land conveyance, kansas city, missouri

land conveyance, kansas city, missouri Sec. 810. (a) Subject to subsection (b), the Secretary of the Army (hereinafter in this section referred to as the “Secretary”) is authorized to convey to the Central-Wyandotte Development Corp. (hereinafter in this section referred to as the “Corporation”) of Kansas City, Missouri, subject to such terms and conditions as the Secretary considers appropriate, all right, title, and interests of the United States in and to the following lots, including all improvements on such lots, located in block 4, J. H. McGee’s Addition, Kansas City, Jackson County, Missouri: (1) The south 37½ feet of lot 47. (2) Lot 48. (3) The north 17.34 feet of lot 49. (b)(1) In consideration for such conveyance by the Secretary under subsection (a), the Corporation shall convey to the United States unencumbered fee simple title to the following lots located in block 4, J. H. McGee's Addition, Kansas City, Jackson County, Missouri: (A) The south 4.84 feet of lot 50. 92 STAT. 589 (B) Lots 51 and 52. (2) The Corporation shall make improvements on such lots in accordance with requirements of, and subject to the approval of, the Secretary. (c) If the combined fair market value of the lots to be conveyed to the United States by the Corporation and the improvements made on such lots by the Corporation (and approved by the Secretary) is less than the fair market value of the lots conveyed by the Secretary to the Corporation, the Corporation shall pay the amount of the difference in such fair market values to the Secretary, and such amount shall be deposited in the Treasury as miscellaneous receipts. (d) The cost of any survey necessary to complete any conveyance under this section shall be paid by the Corporation. (e) The Secretary is authorized to accept any land conveyed to the United States under subsection (b), and any such land shall be administered by the Secretary.