Page:United States Statutes at Large Volume 121.djvu/1188

 PUBLIC LAW 110–114—NOV. 8, 2007

121 STAT. 1167

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shall convey to S.S.S., Inc., all right, title, and interest of the United States in and to the Federal land. (3) CONDITIONS.— (A) DEEDS.— (i) NON-FEDERAL LAND.—The conveyance of the non-Federal land to the Secretary shall be by a warranty deed acceptable to the Secretary. (ii) FEDERAL LAND.—The conveyance of the Federal land to S.S.S., Inc., shall be— (I) by quitclaim deed; and (II) subject to any reservations, terms, and conditions that the Secretary determines to be necessary to allow the United States to operate and maintain the Mississippi River 9-Foot Navigation Project. (iii) LEGAL DESCRIPTIONS.—The Secretary shall provide a legal description of the Federal land, and S.S.S., Inc., shall provide a legal description of the non-Federal land, for inclusion in the deeds referred to in clauses (i) and (ii). (B) REMOVAL OF IMPROVEMENTS.— (i) IN GENERAL.—The Secretary may require the removal of, or S.S.S., Inc., may voluntarily remove, any improvements to the non-Federal land before the completion of the exchange or as a condition of the exchange. (ii) NO LIABILITY.—If S.S.S., Inc., removes any improvements to the non-Federal land under clause (i)— (I) S.S.S., Inc., shall have no claim against the United States relating to the removal; and (II) the United States shall not incur or be liable for any cost associated with the removal or relocation of the improvements. (C) ADMINISTRATIVE COSTS.—The Secretary shall require S.S.S., Inc. to pay reasonable administrative costs associated with the exchange. (D) CASH EQUALIZATION PAYMENT.—If the appraised fair market value, as determined by the Secretary, of the Federal land exceeds the appraised fair market value, as determined by the Secretary, of the non-Federal land, S.S.S., Inc., shall make a cash equalization payment to the United States. (E) DEADLINE.—The land exchange under subparagraph (B) shall be completed not later than 2 years after the date of enactment of this Act. (f) UNION LAKE, MISSOURI.— (1) IN GENERAL.—The Secretary shall offer to convey to the State of Missouri, before June 30, 2007, all right, title, and interest in and to approximately 205.50 acres of land described in paragraph (2) purchased for the Union Lake Project that was deauthorized as of January 1, 1990 (55 Fed. Reg. 40906), in accordance with section 1001(a) of the Water Resources Development Act of 1986 (33 U.S.C. 579a(a)). (2) LAND DESCRIPTION.—The land referred to in paragraph (1) is described as follows:

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