[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3237 Introduced in House (IH)]







106th CONGRESS
  1st Session
                                H. R. 3237

   To provide for the exchange of certain lands within the State of 
                                Wyoming.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            November 5, 1999

  Mrs. Cubin introduced the following bill; which was referred to the 
                         Committee on Resources

_______________________________________________________________________

                                 A BILL


 
   To provide for the exchange of certain lands within the State of 
                                Wyoming.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Flaming Gorge Lands Exchange Act of 
1999''.

SEC. 2. FINDINGS.

    The Congress finds the following:
            (1) The State of Wyoming owns approximately 680 acres of 
        surface lands, as well as approximately 4,755.76 acres of 
        mineral interests (which includes 680 acres of minerals 
        underlying the surface lands), administered by the State of 
        Wyoming, Office of State Lands and Investments, within the 
        exterior boundaries of the Flaming Gorge National Recreation 
        Area, established by Act of Congress on October 1, 1968.
            (2) Union Pacific Resources Company (through its affiliate 
        Union Pacific Land Resources Corporation, the two being 
        collectively referred to herein as Union Pacific Resources 
        Company) owns approximately 4,017.59 acres of surface lands, as 
        well as approximately 21,168.33 acres of mineral interests 
        (which includes 4,017.59 acres of minerals underlying the 
        surface lands) within the exterior boundaries of the Flaming 
        Gorge National Recreation Area or immediately adjacent thereto.
            (3) Union Pacific Resources Company owns approximately 
        8,144.60 acres of surface lands, as well as approximately 
        8,304.60 acres of mineral interests (which includes 8,144.60 
        acres of minerals underlying the surface lands), within the 
        White Mountain Urban Reserve Study Area (?White Mountain Area?) 
        as so designated under the Sweetwater County Growth Management 
        Plan adopted by the Sweetwater County Commissioners.
            (4) The Flaming Gorge National Recreation Area was 
        established subject to valid existing rights of the State of 
        Wyoming and private landowners. A portion of the State lands 
        and many of the Union Pacific Resources Company lands located 
        within the Flaming Gorge National Recreation Area contain trona 
        resources available for mining. Certain of the State lands and 
        Union Pacific Resources Company lands located within the 
        Flaming Gorge National Recreation Area and the White Mountain 
        Area, like the Federal lands comprising the Flaming Gorge 
        National Recreation Area and the White Mountain Area, have 
        substantial recreational and natural resource values in 
        addition to their potential for trona development.
            (5) Development of surface, trona and natural resources on 
        the State lands and the Union Pacific Resources Company lands 
        located within the Flaming Gorge National Recreation Area and 
        the White Mountain Area could be incompatible with the 
        preservation of the recreational and natural resource values 
        for which the Flaming Gorge National Recreation Area and White 
        Mountain Area were established. Federal acquisition of the 
        State lands and the Union Pacific Resources Company lands 
        located within the Flaming Gorge National Recreation Area and 
        the White Mountain Area would eliminate this potential 
        incompatibility, and would enhance Federal management of both 
        areas.
            (6) The United States owns lands and interests in lands 
        located both within and outside of the Flaming Gorge National 
        Recreation Area that can be transferred to the State of Wyoming 
        and Union Pacific Resources Company in exchange for the State 
        lands and Union Pacific Resources Company lands located within 
        the Flaming Gorge National Recreation Area and the White 
        Mountain Area without jeopardizing Federal management 
        objectives or needs.
            (7) The large presence of State lands and Union Pacific 
        Resources Company lands located within the Flaming Gorge 
        National Recreation Area and the White Mountain Area make land 
        and resource management in the area more difficult, costly, and 
        controversial for both the State of Wyoming and the United 
        States.
            (8) It is the public interest to enact legislation 
        authorizing an exchange of other federally owned lands for the 
State lands and the Union Pacific Resources Company lands located 
within the Flaming Gorge National Recreation Area and the White 
Mountain Area, on terms fair to the State of Wyoming, Union Pacific 
Resources Company, and the United States. Congressional action in 
authorizing the exchange saves much time and delay in meeting the 
expectations of Union Pacific Resources Company and the State of 
Wyoming, in simplifying management of Federal land resources, and in 
avoiding expensive, protracted litigation.
            (9) Union Pacific Resources Company and the State of 
        Wyoming support the enactment of legislation under which Union 
        Pacific Resources Company and the State of Wyoming would 
        exchange certain of their lands within the Flaming Gorge 
        National Recreation Area and the White Mountain Area for 
        various Federal lands and interests in lands located both 
        inside and outside the Flaming Gorge National Recreation Area.
            (10) The Federal assets made available for exchange with 
        Union Pacific Resources Company and the State of Wyoming were 
        selected with a great sensitivity to environmental concerns and 
        a belief and expectation by all parties that Federal assets to 
        be conveyed to Union Pacific Resources Company and the State of 
        Wyoming would be unlikely to trigger significant environmental 
        controversy.
            (11) The Federal assets identified for conveyance to Union 
        Pacific Resources Company and the State of Wyoming avoid any of 
        the following items known to exist or likely to be an issue as 
        a result of foreseeable future uses of the land: significant 
        wildlife resources, endangered species habitat, significant 
        archaeological resources, areas of critical environmental 
        concern, trona resources requiring surface mining to extract 
        the mineral deposits, wilderness study areas, significant 
        recreational areas, or any other lands known to raise 
        significant environmental concerns of any kind.
            (12) Where the Federal Government retains surface and other 
        interests on lands included in the exchange, Union Pacific 
        Resources Company and the State of Wyoming have agreed that the 
        development of any mineral interests they acquire pursuant to 
        such exchange will not conflict with established Federal land 
        and environmental management objectives, and shall be fully 
        subject to all environmental regulations applicable to 
        development of non-Federal mineral interests lying under 
        Federal lands.
            (13) Because the non-Federal lands to be acquired by the 
        Federal Government pursuant to such an exchange include lands 
        located within the boundaries of one of the most renowned 
        recreational and natural resource land units in the United 
        States, and because Union Pacific Resources Company desires to 
        develop said lands to obtain their full economic potential and 
        because a mission of the Wyoming Office of State Lands and 
        Investments is to produce economic benefits for Wyoming?s 
        public schools and other beneficiary institutions, the exchange 
        of lands called for in this legislation will resolve many 
        environmental conflicts that could have existed at the time of 
        development of such non-Federal lands.
            (14) The Congress finds that, giving consideration to the 
        exchange taken as a whole, the interests to be conveyed to the 
        United States by the State of Wyoming, and the Federal 
        interests to be conveyed to the State of Wyoming by the United 
        States, are approximately equal in value.
            (15) The Congress finds that, giving consideration to the 
        exchange taken as a whole, the interests to be conveyed to the 
        United States by Union Pacific Resources Company, and the 
        Federal interests to be conveyed to Union Pacific Resources 
        Company by the United States, are approximately equal in value.
            (16) The purpose of this legislation is to enact the 
        exchange into law and to direct prompt implementation of this 
        exchange for the protection of the Flaming Gorge National 
        Recreation Area.

