[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5109 Referred in Senate (RFS)]

  2d Session
                                H. R. 5109


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                   IN THE SENATE OF THE UNITED STATES

                           September 25, 2002

   Received; read twice and referred to the Committee on Energy and 
                           Natural Resources

_______________________________________________________________________

                                 AN ACT


 
  To direct the Secretary of Energy to convey a parcel of land at the 
 facility of the Southwestern Power Administration in Tupelo, Oklahoma.

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

SECTION 1. LAND CONVEYANCE, TUPELO, OKLAHOMA.

    (a) Conveyance Required.--Except as required by subsection (d), the 
Secretary of Energy shall convey, at fair market value, to Rural 
Enterprises of Oklahoma, Incorporated, all right, title, and interest 
of the United States in and to a parcel of land, and any improvements 
thereto, consisting of approximately 6.3 acres of the facility of the 
Southwestern Power Administration in Tupelo, Oklahoma, for use in 
economic development within the service area of the Tri-County Indian 
Nations Community Development Corporation.
    (b) Description of Parcel.--The exact acreage and description of 
the parcel to be conveyed under subsection (a) shall be determined by a 
survey that is satisfactory to the Secretary and to Rural Enterprises 
of Oklahoma, Incorporated.
    (c) Conditions of Conveyance.--As conditions of the conveyance 
under subsection (a), the Secretary shall require that Rural 
Enterprises of Oklahoma, Incorporated--
            (1) agree to honor the terms of any lease of the parcel or 
        portion thereof that is in existence on the date of the 
        conveyance; and
            (2) agree to bear the costs of the conveyance, including 
        the cost of the survey required by subsection (b) and the 
        appraisal required by subsection (f).
    (d) Easement.--Under the terms of the conveyance of the parcel 
under subsection (a), the Secretary shall retain an easement to the 
parcel for the purpose of maintaining a sewage connection to the 
electrical substation and lagoon facility located adjacent to the 
parcel. Such easement shall include telephone and telegraph rights.
    (e) Undepreciated Value.--The Southwestern Power Administration is 
authorized to remove the undepreciated value of the facilities conveyed 
under subsection (a) from its repayable investment obligation.
    (f) Valuation of Land To Be Conveyed.--The fair market value of the 
land to be conveyed under subsection (a) shall be determined by an 
appraisal acceptable to the Secretary that is conducted by an appraiser 
agreed upon by the Secretary and Rural Enterprises of Oklahoma, 
Incorporated, and conducted in accordance with--
            (1) the Uniform Relocation Assistance and Real Property 
        Acquisition Policies Act of 1970 (42 U.S.C. 4601; Public Law 
        91-646);
            (2) the Uniform Appraisal Standards for Federal Land 
        Acquisition; and
            (3) the Uniform Standards of Professional Appraisal 
        Practice.

            Passed the House of Representatives September 24, 2002.

            Attest:

                                                 JEFF TRANDAHL,

                                                                 Clerk.