II
110th CONGRESS
1st Session
S. 532
IN THE SENATE OF THE UNITED STATES
February 8, 2007
Mr. Hatch introduced the following bill; which was read twice and referred to the Committee on Energy and Natural Resources
A BILL
To require the Secretary of the Interior to convey certain Bureau of Land Management land to Park City, Utah, and for other purposes.
Short title
This Act may be cited as the
Utah Public Land Conveyance Act of
2007
.
Definitions
City
The term City means Park City, Utah.
Secretary
The term Secretary means the Secretary of the Interior.
Conveyance of public land in City
In General
Not later than 180 days after the date of enactment of this Act, notwithstanding sections 202 and 203 of the Federal Land Policy and Management Act of 1976 (43 U.S.C. 1712, 1713), the Secretary, subject to valid existing rights, shall convey to the City all right, title, and interest of the United States in and to the parcels of Federal land described in subsection (b).
Description of land
The parcels of Federal land referred to in subsection (a) consist of—
parcel 8
(commonly known as the White Acre parcel
); and
parcel 16
(commonly known as the Gamble Acre parcel
).
Consideration
As consideration for the conveyance of the Federal land under subsection (a), the City shall pay to the Secretary an amount not less than the fair market value of the Federal land, as determined by the Secretary.
Method of conveyance
Open space requirements
Subject to paragraph (2), the conveyance of the Federal land under subsection (a) shall be by 1 or more deeds that require that the Federal land shall be used only for—
recreational and public open space purposes; or
any other purposes relating to the maintenance of the Federal land as open space, as determined by the Secretary.
Construction of structures
The requirement described in paragraph (1) shall not prohibit the construction or maintenance of recreational facilities, utilities, or other structures that are consistent with—
the maintenance of the Federal land as open space; or
the recreational purposes of the Federal land.
Auction of public land in City
In general
Not later than 180 days after the date of enactment of this Act, notwithstanding sections 202 and 203 of the Federal Land Policy and Management Act of 1976 (43 U.S.C. 1712, 1713), the Secretary, subject to valid existing rights, shall conduct sales of the Federal land described in subsection (b) to qualified bidders.
Description of land
The parcels of Federal land referred to in subsection (a) consist of—
parcel 17; and
parcel 18.
Method of sale; consideration
The sale of Federal land under subsection (a) shall be—
unless otherwise determined by the Secretary, through a competitive bidding process;
for not less than fair market value; and
in accordance with the Federal Land Management Policy Act of 1976 (43 U.S.C. 1701 et seq.), except for subsections (d) and (f) of section 203 of the Federal Land Management Policy Act of 1976 (43 U.S.C. 1713).
Disposition of land sales proceeds
In general
The gross proceeds from the sales of land described in sections 3(a) and 4(a) shall be deposited in a special account in the Treasury of the United States and shall be available to the Secretary, without further appropriation and until expended, for—
the reimbursement of costs incurred by the Bureau of Land Management in preparing for the sales of land described in sections 3(a) and 4(a), including the costs of—
surveys;
appraisals; and
complying with applicable Federal laws; and
environmental restoration projects that are—
located on Bureau of Land Management land; and
administered by the Salt Lake City Field Office of the Bureau of Land Management.
Investment of special account
Any amounts deposited in the special account shall earn interest in an amount determined by the Secretary of the Treasury on the basis of the current average market yield on outstanding marketable obligations of the United States of comparable maturities, and may be expended in accordance with this section.