[Congressional Record Volume 162, Number 52 (Wednesday, April 6, 2016)]
[Senate]
[Page S1774]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




  CONVEYING FEDERAL PROPERTY TO THE MUNICIPALITY OF ANCHORAGE, ALASKA

  Mr. THUNE. Mr. President, I ask unanimous consent that the Senate 
proceed to the immediate consideration of Calendar No. 390, S. 1492.
  The PRESIDING OFFICER. The clerk will report the bill by title.
  The senior assistant legislative clerk read as follows:

       A bill (S. 1492) to direct the Administrator of General 
     Services, on behalf of the Archivist of the United States, to 
     convey certain Federal property located in the State of 
     Alaska to the Municipality of Anchorage, Alaska.

  There being no objection, the Senate proceeded to consider the bill, 
which had been reported from the Committee on Homeland Security and 
Governmental Affairs, with an amendment to strike all after the 
enacting clause and insert in lieu thereof the following:

     SECTION 1. REAL PROPERTY CONVEYANCE.

       (a) Definitions.--In this section:
       (1) Archivist.--The term ``Archivist'' means the Archivist 
     of the United States.
       (2) City.--The term ``City'' means the Municipality of 
     Anchorage, Alaska.
       (b) Conveyance.--
       (1) In general.--As soon as practicable after the date of 
     enactment of this Act and after completion of the survey and 
     appraisal described in this section, the Administrator of 
     General Services, on behalf of the Archivist, shall offer to 
     convey to the City by quitclaim deed for the consideration 
     and under the conditions described in subsection (d), all 
     right, title, and interest of the United States in and to a 
     parcel of real property described in subsection (c).
       (2) Costs of conveyance.--The City shall be responsible for 
     paying--
       (A) the costs of an appraisal conducted pursuant to 
     subsection (d)(1)(B); and
       (B) any other costs relating to the conveyance of the 
     Federal property under this Act.
       (c) Legal Description of Property.--
       (1) In general.--The parcel to be conveyed under subsection 
     (b) consists of approximately 9 acres and improvements 
     located at 400 East Fortieth Avenue in the City that is 
     administered by the National Archives and Records 
     Administration.
       (2) Survey required.--As soon as practicable after the date 
     of enactment of this Act, the exact acreage and legal 
     description of the real property to be conveyed under 
     subsection (b) shall be determined by a survey, paid for by 
     the City, that is satisfactory to the Archivist.
       (d) Terms and Conditions.--
       (1) Consideration.--
       (A) In general.--As consideration for the conveyance of the 
     property under subsection (b), the City shall pay to the 
     Archivist an amount not less than the fair market value of 
     the conveyed property, to be determined as provided in 
     subparagraph (B).
       (B) Appraisal.--The fair market value of the property to be 
     conveyed under subsection (b) shall be determined based on an 
     appraisal that--
       (i) is conducted by a licensed, independent appraiser that 
     is approved by the Archivist and the City;
       (ii) is based on the highest and best use of the property;
       (iii) is approved by the Archivist; and
       (iv) is paid for by the City.
       (2) Preconveyance entry.--The Archivist, on terms and 
     conditions the Archivist determines to be appropriate, may 
     authorize the City to enter the property at no charge for 
     preconstruction and construction activities.
       (3) Additional terms and conditions.--The Archivist may 
     require additional terms and conditions in connection with 
     the conveyance under subsection (b) as the Archivist 
     considers appropriate to protect the interests of the United 
     States.
       (e) Proceeds.--Any net proceeds received by the Archivist 
     as a result of the conveyance under this Act shall be 
     deposited in the Treasury and used for deficit reduction, in 
     such manner as the Secretary of the Treasury considers 
     appropriate.
  Mr. THUNE. Mr. President, I ask unanimous consent that the committee-
reported substitute amendment be agreed to, the bill, as amended, be 
read a third time and passed, and the motion to reconsider be 
considered made and laid upon the table.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  The committee-reported amendment in the nature of a substitute was 
agreed to.
  The bill (S. 1492), as amended, was ordered to be engrossed for a 
third reading, was read the third time, and passed.

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