CONVEYANCE OF COAST GUARD PROPERTY IN CHEBOYGAN, MICHIGAN.

SEC. 909. CONVEYANCE OF COAST GUARD PROPERTY IN CHEBOYGAN, MICHIGAN.(a) Conveyance Authorized.—Notwithstanding any other provision of law, the Commandant of the Coast Guard is authorized to convey, at fair market value, all right, title, and interest of the United States in and to a parcel of real property, consisting of approximately 3 acres, more or less, that is under the administrative control of the Coast Guard and located at 900 S. Western Avenue in Cheboygan, Michigan.(b) Right of First Refusal.—The Cornerstone Christian Academy, located in Cheboygan, MI, shall have the right of first refusal to purchase, at fair market value, all or a portion of the real property described in subsection (a).(c) Description of Property.—The exact acreage and legal description of the property to be conveyed under subsection (a) shall be determined by a survey satisfactory to the Commandant of the Coast Guard.(d) Fair Market Value.—The fair market value of the property shall be—(1) determined by appraisal, in accordance with the Uniform Appraisal Standards for Federal Land Acquisitions and the Uniform Standards of Professional Appraisal Practice; and(2) subject to the approval of the Commandant.(e) Costs of Conveyance.—The responsibility for all reasonable and necessary costs, including real estate transaction and environmental documentation costs, associated with the transaction 124 STAT. 3014 shall be determined by the Commandant of the Coast Guard and the purchaser.(f) Additional Terms and Conditions.—The Commandant of the Coast Guard may require such additional terms and conditions in connection with the conveyance under subsection (a) as is considered appropriate to protect the interests of the United States.