A bill to direct the Administrator of General Services, on behalf of the Archivist of the United States, to convey certain Federal property located in the State of Alaska to the Municipality of Anchorage, Alaska.
PL 114-161 (S.1492), enacted 05/20/2016

130 STAT. 407 
PUBLIC LAW 114–161—MAY 20, 2016 
Public Law 114–161 
114th Congress 
An Act 
To direct the Administrator of General Services, on behalf of the Archivist of 
the United States, to convey certain Federal property located in the State of 
Alaska to the Municipality of Anchorage, Alaska. 
Be it enacted by the Senate and House of Representatives of 
the United States of America in Congress assembled, 
SECTION 1. REAL PROPERTY CONVEYANCE. 
(a) DEFINITIONS.—In this section: 
(1) ARCHIVIST.—The term ‘‘Archivist’’ means the Archivist 
of the United States. 
(2) CITY.—The term ‘‘City’’ means the Municipality of 
Anchorage, Alaska. 
(b) CONVEYANCE.— 
(1) IN
GENERAL.—As soon as practicable after the date 
of enactment of this Act and after completion of the survey 
and appraisal described in this section, the Administrator of 
General Services, on behalf of the Archivist, shall offer to 
convey to the City by quitclaim deed for the consideration 
and under the conditions described in subsection (d), all right, 
title, and interest of the United States in and to a parcel 
of real property described in subsection (c). 
(2) COSTS OF CONVEYANCE.—The City shall be responsible 
for paying— 
(A) the costs of an appraisal conducted pursuant to 
subsection (d)(1)(B); and 
(B) any other costs relating to the conveyance of the 
Federal property under this Act. 
(c) LEGAL DESCRIPTION OF PROPERTY.— 
(1) IN GENERAL.—The parcel to be conveyed under sub-
section (b) consists of approximately 9 acres and improvements 
located at 400 East Fortieth Avenue in the City that is adminis-
tered by the National Archives and Records Administration. 
(2) SURVEY REQUIRED.—As soon as practicable after the 
date of enactment of this Act, the exact acreage and legal 
description of the real property to be conveyed under subsection 
(b) shall be determined by a survey, paid for by the City, 
that is satisfactory to the Archivist. 
(d) TERMS AND CONDITIONS.— 
(1) CONSIDERATION.— 
(A) IN GENERAL.—As consideration for the conveyance 
of the property under subsection (b), the City shall pay 
to the Archivist an amount not less than the fair market 
value of the conveyed property, to be determined as pro-
vided in subparagraph (B). 
May 20, 2016 
[S. 1492] 
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130 STAT. 408 
PUBLIC LAW 114–161—MAY 20, 2016 
LEGISLATIVE HISTORY—S. 1492 (H.R. 336): 
HOUSE REPORTS: No. 114–103 (Comm. on Transportation and Infrastructure) ac-
companying H.R. 336. 
SENATE REPORTS: No. 114–228 (Comm. on Homeland Security and Governmental 
Affairs). 
CONGRESSIONAL RECORD, Vol. 162 (2016): 
Apr. 6, considered and passed Senate. 
May 16, considered and passed House. 
(B) APPRAISAL.—The fair market value of the property 
to be conveyed under subsection (b) shall be determined 
based on an appraisal that— 
(i) is conducted by a licensed, independent 
appraiser that is approved by the Archivist and the 
City; 
(ii) is based on the highest and best use of the 
property; 
(iii) is approved by the Archivist; and 
(iv) is paid for by the City. 
(2) PRECONVEYANCE ENTRY.—The Archivist, on terms and 
conditions the Archivist determines to be appropriate, may 
authorize the City to enter the property at no charge for 
preconstruction and construction activities. 
(3) ADDITIONAL
TERMS
AND
CONDITIONS.—The Archivist 
may require additional terms and conditions in connection with 
the conveyance under subsection (b) as the Archivist considers 
appropriate to protect the interests of the United States. 
(e) PROCEEDS.—Any net proceeds received by the Archivist 
as a result of the conveyance under this Act shall be deposited 
in the Treasury and used for deficit reduction, in such manner 
as the Secretary of the Treasury considers appropriate. 
Approved May 20, 2016. 
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