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security at the new facilities constructed pursu-
ant to subsection (a).
(2) FAIR MARKET VALUE LIMITATION.—The con-
sideration provided by the Secretary under paragraph
(1) may not exceed the fair market value of the prop-
erty transferred by the Administrator under sub-
section (a).
(c) ADMINISTRATION OF TRANSFERRED PROPERTY.—
Upon completion of the transfer under subsection (a), the
transferred property shall be administered by the Secretary
as a part of Fort Belvoir, Virginia.
(d) DESCRIPTION OF PROPERTY.—The exact acreage
and legal description of the property or properties to be con-
veyed under this section shall be determined by surveys sat-
isfactory to the Administrator and the Secretary.
(e) STATUS REPORT.—Not later than November 30,
2007, the Administrator and the Secretary shall jointly sub-
mit to the congressional defense committees a report on the
status and estimated costs of the transfer under subsection
(a).
SEC. 2854. LAND CONVEYANCE, LEWIS AND CLARK UNITED
STATES ARMY RESERVE CENTER, BISMARCK,
NORTH DAKOTA.
(a) CONVEYANCE AUTHORIZED.—The Secretary of the
Army may convey, without consideration, to the United
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Tribes Technical College all right, title, and interest of the
United States in and to a parcel of real property, including
improvements thereon, consisting of approximately 2 acres
located at the Lewis and Clark United States Army Reserve
Center, 3319 University Drive, Bismarck, North Dakota,
for the purpose of supporting Native American education
and training.
(b) REVERSIONARY INTEREST.—
(1) IN GENERAL.—Subject to paragraph (2), if
the Secretary determines at any time that the real
property conveyed under subsection (a) is not being
used in accordance with the purposes of the convey-
ance specified in such subsection, all right, title, and
interest in and to the property shall revert, at the op-
tion of the Secretary, to the United States, and the
United States shall have the right of immediate entry
onto the property. Any determination of the Secretary
under this subsection shall be made on the record
after an opportunity for a hearing.
(2) 
EXPIRATION.—The 
reversionary 
interest
under paragraph (1) shall expire upon satisfaction of
the following conditions:
(A) The real property conveyed under sub-
section (a) is used in accordance with the pur-
poses of the conveyance specified in such sub-
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section for a period of not less than 30 years fol-
lowing the date of the conveyance.
(B) The United Tribes Technical College
applies to the Secretary for the release of the re-
versionary interest.
(C) The Secretary certifies, in a manner
that can be filed with the appropriate land rec-
ordation office, that the condition under sub-
paragraph (A) has been satisfied.
(c) PAYMENT OF COSTS OF CONVEYANCE.—
(1) PAYMENT REQUIRED.—The Secretary shall
require the United Tribes Technical College to cover
costs to be incurred by the Secretary, or to reimburse
the Secretary for costs incurred by the Secretary, to
carry out the conveyance under subsection (a), includ-
ing survey costs, costs related to environmental docu-
mentation, and other administrative costs related to
the conveyance. If amounts are collected from the
United Tribes Technical College in advance of the
Secretary incurring the actual costs, and the amount
collected exceeds the costs actually incurred by the
Secretary to carry out the conveyance, the Secretary
shall refund the excess amount to the United Tribes
Technical College.