Page:United States Statutes at Large Volume 106 Part 3.djvu/464

 106 STAT. 2258 PUBLIC LAW 102-453—OCT. 23, 1992 Public Law 102-453 102d Congress An Act Oct. 28, 1992 To authorize and direct land ownership consolidation in the Cedar River Watershed, [H.R. 5605] ^^' Baker-Snoqualmie National Forest, Washington. Be it enacted by the Senate and House of Representatives of Cedar River the United States of America in Congress assembled, Watershed ' ^ Land Exchange SECTION 1. SHORT TITLE. This Act may be cited as the "Cedar River Watershed Land Exchange Act of 1992". SEC. 2. CEDAR RIVER WATERSHED, WASHINGTON. (a) IN GENERAL. — If the city of Seattle, Washington, agrees to convey lands to the United States in accordance with this section, the Secretary of Agriculture, in exchange for such lands, shall agree to convey to the City the Federal exchange lands. (b) EXCHANGE FOR CITY LANDS. — (1) APPRAISAL OF FEDERAL LANDS.— Not later than nine months after the date of enactment of this Act, the Federal exchange lands shall be appraised and the results of the appraisal transmitted to the Secretary and the City. (2) OFFER OF CITY LANDS AND APPRAISAL.— (A) CANDIDATE CITY LANDS.—Within 60 days after the receipt of the appraisal under paragraph (1), the City shall submit to the Secretary a list of candidate lands for convey- ance to the United States vuider this section. Such candidate lands shall be selected by the City from the City lands. (B) ACCEPTABLE CITY LANDS.— Not later than three months after receipt of the list of candidate lands under subparagraph (A), the Secretary shall determine, in the discretion of the Secretary, which of the candidate City lands to accept. Such lands acceptable to the Secretary shall be appraised within 90 days after such determination and the residts of the appraisal transmitted to both the Secretary and the City. The Secretary shall accept lands included on such list unless the lands are not valuable for purposes of the National Forest System, including management as contiguous units with other National Forest System lands. (3) CONSUMMATION OF EXCHANGE OF INITIAL PARCELS. — Not later than two years aft«r the date of enactment of this Act, the Secretary shall transfer to the City parcels of the Federal exchange lands with a total value approximately equal to the value of the City lands the Secretary determines acceptable under paragraph (2). The Secretary may also accept money to equalize the value of the lands involved in the exchange, subject to subsection (f)(2). (c) EQUALIZATION FOR REMAINING FEDERAL EXCHANGE LANDS. — If the value of the City lands conveyed and money accepted under

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