Pub. L. 104-134, tit. II, sec. 208
Pub. L. 104-134, tit. II, sec. 208
Sec. 208. (a) In General.— The Secretary of Commerce, acting through the Assistant Secretary for Economic Development of the Department of Commerce, shall— 110 STAT. 1321–31 (1) not later than January 1, 1996, commence the demolition of the structures on, and the cleanup and environmental remediation on, the parcel of land described in subsection (b); (2) not later than March 31, 1996, complete the demolition, cleanup, and environmental remediation under paragraph (1); and (3) not later than April 1, 1996, convey the parcel of land described in subsection (b), in accordance with the requirements of section 120(h) of the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (42 U.S.C. 9620(h)), to the Tuscaloosa County Industrial Development Authority, on receipt of payment of the fair market value for the parcel by the Authority, as agreed on by the Secretary and the Authority. (b) Land Parcel.— The parcel of land referred to in subsection (a) is the parcel of land consisting of approximately 41 acres in Holt, Alabama (in Tuscaloosa County), that is generally known as the “Central Foundry Property”, as depicted on a map, and as described in a legal description, that the Secretary, acting through the Assistant Secretary for Economic Development, determines to be satisfactory.