Page:United States Statutes at Large Volume 112 Part 5.djvu/684

 112 STAT. 3442 PUBLIC LAW 105-383—NOV. 13, 1998 referred to as the "recipient"), and the recipient may use each vessel conveyed only as a memorial to the Victory class of ships. (b) TERMS OF CONVEYANCE. — (1) DELIVERY OF VESSEL.—In carrying out subsection (a), the Secretary shall deliver a vessel— (A) at the place where the vessel is located on the date of conveyance; (B) in its condition on that date; and (C) at no cost to the Federal Government. (2) REQUIRED CONDITIONS.— The Secretary may not convey a vessel under this section unless— (A) the recipient agrees to hold the Government harmless for any claims arising from exposure to hazardous material, including asbestos and polychlorinated biphenyls, after conveyance of the vessel, except for claims arising before the date of the conveyance or from use of the vessel by the Government after that date; and (B) the recipient has available, for use to restore the vessel, in the form of cash, liquid assets, or a written loan commitment, financial resources of at least $100,000. ^ (3) ADDITIONAL TERMS.— The Secretary may require such additional terms in connection with the conveyance authorized by this section as the Secretary considers appropriate. (c) OTHER UNNEEDED EQUIPMENT. — The Secretary may convey to the recipient of any vessel conveyed under this section any unneeded equipment from other vessels in the National Defense Reserve Fleet, for use to restore the vessel conveyed under this section to museum quality. SEC. 428. AUTHORITY TO CONVEY NATIONAL DEFENSE RESERVE FLEET VESSEL, JOHN HENRY. (a) AUTHORITY TO CONVEY.— Notwithstanding any other law, the Secretary of Transportation (in this section referred to as "the Secretary") may convey all right, title, and interest of the United States Government in and to the vessel JOHN HENRY (United States official number 599294) to a purchaser for use in humanitarian relief efforts, including the provision of water and humanitarian goods to developing nations. (b) TERMS OF CONVEYANCE. — (1) DELIVERY OF VESSEL.— In carrying out subsection (a), the Secretary shall deliver the vessel— (A) at the place where the vessel is located on the date of conveyance; (B) in its condition on that date; (C) at no cost to the United States Government; and (D) only after the vessel has been redesignated as not militarily useful. (2) REQUIRED CONDITIONS.— The Secretary may not convey a vessel under this section unless— (A) competitive procedures are used for sales under this section; (B) the vessel is sold for not less than the fair market value of the vessel in the United States, as determined by the Secretary of Transportation; (C) the recipient agrees that the vessel shall not be used for commercial transportation purposes or for the

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