LAND CONVEYANCE TO CITY OF COFFMAN COVE, ALASKA.

SEC. 3301. LAND CONVEYANCE TO CITY OF COFFMAN COVE, ALASKA.(a) Definitions.—In this section:(1) City.—The term “City” means the city of Coffman Cove, Alaska.123 STAT. 1130(2) Secretary.—The term “Secretary” means the Secretary of Agriculture.(b) Conveyance.—(1) In general.—Subject to valid existing rights, the Secretary shall convey to the City, without consideration and by quitclaim deed all right, title, and interest of the United States, except as provided in paragraphs (3) and (4), in and to the parcel of National Forest System land described in paragraph (2).(2) Description of land.—(A) In general.—The parcel of National Forest System land referred to in paragraph (1) is the approximately 12 acres of land identified in U.S. Survey 10099, as depicted on the plat entitled “Subdivision of U.S. Survey No. 10099” and recorded as Plat 2003–1 on January 21, 2003, Petersburg Recording District, Alaska.(B) Excluded land.—The parcel of National Forest System land conveyed under paragraph (1) does not include the portion of U.S. Survey 10099 that is north of the right-of-way for Forest Development Road 3030–295 and southeast of Tract CC–8.(3) Right-of-way.—The United States may reserve a right-of-way to provide access to the National Forest System land excluded from the conveyance to the City under paragraph (2)(B).(4) Reversion.—If any portion of the land conveyed under paragraph (1) (other than a portion of land sold under paragraph (5)) ceases to be used for public purposes, the land shall, at the option of the Secretary, revert to the United States.(5) Conditions on subsequent conveyances.—If the City sells any portion of the land conveyed to the City under paragraph (1)—(A) the amount of consideration for the sale shall reflect fair market value, as determined by an appraisal; and(B) the City shall pay to the Secretary an amount equal to the gross proceeds of the sale, which shall be available, without further appropriation, for the Tongass National Forest.