#aadth ,,congress #b;d ,session ,s4 #adib ,,an ,,act ,to direct the ,administrator of ,general ,services1 on behalf of the ,archivist of the ,united ,states1 to convey certain ,federal property located in the ,state of ,alaska to the ,municipality of ,anchorage1 ,alaska4 #a4 ,real property conveyance 7a7 ,definitions ,in this section3 7#a7 ,archivist ,the term ,archivist means the ,archivist of the ,united ,states4 7#b7 ,city ,the term ,city means the ,municipality of ,anchorage1 ,alaska4 7b7 ,conveyance 7#a7 ,in general ,as soon as practicable after the date of enactment of this ,act and after completion of the survey and appraisal described in this section1 the ,administrator of ,general ,services1 on behalf of the ,archivist1 shall offer to convey to the ,city by quitclaim deed for the consideration and under the conditions described in subsection 7d71 all right1 title1 and interest of the ,united ,states in and to a parcel of real property described in subsection 7c74 7#b7 ,costs of conveyance ,the ,city shall be responsible for paying-- 7,a7 the costs of an appraisal conducted pursuant to subsection 7d77#a77;,b72 and 7,b7 any other costs relating to the conveyance of the ,federal property under this ,act4 7c7 ,legal description of property 7#a7 ,in general ,the parcel to be conveyed under subsection 7b7 consists of approximately #i acres and improvements located at #djj ,east ,fortieth ,avenue in the ,city that is administered by the ,national ,archives and ,records ,administration4 7#b7 ,survey required ,as soon as practicable after the date of enactment of this ,act1 the exact acreage and legal description of the real property to be conveyed under subsection 7b7 shall be determined by a survey1 paid for by the ,city1 that is satisfactory to the ,archivist4 7d7 ,terms and conditions 7#a7 ,consideration 7,a7 ,in general ,as consideration for the conveyance of the property under subsection 7b71 the ,city shall pay to the ,archivist an amount not less than the fair market value of the conveyed property1 to be determined as provided in subparagraph 7,b74 7,b7 ,appraisal ,the fair market value of the property to be conveyed under subsection 7b7 shall be determined based on an appraisal that-- 7i7 is conducted by a licensed1 independent appraiser that is approved by the ,archivist and the ,city2 7ii7 is based on the highest and best use of the property2 7iii7 is approved by the ,archivist2 and 7iv7 is paid for by the ,city4 7#b7 ,preconveyance entry ,the ,archivist1 on terms and conditions the ,archivist determines to be appropriate1 may authorize the ,city to enter the property at no charge for preconstruction and construction activities4 7#c7 ,additional terms and conditions ,the ,archivist may require additional terms and conditions in connection with the conveyance under subsection 7b7 as the ,archivist considers appropriate to protect the interests of the ,united ,states4 7e7 ,proceeds ,any net proceeds received by the ,archivist as a result of the conveyance under this ,act shall be deposited in the ,treasury and used for deficit reduction1 in such manner as the ,secretary of the ,treasury considers appropriate4 ,passed the ,senate ,april #f1 #bjaf4,secretary