SEC. 3. LAND EXCHANGE INVOLVING FLAMING GORGE NATIONAL RECREATION AREA 
              AND OTHER LAND IN SWEETWATER COUNTY, WYOMING.

    (a) Authorization of Exchange.--If the State of Wyoming conveys by 
an appropriate form of deed, subject to valid existing encumbrances 
affecting the lands, to the United States the lands and interests in 
lands described in subsection (b) below and Union Pacific Resources 
Company conveys by an appropriate form of deed, subject to valid 
existing encumbrances affecting the lands, to the United States the 
lands and interests in lands described in subsection (c) below, then 
the Secretary of the Interior is authorized and directed to convey by 
patent to the State of Wyoming, subject to valid existing encumbrances 
affecting the lands, the lands and interests in lands described in 
subsection (d) below and the Secretary of the Interior is authorized 
and directed to convey by patent to Union Pacific Resources Company, 
subject to valid existing encumbrances affecting the lands, the lands 
and interests in lands described in subsection (e) below.
    (b) The lands and interests in lands to be conveyed by the State of 
Wyoming to the United States are more particularly described as 
follows:

       Surface and Mineral Lands Offered by the State of Wyoming

                Location                                          Acres
Township 12 North, Range 108 West, 6<SUP>th</SUP> PM
        Section 16: W\1/2\.................................      320.00
Township 15 North, Range 108 West, 6<SUP>th</SUP> PM
        Section 16: SE\1/4\................................      160.00
Township 16 North, Range 108 West, 6<SUP>th</SUP> PM
        Section 36: W\1/2\NW\1/4\; NW\1/4\SW\1/4\; NE\1/         200.00
            4\NW\1/4\; NW\1/4\NE\1/4\.
                                                           <RULE>______
                                                           
