II 112th CONGRESS 2d Session S. 3633 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.

1.

Short title

This Act may be cited as the Anchorage Land Conveyance Act of 2012.

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.

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.