Economic Development Through Tribal Land Exchange Act

To provide for certain land to be taken into trust for the benefit of the Morongo Band of Mission Indians, and for other purposes. 1. Short title This Act may be cited as the Economic Development Through Tribal Land Exchange Act 2. Definitions In this Act: (1) City The term City (2) Fields The term Fields (3) Map The term map Morongo Indian Reservation, County of Riverside, State of California Land Exchange Map (4) Parcel A The term Parcel A Fields lands (5) Parcel B The term Parcel B Morongo lands (6) Parcel C The term Parcel C Banning land (7) Parcel D The term Parcel D Easement to Banning (8) Secretary The term Secretary (9) Tribe The term Tribe 3. Transfer of land; trust land; easement (a) Transfer of Parcel A and Parcel B and easement over Parcel D Subject to any valid existing rights of any third parties and to legal review and approval of the form and content of any and all instruments of conveyance and policies of title insurance, on receipt by the Secretary of confirmation that Fields has duly executed and deposited with a mutually acceptable and jointly instructed escrow holder in California a deed conveying clear and unencumbered title to Parcel A to the United States in trust for the exclusive use and benefit of the Tribe, and on receipt by Fields of confirmation that the Secretary has duly executed and deposited into escrow with that mutually acceptable and jointly instructed escrow holder a patent conveying clear and unencumbered title in fee simple to Parcel B to Fields and has duly executed and deposited into escrow with that mutually acceptable and jointly instructed escrow holder an easement to the City for a public right-of-way over Parcel D, the Secretary shall instruct the escrow holder to simultaneously cause— (1) the patent to Parcel B to be recorded and issued to Fields; (2) the easement over Parcel D to be recorded and issued to the City; and (3) the deed to Parcel A to be delivered to the Secretary, who shall immediately cause the deed to Parcel A to be recorded and held in trust for the Tribe. (b) Transfer of Parcel C After completion of the transfers under subsection (a) and as soon as practicable after receipt by the Secretary of confirmation that the City has vacated the interest of the City in Parcel C in accordance with all applicable State and local laws, the Secretary shall cause Parcel C to be held in trust for the Tribe subject to— (1) any valid existing rights of any third parties; and (2) legal review and approval of the form and content of any and all instruments of conveyance.

Summary: Economic Development Through Tribal Land Exchange Act - Requires the Secretary of the Interior, upon receipt of confirmation that Lloyd L. Fields has executed and deposited with an escrow holder in California a deed conveying title to certain lands designated on the Morongo Indian Reservation, County of Riverside, State of California Land Exchange Map (dated May 22, 2014) as "Fields lands" to the United States in trust for the exclusive use and benefit of the Morongo Band of Mission Indians, and upon receipt by Fields of confirmation that the Secretary has executed and deposited with such escrow holder a patent conveying title to lands designated as "Morongo lands" to Fields and a specified easement to the city of Banning in Riverside County in California for a public right-of-way, to instruct such escrow holder to cause: (1) the patent to the Morongo lands to be recorded and issued to Fields, (2) such easement to be recorded and issued to the city, and (3) the deed to the Fields lands to be delivered to the Secretary. Instructs the Secretary, after completion of such transfers and as soon as practicable after receipt of confirmation that the city has vacated its interest in land designated as "Banning land," to cause such land to be held in trust for the Tribe subject to: (1) any valid existing rights of any third parties, and (2) legal review and approval of the form and content of all instruments of conveyance.