                Total......................................      680.00

             Mineral Lands Offered by the State of Wyoming

                Location                                          Acres
Township 17 North, Range 106 West, 6<SUP>th</SUP> PM
        Section 16: W\1/2\W\1/2\, Lots 1-6.................      115.76
Township 17 North, Range 107 West, 6<SUP>th</SUP> PM
        Section 36: All....................................      640.00
Township 12 North, Range 108 West, 6<SUP>th</SUP> PM
        Section 16: E\1/2\.................................      320.00
Township 13 North, Range 108 West, 6<SUP>th</SUP> PM
        Section 36: All....................................      640.00
Township 14 North, Range 108 West, 6<SUP>th</SUP> PM
        Section 16: All....................................      640.00
        Section 36: All....................................      640.00
Township 16 North, Range 108 East, 6<SUP>th</SUP> PM
        Section 16: All....................................      640.00
                Section 36: SE\1/4\; SE\1/4\NW\1/4\; E\1/        440.00
                    2\SW\1/4\; SW\1/4\SW\1/4\; E\1/2\NE\1/
                    4\; SW\1/4\NE\1/4\.
                                                           <RULE>______
                                                           
                Total......................................     4075.76
    (c) The lands and interests in lands to be conveyed by Union 
Pacific Resources Company to the United States are more particularly 
described as follows:

                       Surface and Mineral Estate

                (Flaming Gorge National Recreation Area)

                Location                                          Acres
Township 17 North, Range 106 West, 6<SUP>th</SUP> PM
        Section 17: W\1/2\W\1/2\NE\1/4\; NW\1/4\; N\1/           285.00
            2\SW\1/4\; N\1/2\NW\1/4\NW\1/4\SE\1/4\.
        Section 31: NE\1/4\NW\1/4\, Lot 7, N\1/2\Lot8......       99.76
Township 16 North, Range 107 West, 6<SUP>th</SUP> PM
        Section 3: W\1/2\W\1/2\; W\1/2\E\1/2\W\1/2\........      195.24
        Section 15: N\1/2\NE\1/4\..........................       80.00
        Section 29: S\1/2\.................................      320.00
        Section 33: N\1/2\NW\1/4\..........................       80.00
Township 17 North, Range 107 West, 6<SUP>th</SUP> PM
        Section 1: All south of the centerline of the Green     527.29*
            River.
        Section 35: NW\1/4\NE\1/4\; N\1/2\NW\1/4\; SW\1/         240.00
            4\NW\1/4\; W\1/2\SW\1/4\.
Township 15 North, Range 108 West, 6<SUP>th</SUP> PM
        Section 3: S\1/2\SW\1/4\; SW\1/4\SE\1/4\...........      120.00
        Section 15: All....................................      640.00
        Section 21: W\1/2\E\1/2\E\1/2\; W\1/2\E\1/2\W\1/2\.      560.00
        Section 29: N\1/2\N\1/2\...........................      160.00
Township 16 North, Range 108 West, 6<SUP>th</SUP> PM
        Section 17: SW\1/4\NW\1/4\; W\1/2\SW\1/4\; SE\1/         160.00
            4\SW\1/4\.
        Section 33: S\1/2\NE\1/4\; N\1/2\SE\1/4\...........      160.00
        Section 35: E\1/2\; E\1/2\E\1/2\NW\1/4\; E\1/            390.00
            2\NE\1/4\SW\1/4\; NE\1/4\SE\1/4\SW\1/4\.
                                                           <RULE>______
                                                           
                Total......................................    4,017.59

  *Immediately adjacent to the Flaming Gorge National Recreation Area.

                          Mineral Estate Only

                (Flaming Gorge National Recreation Area)

