Pub. L. 106-69, tit. III, sec. 349

Sec. 349. (a) Requirement to Convey.—The Commandant of the Coast Guard shall convey, without consideration, to the University of New Hampshire (in this section referred to as the “University”) all right, title, and interest of the United States in and to a parcel of real property (including any improvements thereon) located in New Castle, New Hampshire, consisting of approximately five acres and including a pier. (b) Identification of Property.—The Commandant shall determine, identify, and describe the property to be conveyed under this section. (c) Easements, Rights-of-Way, and Rights.—(1) The Commandant shall, in connection with the conveyance required by subsection (a), grant to the University such easements and rights-of-way as the Commandant considers necessary to permit access to the property conveyed under that subsection. (2) The Commandant shall, in connection with such conveyance, reserve in favor of the United States such easements and rights as the Commandant considers necessary to protect the interests of the United States, including easements or rights regarding access to property and utilities. (d) Conditions of Conveyance.—The conveyance required by subsection (a) shall be subject to the following conditions: (1) That the University not convey, assign, exchange, or encumber the property conveyed, or any part thereof, unless such conveyance, assignment, exchange, or encumbrance— (A) is made without consideration; or (B) is otherwise approved by the Commandant. (2) That the University not interfere or allow interference in any manner with the maintenance or operation of Coast Guard Station Portsmouth Harbor, New Hampshire, without the express written permission of the Commandant. (3) That the University use the property for educational, research, or other public purposes. (e) Maintenance of Property.—The University, or any subsequent owner of the property conveyed under subsection (a) pursuant to a conveyance, assignment, or exchange referred to in subsection (d)(1), shall maintain the property in a proper, substantial, and workmanlike manner, and in accordance with any conditions established by the Commandant, pursuant to the National Historic Preservation Act of 1966 (16 U.S.C. 470 et seq.), and other applicable laws.113 STAT. 1025 (f) Reversionary Interest.—All right, title, and interest in and to the property conveyed under this section (including any improvements thereon) shall revert to the United States, and the United States shall have the right of immediate entry thereon, if— (1) the property, or any part thereof, ceases to be used for educational, research, or other public purposes by the University; (2) the University conveys, assigns, exchanges, or encumbers the property conveyed, or part thereof, for consideration or without the approval of the Commandant; (3) the Commandant notifies the owner of the property that the property is needed for national security purposes and a period of 30 days elapses after such notice; or (4) any other term or condition established by the Commandant under this section with respect to the property is violated.