Hopewell Township Investment Act of 1994

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Hopewell Township Investment Act of 
1994''.

SEC. 2. CONVEYANCE OF LAND.

    (a) Administrator of General Services.--The Administrator of 
General Services (hereinafter in this Act referred to as the 
``Administrator'') is authorized to transfer, by negotiated sale at 
fair market value, to a nonprofit organization known as the ``Beaver 
County Corporation for Economic Development'' all right, title, and 
interest of the United States in and to those pieces or parcels of land 
in Hopewell Township, Pennsylvania, described in subsection (c), 
together with all improvements thereon and appurtenances thereto. The 
purpose of the conveyance is to provide a site for economic development 
in Hopewell Township.
    (b) Conveyance Terms.--
            (1) Date of conveyance.--The date of the conveyance of 
        property under subsection (a) shall be not later than the 180th 
        day following the date of the enactment of this Act.
            (2) Terms and conditions.--The conveyance of property under 
        subsection (a) shall be subject to such terms and conditions as 
        may be determined by the Administrator to be necessary to 
        safeguard the interests of the United States. Such terms and 
        conditions shall be consistent with the terms and conditions 
        set forth in this Act.
            (3) Quitclaim deed.--The conveyance of property under 
        subsection (a) shall be by quitclaim deed.
    (c) Property Description.--The land referred to in subsection (a) 
is the parcel of land in the township of Hopewell, county of Beaver, 
Pennsylvania, bounded and described as follows:
            (1) Beginning at the southwest corner at a point common to 
        Lot No. 1, same plan, lands now or formerly of Frank and 
        Catherine Wutter, and the easterly right-of-way line of 
        Pennsylvania Legislative Route No. 60 (Beaver Valley 
        Expressway); thence proceeding by the easterly right-of-way of 
        Pennsylvania Legislative Route No. 60 by the following three 
        courses and distances:
                    (A) North 17 degrees, 14 minutes, 20 seconds West, 
                213.10 feet to a point.
                    (B) North 72 degrees, 45 minutes, 40 seconds East, 
                30.00 feet to a point.
                    (C) North 17 degrees, 14 minutes, 20 seconds West, 
                252.91 feet to a point; on a line dividing Lot No. 1 
                from the other part of Lot No. 1, said part now called 
                Lot No. 5, same plan; thence by last mentioned dividing 
                line, North 78 degrees, 00 minutes, 00 seconds East; 
                135.58 to a point, a cul-de-sac on Industrial Drive; 
                thence by said cul-de-sac and the southerly side of 
                Industrial Drive by the following courses and 
                distances:
                            (i) By a curve to the right having a radius 
                        of 100.00 feet for an arc distance of 243.401 
                        feet to a point.
                            (ii) Thence by a curve to the right having 
                        a radius of 100.00 feet for an arc distance of 
                        86.321 feet to a point.
                            (iii) Thence by 78 degrees, 00 minutes, 00 
                        seconds East, 777.78 feet to a point.
                            (iv) Thence, North 12 degrees, 00 minutes, 
                        00 seconds West, 74.71 feet to a point.
                            (v) Thence by a curve to the right, having 
                        a radius of 50.00 feet for an arc distance of 
                        78.54 feet to a point.
                            (vi) Thence North 78 degrees, 00 minutes, 
                        00 seconds East, 81.24 feet to a point.
                            (vii) Thence by a curve to the right, 
                        having a radius of 415.00 feet for an arc 
                        distance of 140.64 feet to a point.
                            (viii) Thence, South 82 degrees, 35 
                        minutes, 01 second East, 125.00 feet to a 
                        point.
                            (ix) Thence, South 7 degrees, 24 minutes, 
                        59 seconds West, 5.00 feet to a point.
                            (x) Thence by a curve to the right, having 
                        a radius of 320.00 feet for an arc distance of 
                        256.85 feet to a point.
                            (xi) Thence by a curve to the right having 
                        a radius of 50.00 feet for an arc distance of 
                        44.18 feet to a point on the northerly side of 
                        Airport Road.
            (2) Thence by the northerly side thereof by the following:
                    (A) South 14 degrees, 01 minute, 54 seconds West, 
                56.94 feet to a point.
                    (B) Thence by a curve to the right having a radius 
                of 225.00 feet for an arc distance of 207.989 feet to a 
                point.
                    (C) Thence South 66 degrees, 59 minutes, 45 seconds 
                West, 192.08 feet to a point on the southern boundary 
                of Lot No. 1, which line is also the line dividing Lot 
                No. 1 from lands now or formerly, Frank and Catherine 
                Wutter.
            (3) Thence by the same, South 75 degrees, 01 minutes, 00 
        seconds West, 1,351.23 feet to a point at the place of 
        beginning.

SEC. 3. ALTERNATIVE CONVEYANCE.

    In the event that the conveyance under section 2(a) is not 
completed on or before the 180th day following the date of the 
enactment of this Act, the Administrator is authorized to dispose of 
the land referred to in section 2(a) to Hopewell Township, 
Pennsylvania, in accordance with section 203(k)(2) of the Federal 
Property and Administrative Services Act of 1949 (40 U.S.C. 484(k)(2)).

            Passed the House of Representatives October 4, 1994.

            Attest:

                                           DONNALD K. ANDERSON,

                                                                 Clerk.

Summary: Hopewell Township Investment Act of 1994 - Authorizes the Administrator of General Services to convey, by negotiated sale at fair market value, certain land in Hopewell Township, Pennsylvania, to the Beaver County Corporation for Economic Development. 
States that if such conveyance is not made within 180 days after the enactment of this Act, then the Administrator may dispose of the land under surplus property provisions of the Federal Property and Administrative Services Act of 1949.