                Location                                          Acres
Township 17 North, Range 106 West, 6<SUP>th</SUP> PM
        Section 5: S\1/2\..................................      320.00
        Section 7: NE\1/4\NE\1/4\ (Lot 5), N\1/2\NW\1/            60.00
            4\NE\1/4\.
        Section 9: W\1/2\..................................      320.00
        Section 17: All but W\1/2\W\1/2\NE\1/4\; NW\1/4\;        355.00
            N\1/2\SW\1/4\; N\1/2\NW\1/4\NW\1/4\SE\1/4\.
        Section 19: All....................................      634.46
        Section 21: W\1/2\NW\1/4\..........................       80.00
        Section 29: W\1/2\.................................      320.00
        Section 31: E\1/2\;SW\1/4\; S\1/2\SW\1/4\NW\1/4\         537.54
            (S\1/2\ Lot 8).
Township 18 North, Range 106 West, 6<SUP>th </SUP>PM
        Section 31: All SW\1/4\ south of north bank of            40.63
            Green River.
Township 15 North, Range 107 West, 6<SUP>th </SUP>PM
        Section 5: All.....................................      636.40
        Section 7: All.....................................      625.00
        Section 9: W\1/2\..................................      320.00
        Section 19: N\1/2\.................................      312.78
Township 16 North, Range 107 West, 6<SUP>th </SUP>PM
        Section 1: All.....................................      537.88
        Section 3: E\1/2\; E\1/2\E\1/2\W\1/2\..............      325.38
        Section 11: All....................................      640.00
        Section 13: All....................................      640.00
        Section 23: All....................................      640.00
        Section 27: All....................................      640.00
        Section 31: All....................................      623.27
        Section 33: NE\1/4\; S\1/2\NW\1/4\; S\1/2\.........      560.00
Township 17 North, Range 107 West, 6<SUP>th </SUP>PM
        Section 1: Part N\1/2\ north of centerline of Green       84.53
            River.
        Section 35: All but NW\1/4\NE\1/4\; N\1/2\NW\1/4\;       400.00
            SW\1/4\NW\1/4\; W\1/2\SW\1/4\.
Township 15 North, Range 108 West, 6<SUP>th </SUP>PM
        Section 1: All.....................................      638.71
        Section 3: All but S\1/2\SW\1/4\; SW\1/4\SE\1/4\...      521.84
        Section 11: All....................................      640.00
        Section 13: All....................................      640.00
        Section 21: E\1/2\E\1/2\E\1/2\.....................       80.00
        Section 23: All but Lot 37.........................      620.00
        Section 25: All....................................      640.00
        Section 27: All but S\1/2\SW\1/4\..................      560.00
        Section 35: N\1/2\N\1/2\...........................      160.00
Township 16 North, Range 108 West, 6<SUP>th </SUP>PM
        Section 7: All.....................................      632.32
        Section 15: S\1/2\SW\1/4\; W\1/2\SW\1/4\SE\1/4\....      100.00
        Section 17: All but SW\1/4\NW\1/4\; W\1/2\SW\1/4\;       480.00
            SE\1/4\SW\1/4\.
        Section 21: All....................................      640.00
        Section 23: S\1/2\SW\1/4\SW\1/4\; SW\1/4\SE\1/            35.00
            4\SW\1/4\; W\1/2\SE\1/4\SE\1/4\SW\1/4\.
        Section 27: All....................................      640.00
        Section 33: N\1/2\NE\1/4\; S\1/2\SE\1/4\...........      160.00
        Section 35: W\1/2\W\1/2\; W\1/2\E\1/2\W\1/2\; SE\1/      250.00
            4\SE\1/4\SW\1/4\.
Township 16 North, Range 109 West, 6<SUP>th </SUP>PM
        Section 13: N\1/2\N\1/2\NE\1/4\; N\1/2\S\1/2\N\1/         60.00
            2\NE\1/4\.
                                                           <RULE>______
                                                           
                Total......................................   17,150.74

                       Surface and Mineral Estate

                White Mountain Urban Reserve Study Area

                Location                                          Acres
Township 19 North, Range 105 West, 6<SUP>th </SUP>PM
        Section 5: W\1/2\NW\1/4\; W\1/2\SW\1/4\; NE\1/           239.78
            4\NW\1/4\; SE\1/4\SW\1/4\.
        Section 7: All.....................................      624.19
        Section 17: All....................................      636.74
        Section 19: All....................................      628.16
        Section 29: All except NE\1/4\NW\1/4\SW\1/4\; NW\1/      600.00
            4\NE\1/4\SW\1/4\; SE\1/4\SW\1/4\NW\1/4\ and 
            SW\1/4\SE\1/4\NW\1/4\.
        Section 31: All....................................      628.72
Township 20 North, Range 105 West, 6<SUP>th </SUP>PM
        Section 5: All.....................................      396.16
        Section 7: All.....................................      620.45
        Section 9: All.....................................      640.00
        Section 17: All....................................      640.00
        Section 19: All except SE\1/4\SE\1/4\..............      584.32
        Section 31: All....................................      626.16
Township 18 North, Range 106 West, 6<SUP>th </SUP>PM
        Section 1: All.....................................      639.92
Township 21 North, Range 105 West, 6<SUP>th </SUP>PM
        Section 35: All....................................      640.00
                                                           <RULE>______
                                                           
