To modify the authority to convey land at Equipment and Storage Yard, Charleston, South Carolina.

1. Adds SEC. 2830. MODIFICATION OF AUTHORITY FOR LAND CONVEYANCE, EQUIPMENT AND STORAGE YARD, CHARLESTON, SOUTH CAROLINA on page 365, between lines 18 and 19

   Adds a sectionPrinted page

   Inserted: SEC. 2830. MODIFICATION OF AUTHORITY FOR LAND CONVEYANCE, EQUIPMENT AND STORAGE YARD, CHARLESTON, SOUTH CAROLINA.

   Inserted: Section 563(h) of the Water Resources Development Act of 1999 (Public Law 106-53; 113 Stat. 360) is amended to read as follows:

   Inserted: "(h) Charleston, South Carolina.--

   Inserted: "(1) In general.--The Secretary may convey to the City of Charleston, South Carolina (in this section referred to as the 'City'), all right, title, and interest of the United States in and to a parcel of real property of the Corps of Engineers, together with any improvements thereon, that is known as the Equipment and Storage Yard and consists of approximately 1.06 acres located on Meeting Street in Charleston, South Carolina, in as-is condition.

   Inserted: "(2) Consideration.--As consideration for the conveyance of property under paragraph (1), the City shall provide the United States, whether by cash payment, in-kind contribution, or a combination thereof, an amount that is not less than the fair market value of the property conveyed, as determined by the Secretary.

   Inserted: "(3) Use of proceeds.--Amounts received as consideration under this subsection may be used by the Corps of Engineers, Charleston District, as follows:

   Inserted: "(A) Any amounts received as consideration may be used to carry out activities under this Act, notwithstanding any requirements associated with the Plant Replacement and Improvement Program (PRIP), including--

   Inserted: "(i) leasing, purchasing, or constructing an office facility within the boundaries of Charleston, Berkeley, and Dorchester Counties, South Carolina; and

   Inserted: "(ii) satisfying any PRIP balances.

   Inserted: "(B) Any amounts received as consideration that are in excess of the fair market value of the property conveyed under paragraph (1) may be used for any authorized activities of the Corps of Engineers, Charleston District.

   Inserted: "(4) Description of property.--The exact acreage and legal description of the real property to be conveyed under paragraph (1) and any property transferred to the United States as consideration under paragraph (2) shall be determined by surveys satisfactory to the Secretary.

   Inserted: "(5) Additional terms and conditions.--The Secretary may require such additional terms and conditions in connection with the conveyance under paragraph (1) as the Secretary considers appropriate to protect the interests of the United States.".

   Original wording

   On page 365, between lines 18 and 19, insert the following:

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As printed