The text of the bill below is as of Sep 25, 2002 (Referred to Senate Committee).
HR 5109 RFS
H. R. 5109
IN THE SENATE OF THE UNITED STATES
September 25, 2002
September 25, 2002
Received; read twice and referred to the Committee on Energy and Natural Resources
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.