                Total......................................    8,144.60

                          Mineral Estate Only

                   White Mountain Urban Reserve Area

                Location                                          Acres
Township 19 North, Range 105 West, 6<SUP>th </SUP>PM
        Section 5: SE\1/4\NW\1/4\; NE\1/4\SW\1/4\..........       80.00
        Section 29: NE\1/4\NW\1/4\SW\1/4\; NW\1/4\NE\1/           40.00
            4\SW\1/4\; SE\1/4\SW\1/4\NW\1/4\; SW\1/4\SE\1/
            4\NW\1/4\.
Township 20 North, Range 105 West, 6<SUP>th </SUP>PM
        Section 19: SE\1/4\SE\1/4\.........................       40.00
                                                           <RULE>______
                                                           
                Total......................................      160.00
    (d) The lands and interests in lands to be conveyed by the United 
States to the State of Wyoming are more particularly described as 
follows:

                 Selected Federal Surface and Minerals

                Location                                          Acres
Township 16 North, Range 108 West, 6<SUP>th</SUP> PM
                                                                 640.00
                                                           <RULE>______
                                                           
        Section 32: All....................................
                Total......................................      640.00
    (e) The lands and interests in lands to be conveyed by the United 
States to Union Pacific Resources Company are more particularly 
described as follows:

              Selected Federal Surface and Mineral Estate

                Location                                          Acres
Township 15 North, Range 109 West, 6<SUP>th</SUP> PM
        Section 4: All.....................................      641.12
        Section 8: All.....................................      640.00
        Section 18: All....................................      619.68
Township 17 North, Range 108 West, 6<SUP>th</SUP> PM
        Section 6: All.....................................      633.82
        Section 8: All.....................................      640.00
        Section 18: All....................................      636.56
        Section 20: All....................................      640.00
        Section 28: All....................................      640.00
        Section 30: All....................................      638.80
        Section 34: All....................................      640.00
Township 16 North, Range 109 West, 6<SUP>th</SUP> PM
        Section 32: All....................................      640.00
Township 17 North, Range 109 West, 6<SUP>th</SUP> PM
        Section 12: Lots 1, 4 thru 6, 8 thru 10, SW\1/4\;        401.63
            SW\1/4\SE\1/4\.

                                                           <RULE>______
                                                           
                Total......................................    7,411.61

                   Selected USFS Mineral Estate Only

                Location                                          Acres
Township 17 North, Range 108 West, 6<SUP>th</SUP> PM
        Section 32: All....................................      640.00
Township 16 North, Range 108 West, 6<SUP>th</SUP> PM
        Section 6: All.....................................      525.96
                                                           <RULE>______
                                                           
                Total......................................    1,165.96

SEC. 4. PROCESSING OF AND TERMS AND CONDITIONS RELATING TO LAND 
              EXCHANGE.

    (a) Surveys.--Notwithstanding any other provision of law, the 
Secretary of the Interior may conduct and approve all cadastral surveys 
that are necessary for completion of the exchange.
    (b) Equal Value Exchange.--The values of the property conveyed by 
the State of Wyoming to the United States and the property conveyed by 
the United States to the State of Wyoming are deemed to be of equal 
value. The values of the property conveyed by Union Pacific Resources 
Company to the United States and the value of the property conveyed by 
the United States to Union Pacific Resources Company are deemed to be 
of equal value.
    (c) Administration.--The Secretary of the Interior, acting through 
the Bureau of Land Management and the Bureau of Reclamation, and the 
Secretary of Agriculture, acting through the United States Forest 
Service, are directed to implement and administer the rights and 
obligations of the United States under this Act.
    (d) Hazardous Waste.--Notwithstanding the transfers to the United 
States of the lands and interests in lands described in subsections 
3(b) and 3(c), the State of Wyoming and Union Pacific Resources 
Company, respectively, shall continue to be responsible, to the extent 
they are responsible on the date of transfer of title, for all 
environmental remediation, waste management and environmental 
compliance activities arising from ownership and control of lands and 
interests in lands pursuant to applicable federal and state laws with 
respect to conditions existing on the lands at the time of transfer. 
Notwithstanding the transfers to the State of Wyoming and Union Pacific 
Resources Company of the lands and interests in lands described in 
subsections 3(d) and 3(e), the United States shall continue to be 
responsible, to the extent it is responsible on the date of transfer of 
title, for all environmental remediation, waste management and 
environmental compliance activities arising from the ownership and 
control of lands and interests therein pursuant to applicable federal 
and state laws with respect to conditions existing on the lands at the 
time of the transfer.
    (e) Title Standards.--Title to the State of Wyoming and Union 
Pacific Resources Company properties to be conveyed to the United 
States shall be acceptable to the Secretary of the Interior consistent 
with the Title Review Standards of the Attorney General of the United 
States.

