[Congressional Bills 112th Congress]
[From the U.S. Government Publishing Office]
[S. 3633 Introduced in Senate (IS)]

112th CONGRESS
  2d Session
                                S. 3633

To provide for the unencumbering of title to non-Federal land owned by 
the city of Anchorage, Alaska, for purposes of economic development by 
       conveyance of the Federal reversion interest to the City.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           November 15, 2012

 Ms. Murkowski introduced the following bill; which was read twice and 
       referred to the Committee on Energy and Natural Resources

_______________________________________________________________________

                                 A BILL


 
To provide for the unencumbering of title to non-Federal land owned by 
the city of Anchorage, Alaska, for purposes of economic development by 
       conveyance of the Federal reversion interest to the City.

    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 ``Anchorage Land Conveyance Act of 
2012''.

SEC. 2. DEFINITIONS.

    In this Act:
            (1) City.--The term ``City'' means the city of Anchorage, 
        Alaska.
            (2) Non-federal land.--The term ``non-Federal land'' means 
        certain parcels of land located in the City and owned by the 
        City, which are more particularly described as follows:
                    (A) Block 42, Original Townsite of Anchorage, 
                Anchorage Recording District, Third Judicial District, 
                State of Alaska, consisting of approximately 1.93 
                acres, commonly known as the Egan Center, Petrovich 
                Park, and Old City Hall.
                    (B) Lots 9, 10, and 11, Block 66, Original Townsite 
                of Anchorage, Anchorage Recording District, Third 
                Judicial District, State of Alaska, consisting of 
                approximately 0.48 acres, commonly known as the parking 
                lot at 7th Avenue and I Street.
                    (C) Lot 13, Block 15, Original Townsite of 
                Anchorage, Anchorage Recording District, Third Judicial 
                District, State of Alaska, consisting of approximately 
                0.24 acres, an unimproved vacant lot located at H 
                Street and Christensen Drive.
            (3) Secretary.--The term ``Secretary'' means the Secretary 
        of the Interior.

SEC. 3. CONVEYANCE OF REVERSIONARY INTERESTS, ANCHORAGE, ALASKA.

    (a) In General.--Notwithstanding any other provision of law, the 
Secretary shall convey to the City, without consideration, the 
reversionary interests of the United States in and to the non-Federal 
land for the purpose of unencumbering the title to the non-Federal land 
to enable economic development of the non-Federal land.
    (b) Legal Descriptions.--As soon as practicable after the date of 
enactment of this Act, the exact legal descriptions of the non-Federal 
land shall be determined in a manner satisfactory to the Secretary.
    (c) Additional Terms and Conditions.--The Secretary may require 
such additional terms and conditions to the conveyance under subsection 
(a) as the Secretary considers appropriate to protect the interests of 
the United States.
    (d) Costs.--The City shall pay all costs associated with the 
conveyance under subsection (a), including the costs of any surveys, 
recording costs, and other reasonable costs.
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