(a)
Conveyance authorized— Subject to this section, if the University submits to the Secretary not later than 180 days after the date of enactment of this Act a written request for the conveyance of the Federal land,to acquire the Federal land for market value, as determined by the appraisal conducted under subsection (d), the Secretary shall, not later than 1 year after the date of enactment of this Act, convey to the University all right, title, and interest of the United States in and to that land, including related infrastructure, improvements, and easements on that land.
(b)
Terms and Conditions— The conveyance authorized under subsection (a) shall be—
(1)
subject to valid existing rights;
(2)
notwithstanding any other provision of law; and
(3)
subject to any other terms and conditions as considered appropriate by the Secretary.
(c)
Forest Service access— The Secretary shall retain all other rights not included in the conveyance authorized under subsection (a) to Forest Service Road 9201D from its junction with Forest Service Road 0618 (commonly known as “Beaver Creek”), including the maintenance of, and continued administrative access to, that road.
(d)
Use of conveyed land—
(1)
In general— As a condition of the conveyance under subsection (a), the Federal land shall be—
(A)
maintained by the University; and
(B)
used for the purposes of land-grant colleges and universities in accordance with—
(i)
the Act of July 2, 1862 (commonly known as the “First Morrill Act”) (12 Stat. 503, chapter 130;
7 U.S.C. 301 et seq.);
(2)
Reversion— If any portion of the Federal land conveyed under subsection (a) is used in a manner inconsistent with paragraph (1), the Federal land shall, at the discretion of the Secretary, revert to the United States.
(d)
Appraisal—
(1)
In general— Not later than 90 days after the date on which the University submits a written request under subsection (a), the Secretary shall complete an appraisal to determine the market value of the Federal land.
(2)
Standards— The appraisal under paragraph (1) shall be conducted in accordance with—
(A)
the Uniform Appraisal Standards for Federal Land Acquisitions; and
(B)
the Uniform Standards of Professional Appraisal Practice.