SEC. 5. GENERAL PROVISIONS.

    (a) Management of Property Acquired by the United States.--Upon 
acquisition of the properties of the State of Wyoming and Union Pacific 
Resources Company by the United States pursuant to this Act, the 
properties located within the exterior boundaries of the Flaming Gorge 
National Recreation Area shall be managed in accordance with the 
provisions of the Act creating the Flaming Gorge National Recreation 
Area as established by Act of Congress on October 1, 1968. The lands 
acquired within the White Mountain Urban Reserve Study Area shall be 
managed in accordance with the resource management plans adopted with 
respect to the area from time to time by the Bureau of Land Management.
    (b) Water Rights.--All water rights, if any, held by the transferor 
that are appurtenant to the lands exchanged pursuant to this Act shall 
be conveyed with the land. Nothing contained in this Act shall impair 
valid existing water rights owned by private parties nor shall the 
terms of this Act expand or diminish federal or state jurisdiction, 
responsibilities, interests, or rights in water resource adjudication 
allocation, development or control.
    (c) Grazing Permits.--On all lands acquired by the United States 
under this Act the Secretary of the Interior and the Secretary of 
Agriculture shall honor, for the remainder of the applicable term, all 
leases, permits and contracts for the grazing of domestic livestock and 
the related terms and conditions of surface user agreements, if any, 
currently in existence with respect to such lands. On all lands 
acquired by the State of Wyoming and Union Pacific Resources Company 
under this Act, the State of Wyoming and Union Pacific Resources 
Company shall respectively honor, for the remainder of the applicable 
term, all leases, permits and contracts for the grazing of domestic 
livestock and the related terms and conditions of surface user 
agreements, if any, currently in existence with respect to such lands. 
Title to, or any interest in, any range improvement held by the owner 
of the lands prior to the exchange authorized by this Act shall be 
transferred with such lands. Nothing in this Act shall operate to 
divest title to, or any interest in, any range improvement held by any 
other person on such lands. Nothing contained in this Act shall prevent 
the State of Wyoming or Union Pacific Resources from canceling any 
grazing permit in accordance with its terms when the underlying land is 
sold or leased for non-grazing purposes by the owner.
    (d) Oil and Gas Leases.--On all lands acquired by the State of 
Wyoming and Union Pacific Resources Company under this Act which are 
subject to oil and gas leases issued by the United States prior to the 
date of enactment of this Act, the State of Wyoming and Union Pacific 
Resources Company shall respectively honor, for the remainder of the 
applicable term, such oil and gas leases. All rentals and royalties 
payable thereunder shall remain payable to the United States until the 
termination of such leases in accordance with their terms and the 
United States shall retain responsibility for the administration of the 
rentals and royalties payable under such leases until terminated.
    (e) Easements.--Upon consummation of the exchange as herein 
provided, Union Pacific Resources Company shall grant road easements 
along center lines and for widths as currently being used by the public 
for purposes of access to the Flaming Gorge National Recreation Area 
encumbering lands which it owns which are not the subject of this Act. 
In the event Union Pacific Resources Company should subsequently sell 
to a third party any of the surface of the lands being acquired by it 
pursuant to this Act, then prior to selling such surface lands Union 
Pacific Resources Company will encumber the surface lands with such 
easements as may be necessary to ensure continued public access on and 
across the lands to be sold.
    (f) Valid Existing Rights.--The conveyances among the State of 
Wyoming, Union Pacific Resources Company and the United States under 
this Act shall be subject to valid existing encumbrances affecting the 
lands as of the date of enactment of this Act.
    (g) Costs.--The United States, Union Pacific Resources Company and 
the State of Wyoming shall each bear its own respective costs incurred 
in the implementation of this Act.

SEC. 6. SCHEDULE FOR CONVEYANCES.

    All conveyances under section 2 of this Act shall be completed 
within sixty (60) days after the enactment of this Act.
                                 <all>