LAND CONVEYANCE. NAVAL RESERVE CENTER. BURLINGTON, VERMONT

SEC. 2837. LAND CONVEYANCE. NAVAL RESERVE CENTER. BURLINGTON, VERMONT (a) In General.— Subject to subsection (b) through (e), the Secretary of the Navy may convey to the City of Burlington, Vermont, all right, title, and interest of the United States in and to a parcel of real property consisting of approximately 1.49 acres, including improvements thereon, comprising the Naval Reserve Center, Burlington, Vermont. (b) Use of Proceeds.— The Secretary may use the proceeds of the transaction authorized by this section to pay all or part of the cost of acquiring a new site in the Burlington, Vermont, area for a naval reserve center and for the construction on such site of a replacement naval reserve center facility. (c) Conditions of Sale.— (1) The conveyance authorized by subsection (a) shall be subject to the condition that the City of Burlington— (A) pay to the United States the sum of $1,500,000; and (B) permit the Navy to continue to occupy, without consideration, the property referred to in such subsection until a replacement facility has been acquired by the Secretary. (2) In the event that the conveyance authorized by subsection (a) is not made before January 1, 1992, because the City is unable to pay104 STAT. 1801 the consideration required by paragraph (1)(A), the authority to convey is terminated. (d) Description of Property.— The exact acreage and legal description of the property to be conveyed under this section shall be determined by a survey satisfactory to the Secretary. The cost of such survey shall be borne by the City. (e) Additional Terms and Conditions.— The Secretary may require such additional terms and conditions in connection with the conveyance under this section as the Secretary considers appropriate to protect the interests of the United States.