Page:United States Statutes at Large Volume 101 Part 2.djvu/662

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101 STAT. 1329-319
PUBLIC LAW 100-000—MMMM. DD, 1987
101 STAT. 1329-319

101 STAT. 1329-319

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PUBLIC LAW 100-202—DEC. 22, 1987

(b) In consideration for the conveyance by the Secretary under suljsection (a), the city of New York shall pay to the United States the fair market value, as determined by the Secretary, of the property to be conveyed. (c) The Secretary shall include in the deed of conveyance a condition that the United States may reenter and use the property without compensation in the event of war or other national emergency declared by the President or Congress. (d) The Secretary may require such additional terms and conditions under this section as the Secretary considers appropriate to protect the interests of the United States. SEC. 130. (a) Subject to subsections Ob) through (f), the Secretary of the Army (hereinafter in this section referred to as the "Secretary") is authorized to convey to the State of New Jersey (hereinafter in this section referred to as the "State"), and the city of Jersey City, New Jersey (hereinafter in this section referred to as the "City"), all right, title, and interest of the United States in and to a tract of land located in Jersey City, New Jersey, consisting of approximately 40 acres of unimproved real property, comprising a portion of the United States Army Reserve Center, Caven Point, New Jersey. 03)(1) The conveyance authorized by subsection (a) shall be subject to the following conditions— (A) that the City convey to the United States a tract of unimproved real property consisting of approximately 9 acres, ' located immediately adjacent to the Caven Point Army Reserve i Center's northeast boundary; (B) that the State and City stabilize approximately 30 acres of real property west of the proposed highway; and (C) that the State and City remove and store the existing • railroad track. \ (2) If the fair market value (as determined by the Secretary) of the real property conveyed by the United States to the State and City under subsection (a) exceeds the sum of fair market values (as determined by the Secretary) of the real property conveyed by the City to the United States and the improvements made by the State and the City, the State and City shall pay the amount of the difference to the Secretary. (c) The exact acreages and legal description of properties to be conveyed under subsections (a) and (b) shall be determined by surveys that are satisfactory to the Secretary. The cost of any surveys shall be borne by the State and City. (d) The Secretary may require such additional terms and conditions as the Secretary considers appropriate to carry out the provisions of this section and to protect the interests of the United States. (e)(1) The Secretary may use any funds paid to the Secretary by the State and City in accordance with subsection (b)(2) to repair, expand, and improve, or replace the United States Army Reserve Center facilities at Caven Point, New Jersey, whichever is most costeffective. (2) The Secretary shall deposit any remaining funds into miscellaneous receipts of the Treasury. (f) This section shall be implemented in accordance with an agreement to be entered into by the Secretary, the State, and the City. SEC. 131. (a) AUTHORITY TO CONVEY.—Subject to subsections (b) through (f), the Secretary of the Navy may convey to the City of San Diego, California, all right, title, and interest of the United States in