Page:United States Statutes at Large Volume 80 Part 1.djvu/229

 80 STAT. ]

PUBLIC LAW 89.441-JUNE 3, 1966

193

determined by the Secretary of the Interior, with the other uses of said lands by the State of Utah, its grantees, lessees, or permittees. SEC. 4. As.a condition of the conveyance authorized in this Act, Relinquishment and in consideration thereof, the State of Utah shall, (a) upon the° ^ ^ ^ " ^^"'^• express authority of an Act of its legislature, convey to the United States by quitclaim deed all of its rights, title, and interest in lands upland from the meander line, which lands the State may claim against the United States by reason of said lands having been, or hereafter becoming, submerged by the waters of Great Salt Lake, and (b) pay to the Secretary of the Interior the fair market value, as determined by the Secretary, of the lands (including any minerals) conveyed to it pursuant to section 2 of this Act. The Secretary of the Interior, after consultation with the State of Utah, may accept in payment in behalf of the United States, in lieu of money only, interests in lands, interests in mineral rights, including those beneath the lakebed, the relinquishment of land selection rights, or any combination thereof equal to the fair market value. SEC. 5. Within nine months after the date of enactment of this fair market Act the State of Utah shall elect one of the alternatives set out in "'^nTtermination. subsection (a) or subsection (b) of this section, and a failure so to elect shall render null and void any conveyance pursuant to this Act. The State— (a) may request the Secretary of the Interior to determine the fair market value of the lands as of the date of the completed survey: (1) I n reaching a determination of the fair market value as of that time, the Secretary shall make a comprehensive study of the lands and minerals which are the subject of this Act; (2) Nothing in this section shall be deemed to limit or prevent the Secretary from giving consideration to all factors he deems pertinent to an equitable resolution of the question of the proper consideration to be paid by the State of Utah to the United States for such lands; (3) The Secretary shall transmit his value determination to the Governor of the State of Utah not later than two years after he receives the request referred to above in this subsection. If payment by the State of Utah of the fair market value is not made within two years after the receipt of the Secretary's value determination, the conveyance authorized by section 2 of this Act shall be null and void; or (b) may maintain an action in the Supreme Court of the United States to secure a judicial determination of the right, title and interest of the United States in the lands conveyed to the State of Utah pursuant to section 2 of this Act. Consent to join the United States as a defendant to such an action is hereby given. Within two years from the completion of the action, the Secretary of the Interior shall determine the fair market value, as of the date of the decision of the court, of such lands (including minerals) conveyed to the State pursuant to section 2 of this Act as may be found by the court to have been the property of the United States prior to the conveyance. If payment by the State of Utah of the lair market value is not made within two years after the receipt of the Secretary's value determination, the conveyance authorized by section 2 of this Act shall be null and void. SEC. 6. Pending resolution of the amount and manner of compensa- ^'ate issuance tion to be paid by the State of Utah to the United States as provided ° ''^""^ ^' ^ '"' herein, the State of Utah is authorized after making the agreement

