,,ii ,calendar ,no4 #fbi #aacth ,,congress #b;d ,session ,s4 #ahb ,report ,no4 #aac-bhi ,,in ,,the ,,senate ,,of ,,the ,,united ,,states ,january #cj1 #bjac,ms4 ,murkowski 7for herself and ,mr4 ,begich7 introduced the following bill2 which was read twice and referred to the ,committee on ,energy and ,natural ,resources ,december #aj1 #bjad,reported by ,ms4 ,landrieu1 with an amendment,strike out all after the enacting clause and insert the part printed in italic ,a ,,bill ,to provide for the unencumbering of title to non-,federal land owned by the city of ,anchorage1 ,alaska1 for purposes of economic development by conveyance of the ,federal reversion interest to the ,city4 #a4 ,short title ,this ,act may be cited as the ,anchorage ,land ,conveyance ,act of #bjac4 #b4 ,definitions ,in this ,act3 7#a7 ,city ,the term ,city means the city of ,anchorage1 ,alaska4 7#b7 ,non-federal land ,the term non-,federal land means certain parcels of land located in the ,city and owned by the ,city1 which are more particularly described as follows3 7,a7 ,block #db1 ,original ,townsite of ,anchorage1 ,anchorage ,recording ,district1 ,third ,judicial ,district1 ,state of ,alaska1 consisting of approximately #a4ic acres1 commonly known as the ,egan ,center1 ,petrovich ,park1 and ,old ,city ,hall4 7,b7 ,lots #i1 #aj1 and #aa1 ,block #ff1 ,original ,townsite of ,anchorage1 ,anchorage ,recording ,district1 ,third ,judicial ,district1 ,state of ,alaska1 consisting of approximately #j4dh acres1 commonly known as the parking lot at #gth ,avenue and ,i ,street4 7,c7 ,lot #ac1 ,block #ae1 ,original ,townsite of ,anchorage1 ,anchorage ,recording ,district1 ,third ,judicial ,district1 ,state of ,alaska1 consisting of approximately #j4bd acres1 an unimproved vacant lot located at ,h ,street and ,christensen ,drive4 7#c7 ,secretary ,the term ,secretary means the ,secretary of the ,interior4 #c4 ,conveyance of reversionary interests1 anchorage1 alaska 7a7 ,in general ,notwithstanding any other provision of law1 the ,secretary shall convey to the ,city1 without consideration1 the reversionary interests of the ,united ,states in and to the non-,federal land for the purpose of unencumbering the title to the non-,federal land to enable economic development of the non-,federal land4 7b7 ,legal descriptions ,as soon as practicable after the date of enactment of this ,act1 the exact legal descriptions of the non-,federal land shall be determined in a manner satisfactory to the ,secretary4 7c7 ,additional terms and conditions ,the ,secretary may require such additional terms and conditions to the conveyance under subsection 7a7 as the ,secretary considers appropriate to protect the interests of the ,united ,states4 7d7 ,costs ,the ,city shall pay all costs associated with the conveyance under subsection 7a71 including the costs of any surveys1 recording costs1 and other reasonable costs4 #a4 ,short title ,this ,act may be cited as the ,anchorage ,land ,conveyance ,act of #bjad4 #b4 ,conveyance of ,federal reversionary interest in land located in ,anchorage1 ,alaska 7a7 ,definitions ,in this section3 7#a7 ,municipality ,the term ,municipality means the municipality of ,anchorage1 ,alaska4 7#b7 ,secretary ,the term ,secretary means the ,secretary of the ,interior4 7b7 ,conveyance required ,if1 during the #a-year period beginning on the date of completion of the appraisal required by subsection 7d71 the ,municipality submits to the ,secretary an offer to acquire the ,federal reversionary interest in all land described in subsection 7c71 the ,secretary shall convey to the ,municipality that reversionary interest by not later than #cj days after the date of receipt of the offer4 7c7 ,description of land ,the land referred to in subsection 7b7 is described as follows3 7#a7 ,block #db1 ,original ,townsite of ,anchorage1 ,anchorage ,recording ,district1 ,third ,judicial ,district1 ,state of ,alaska1 consisting of approximately #a4ic acres1 commonly known as ,the ,egan ,center1 ,petrovich ,park1 and ,old ,city ,hall4 7#b7 ,lots #i1 #aj1 and #aa1 ,block #ff1 ,original ,townsite of ,anchorage1 ,anchorage ,recording ,district1 ,third ,judicial ,district1 ,state of ,alaska1 consisting of approximately #j4dh acres1 commonly known as the parking lot at #gth ,avenue and ,i ,street4 7#c7 ,lot #ac1 ,block #ae1 ,original ,townsite of ,anchorage1 ,anchorage ,recording ,district1 ,third ,judicial ,district1 ,state of ,alaska1 consisting of approximately #j4bd acres of an unimproved vacant lot located at ,h ,street and ,christensen ,drive4 7d7 ,appraisal 7#a7 ,in general ,subject to paragraph 7#b71 not later than #ahj days after the date on which the ,secretary selects an appraiser that is mutually acceptable to the ,secretary and the ,municipality under paragraph 7#b77;,a71 the ,secretary shall complete an appraisal of the ,federal reversionary interest in the land described in subsection 7c74 7#b7 ,requirements ,the appraisal under paragraph 7#a7 shall be-- 7,a7 conducted by an appraiser that is mutually acceptable to the ,secretary and the ,municipality2 and 7,b7 completed in accordance with the ,uniform ,appraisal ,standards for ,federal ,land ,acquisitions and the ,uniform ,standards of ,professional ,appraisal ,practice4 7e7 ,consideration 7#a7 ,in general ,as consideration for conveyance of the ,federal reversionary interest under subsection 7b71 the ,municipality shall pay to the ,secretary an amount equal to the appraised value of the ,federal reversionary interest1 as determined by the appraisal under subsection 7d74 7#b7 ,deadline ,the consideration under paragraph 7#a7 shall be paid not later than #cj days after the date of the conveyance4 7f7 ,costs of conveyance ,as a condition of the conveyance of the ,federal reversionary interest under subsection 7b71 all costs associated with the conveyance1 including the cost of the appraisal required by subsection 7d71 shall be paid by the ,municipality4 ,december #aj1 #bjad,reported with an amendment