1.This Act may be cited as the
Dandini Research Park Conveyance
Act
.
2.In this Act:
(1)The term Board of Regents means the Board of
Regents of the University and Community College System of Nevada.
(2)The
term Secretary means the Secretary of the Interior.
3.Conveyance to
the university and community college system of Nevada
(a)
(1)The Secretary shall convey to the Board of Regents,
without consideration, all right, title, and interest of the United States in
and to the approximately 467 acres of land located in Washoe County, Nevada,
patented to the University of Nevada under the Act of June 14, 1926 (commonly
known as the Recreation and Public Purposes Act
) (43 U.S.C. 869 et
seq.), and described in paragraph (2).
(2)The land referred to in paragraph (1) isβ
(A)the parcel of
land consisting of approximately 309.11 acres and more particularly described
as T. 20 N., R. 19 E., Sec. 25, lots 1, 2, 3, 4, 5, and 11,
SE1/4NW1/4,
NE1/4SW1/4, Mount Diablo Meridian,
Nevada; and
(B)the parcel of
land consisting of approximately 158.22 acres and more particularly described
as T. 20 N., R. 19 E., Sec. 25, lots 6 and 7,
SW1/4NE1/4,
NW1/4SE1/4, Mount Diablo Meridian,
Nevada.
(b)The
Board of Regents shall pay to the United States an amount equal to the costs of
the Secretary associated with the conveyance under subsection (a)(1).
(c)If
the Board of Regents sells any portion of the land conveyed to the Board of
Regents under subsection (a)(1)β
(1)the amount of
consideration for the sale shall reflect fair market value, as determined by an
appraisal; and
(2)the Board of
Regents shall pay to the Secretary an amount equal to the net proceeds of the
sale, for use by the Director of the Bureau of Land Management in the State of
Nevada, without further appropriation.
March 14, 2005
Reported without amendment