CONVEYANCE OF NAHANT PARCEL, ESSEX COUNTY, MASSACHUSETTS.

SEC. 404. CONVEYANCE OF NAHANT PARCEL, ESSEX COUNTY, MASSACHUSETTS. (a) In General.— The Commandant of the Coast Guard, may convey, by an appropriate means of conveyance, all right, title, and interest of the United States in and to the United States Coast Guard Recreation Facility Nahant, Massachusetts, to the Town of Nahant (the “Town”) unless the Commandant, or his delegate, in his sole discretion determines that the conveyance would not provide a public benefit. (b) Identification of Property.— The Commandant may identify, describe, and determine the property to be conveyed under this section. (c) Terms of Conveyance.— The conveyance of property under this section shall be made— (1) without payment of consideration; and (2) subject to such terms and conditions as the Commandant may consider appropriate to protect the interests of the United States, including the reservation of easements or other rights on behalf of the United States. (d) Reversionary Interest.— The conveyance of real property pursuant to this section shall be subject to the condition that all right, title, and interest in such property shall immediately revert to the United States if— (1) the property, or any part thereof, ceases to be owned and used by the Town; (2) the Town fails to maintain the property conveyed in a manner consistent with the terms and conditions in subsection (c); or (3) at least 30 days before such reversion, the Commandant provides written notice to the Town that the property conveyed is needed for national security purposes.