1. Short title
This Act may be cited as the “Flagstaff Federal Reversion Relief Act”.
Flagstaff Federal Reversion Relief Act
A BILL
To provide for the unencumbering of title to non-Federal land owned by Win Oil Company, Inc., for purposes of economic development by removing the Federal reversionary interest in the land, and for other purposes.
2. Release of Federal reversionary interest, Flagstaff, Arizona
Any land (including the parcel of land located in the City of Flagstaff, Arizona, owned by Win Oil Company, Inc., and more particularly described in the deed recorded in Coconino County, Arizona, on November 11, 1998, as document number 98–44431) that is subject to a Federal reversionary interest pursuant to the Act of July 27, 1866 (14 Stat. 292, chapter 278), shall no longer be subject to the Federal reversionary interest described in that Act.