Page:United States Statutes at Large Volume 110 Part 1.djvu/593

 PUBLIC LAW 104-106—FEB. 10, 1996 110 STAT. 569 (d) SURVEYS. —Subsection (g) of such section is amended by striking out the last sentence and inserting in Heu thereof the following: "The grantee shall be responsible for completing any such survey without cost to the United States.". (e) CONFORMING AMENDMENTS. —Such section is further amended— (1) in subsection (a), by striking out "Subject to subsections (b) through (h), the" and inserting in lieu thereof "The"; (2) in subsection (b)(1), by striking out "subsection (c)(1)(D)" both places it appears and inserting in lieu thereof "subsection (c)(1)(A)"; (3) by striking out subsections (e) and (f); and (4) by redesignating subsections (g) and (h) as subsections (e) and (f), respectively. SEC. 2855. LAND EXCHANGE, FORT LEWIS, WASfflNGTON. (a) CONVEYANCE AUTHORIZED.— The Secretary of the Army may convey to Weyerhaeuser Real Estate Company, Tacoma, Washington (in this section referred to as "WRECO"), all right, title, and interest of the United States in and to a parcel of real property at Fort Lewis, Washington, known as an unimproved portion of Tract 1000 (formerly being in the DuPont Steilacoom Road, consisting of approximately 1.23 acres), and Tract 26E (consisting of 0.03 acre). (b) CONSIDERATION.—As consideration for the conveyance authorized by subsection (a), WRECO shall convey or cause to be conveyed to the United States, by warranty deed acceptable to the Secretary, a 0.39 acre parcel of real property located adjacent to Fort Lewis, Washington, together with other consideration acceptable to the Secretary. The total consideration conveyed to the United States shall not be less than the fair market value of the land conveyed under subsection (a). (c) DETERMINATION OF FAIR MARKET VALUE.— The determinations of the Secretary regarding the fair market values of the parcels of real property and improvements to be conveyed pursuant to subsections (a) and (b) shall be final. (d) DESCRIPTION OF PROPERTY. — The exact acreage and legal description of the parcels of real property to be conveyed pursuant to subsections (a) and (b) shall be determined by a survey satisfactory to the Secretary. The cost of the survey shall be borne by WRECO. (e) EFFECT ON EXISTING REVERSIONARY INTEREST.— The Secretary may enter into an agreement with the appropriate officials of Pierce County, Washington, under which— (1) the existing reversionary interest of Pierce County in the lands to be conveyed by the United States under subsection (a) is extinguished; and (2) the conveyance to the United States under subsection (b) is made subject to a similar reversionary interest in favor of Pierce County in the lands conveyed under such subsection. (f) ADDITIONAL TERMS AND CONDITIONS.— The Secretary may require such additional terms and conditions in connection with the conveyances under this section as the Secretary considers appropriate to protect the interests of the United States. Weyerhauser Real Estate Company.

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