previous written consent of Grantee, which consent shall 
not be unreasonably withheld. The terms, covenants and 
conditions of this Grant of Easement shall bind and inure 
to the benefit of the successors and assigns of Grantor 
and the successors and assigns of Grantee.’’. 
SEC. 5. RIGHT OF FIRST OFFER FOR SUBSEQUENT CONVEY-
ANCE OF FEDERAL LAND. 
(a) RIGHT OF FIRST OFFER.—As a condition on the 
conveyance of the Federal land under section 3 and its 
reconveyance to the Sequoia Council of the Boy Scouts 
of America, as required by section 3(d)(1), the Secretary 
shall require that the Council agree to provide the owner 
of the easement granted under section 4 the right of first 
offer to obtain the Federal land, or any portion thereof, 
that the Council ever proposes to sell, transfer, or other-
wise convey. 
(b) NOTICE AND OFFER.—If the Council proposes to 
sell, transfer, or otherwise convey the Federal land or a 
portion thereof, the Council shall give the easement owner 
written notice specifying the terms and conditions on 
which the conveyance is proposed and offering to convey 
to the easement owner, on the same terms and conditions, 
the Federal land or the portion thereof proposed for con-
veyance. 
VerDate Aug 31 2005 
23:39 Apr 20, 2006
Jkt 049200
PO 00000
Frm 00008
Fmt 6652
Sfmt 6401
E:\BILLS\H409.RS
H409
ycherry on PROD1PC64 with BILLS
(c) ACCEPTANCE OR REJECTION OF OFFER.—Within 
90 days after the easement owner receives the notice re-
quired by subsection (b) and all available documents nec-
essary to perform reasonable due diligence on the pro-
posed conveyance, the easement owner shall either accept 
or reject the offer. If the easement owner accepts the offer, 
the closing of the sale shall be governed by the terms of 
the offer in the notice. 
(d) EFFECT
OF REJECTION.—If the hydropower 
easement owner rejects an offer under subsection (b) or 
fails to respond to the offer before the expiration of the 
90-day period provided in subsection (c), the Council may 
convey the property covered by the notice to any other per-
son on the same terms and conditions specified in the no-
tice. If those terms and conditions are subsequently al-
tered in any way, then the notice and offer shall again 
be made to the easement owner under subsection (b). The 
rejection by the easement owner of one or more of such 
offers shall not affect its right of first offer as to any other 
proposed conveyance by the Council. 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Sierra National Forest 
Land Exchange Act of 2006’’. 
SEC. 2. DEFINITIONS. 
In this Act: 
VerDate Aug 31 2005 
23:39 Apr 20, 2006
Jkt 049200
PO 00000
Frm 00009
Fmt 6652
Sfmt 6203
E:\BILLS\H409.RS
H409
ycherry on PROD1PC64 with BILLS
(1) COUNCIL.—The term ‘‘Council’’ means the 
Sequoia Council of the Boy Scouts of America. 
(2) FEDERAL LAND.—The term ‘‘Federal land’’ 
means the parcel of land comprising 160 acres and 
located in E1⁄2SW1⁄4 and W1⁄2SE1⁄4, sec. 30, T. 9 S., 
R. 25 E., Mt. Diablo Meridian, California. 
(3) NON-FEDERAL LAND.—The term ‘‘non-Fed-
eral land’’ means a parcel of land comprising ap-
proximately 80 acres and located in N1⁄2NW1⁄4, sec. 
29, T. 8 S., R. 26 E., Mt. Diablo Meridian, Cali-
fornia. 
(4) PROJECT NO. 67.—The term ‘‘Project No. 67’’ 
means the hydroelectric project licensed pursuant to 
the Federal Power Act (16 U.S.C. 791a et seq.) as 
Project No. 67. 
(5) SECRETARY.—The term ‘‘Secretary’’ means 
the Secretary of Agriculture. 
SEC. 3. LAND EXCHANGE, SIERRA NATIONAL FOREST, CALI-
FORNIA. 
(a) EXCHANGE AUTHORIZED.— 
(1) IN GENERAL.—If, during the 1-year period 
beginning on the date of enactment of this Act, the 
owner of the non-Federal land offers to convey to the 
United States title to the non-Federal land and to 
make a cash equalization payment of $50,000 to the 
VerDate Aug 31 2005 
23:39 Apr 20, 2006
Jkt 049200
PO 00000
Frm 00010
Fmt 6652
Sfmt 6203
E:\BILLS\H409.RS
H409
ycherry on PROD1PC64 with BILLS
United States, the Secretary shall convey to the owner 
of the non-Federal land, all right, title, and interest 
of the United States in and to the Federal land, ex-
cept as provided in subsection (d), subject to valid ex-
isting rights, and under such terms and conditions as 
the Secretary may require. 
(2) CORRECTION AND MODIFICATION OF LEGAL 
DESCRIPTIONS.— 
(A) IN GENERAL.—The Secretary, in con-
sultation with the owner of the non-Federal land, 
may agree to make corrections to the legal de-
scriptions of the Federal land and non-Federal 
land. 
(B) MODIFICATIONS.—The Secretary and 
the owner of the non-Federal land may agree to 
make minor modifications to the legal descrip-
tions if the modifications do not affect the overall 
value of the exchange by more than 5 percent. 
(b) VALUATION OF LAND TO BE CONVEYED.—For pur-
poses of this section, during the period referred to in sub-
section (a)(1)— 
(1) the value of the non-Federal land shall be 
considered to be $200,000; and 
(2) the value of the Federal land shall be consid-
ered to be $250,000. 
VerDate Aug 31 2005 
23:39 Apr 20, 2006
Jkt 049200
PO 00000
Frm 00011
Fmt 6652
Sfmt 6203
E:\BILLS\H409.RS
H409
ycherry on PROD1PC64 with BILLS