval of the Coast Guard, considering specified requirements regarding use of the property. Any proceeds received by the United States from a conveyance under this Act shall be deposited in the Coast Guard Housing Fund. As a condition of any conveyance under this Act, the Coast Guard shall require that all interest in and to the covered property revert to the United States if any part of the property ceases being used for: affordable housing or a related purpose, or infrastructure providing a public benefit approved by the city. The authority to convey the covered property shall expire four years after this Act's enactment.