[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[S. 587 Reported in Senate (RS)]






                                                       Calendar No. 191
105th CONGRESS
  1st Session
                                 S. 587

                          [Report No. 105-96]

  To require the Secretary of the Interior to exchange certain lands 
                 located in Hinsdale County, Colorado.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                             April 16, 1997

  Mr. Campbell (for himself and Mr. Allard) introduced the following 
bill; which was read twice and referred to the Committee on Energy and 
                           Natural Resources

                            October 6, 1997

              Reported by Mr. Murkowski, with an amendment
 [Strike out all after the enacting clause and insert the part printed 
                               in italic]

_______________________________________________________________________

                                 A BILL


 
  To require the Secretary of the Interior to exchange certain lands 
                 located in Hinsdale County, Colorado.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

<DELETED>SECTION 1. LARSON AND FRIENDS CREEK EXCHANGE.</DELETED>

<DELETED>    (a) In General.--In exchange for conveyance to the United 
States of an equal value of offered land acceptable to the Secretary of 
the Interior that lies within, or in proximity to, the Handies Peak 
Wilderness Study Area, the Red Cloud Peak Wilderness Study Area, or the 
Alpine Loop Backcountry Bi-way, in Hinsdale County, Colorado, the 
Secretary of the Interior shall convey to Lake City Ranches, Ltd., a 
Texas limited partnership (referred to in this section as ``LCR''), 
approximately 560 acres of selected land located in that county and 
generally depicted on a map entitled ``Larson and Friends Creek 
Exchange'', dated June 1996.</DELETED>
<DELETED>    (b) Contingency.--The exchange under subsection (a) shall 
be contingent on the granting by LCR to the Secretary of a permanent 
conservation easement, on the approximately 440-acre Larson Creek 
portion of the selected land (as depicted on the map), that limits 
future use of the land to agricultural, wildlife, recreational, or open 
space purposes.</DELETED>
<DELETED>    (c) Appraisal and Equalization.--</DELETED>
        <DELETED>    (1) In general.--The exchange under subsection (a) 
        shall be subject to--</DELETED>
                <DELETED>    (A) the appraisal requirements and 
                equalization payment limitations set forth in section 
                206 of the Federal Land Policy and Management Act of 
                1976 (43 U.S.C. 1716); and</DELETED>
                <DELETED>    (B) reviews and approvals relating to 
                threatened species and endangered species, cultural and 
                historic resources, and hazardous materials under other 
                Federal laws.</DELETED>
        <DELETED>    (2) Costs of appraisal and review.--The costs of 
        appraisals and reviews shall be paid by LCR.</DELETED>
        <DELETED>    (3) Crediting.--The Secretary may credit payments 
        under paragraph (2) against the value of the selected land, if 
        appropriate, under section 206(f) of the Federal Land Policy 
        and Management Act of 1976 (43 U.S.C. 1716(f)).</DELETED>

SECTION 1. LARSON AND FRIENDS CREEK EXCHANGE.

    (a) In General.--In exchange for conveyance to the United States of 
an equal value of offered land acceptable to the Secretary of the 
Interior that lies within, or in proximity to, the Handies Peak 
Wilderness Study Area, the Red Cloud Peak Wilderness Study Area, or the 
Alpine Loop Backcountry Bi-way, in Hinsdale County, Colorado, the 
Secretary of the Interior shall convey to Lake City Ranches, Ltd., a 
Texas limited partnership (referred to in this section as ``LCR''), 
approximately 560 acres of selected land located in that county and 
generally depicted on a map entitled ``Larson and Friends Creek 
Exchange'', dated June 1996.
    (b) Contingency.--The exchange under subsection (a) shall be 
contingent on the granting by LCR to the Secretary of a permanent 
conservation easement, on the approximately 440-acre Larson Creek 
portion of the selected land (as depicted on the map), that limits 
future use of the land to agricultural, wildlife, recreational, or open 
space purposes.
    (c) Appraisal and Equalization.--
            (1) In general.--The exchange under subsection (a) shall be 
        subject to--
                    (A) the appraisal requirements and equalization 
                payment limitations set forth in section 206 of the 
                Federal Land Policy and Management Act of 1976 (43 
                U.S.C. 1716); and
                    (B) reviews and approvals relating to threatened 
                species and endangered species, cultural and historic 
                resources, and hazardous materials under other Federal 
                laws.
            (2) Costs of appraisal and review.--The costs of appraisals 
        and reviews shall be paid by LCR.
            (3) Crediting.--The Secretary may credit payments under 
        paragraph (2) against the value of the selected land, if 
        appropriate, under section 206(f) of the Federal Land Policy 
        and Management Act of 1976 (43 U.S.C. 1716(f)).
                                     





                                                       Calendar No. 191

105th CONGRESS

  1st Session

                                 S. 587

                          [Report No. 105-96]

_______________________________________________________________________

                                 A BILL

  To require the Secretary of the Interior to exchange certain lands 
                 located in Hinsdale County, Colorado.

_______________________________________________________________________

                            October 6, 1997

                       Reported with an amendment