To direct the Secretary of Energy to convey a parcel of land at the facility of the Southwestern Power Administration in Tupelo, Oklahoma.

Directs the Secretary of Energy to convey to Rural Enterprises of Oklahoma, Incorporated, (Rural Enterprises), all right, title, and interest of the United States to specified land, consisting of approximately 6.3 acres of the facility of the Southwestern Power Administration in Tupelo, Oklahoma, for use in economic development within the service area of the Tri-County Indian Nations Community Development Corporation.

States that exact acreage and description of the parcel to be conveyed shall be determined by a survey satisfactory to the Secretary and to Rural Enterprises..

Sets forth conditions of the conveyance that require Rural Enterprises to agree to: (1) honor the terms of any lease of the parcel in existence on the date of the conveyance; and (2) bear the costs of the conveyance and attendant survey.

Retains a Federal easement to the parcel, including telephone and telegraph rights, in order to maintain a sewage connection to the electrical substation and lagoon facility located adjacent to the parcel.

Authorizes the Southwestern Power Administration to remove the undepreciated value of the conveyed facilities from its repayable investment obligation.

States that the fair market value of the land to be conveyed shall be determined by an appraisal acceptable to the Secretary that is conducted by an appraiser agreed upon by the Secretary and Rural Enterprises.

[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 5109 Introduced in House (IH)]







107th CONGRESS
  2d Session
                                H. R. 5109

  To direct the Secretary of Energy to convey a parcel of land at the 
 facility of the Southwestern Power Administration in Tupelo, Oklahoma.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             July 11, 2002

   Mr. Watkins of Oklahoma introduced the following bill; which was 
                 referred to the Committee on Resources

_______________________________________________________________________

                                 A BILL


 
  To direct the Secretary of Energy to convey a parcel of land at the 
 facility of the Southwestern Power Administration in Tupelo, Oklahoma.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. LAND CONVEYANCE, TUPELO, OKLAHOMA.

    (a) Conveyance Required.--Except as required by subsection (d), the 
Secretary of Energy shall convey, without consideration, to Rural 
Enterprises of Oklahoma, Incorporated, all right, title, and interest 
of the United States in and to a parcel of land, and any improvements 
thereto, consisting of approximately 6.3 acres of the facility of the 
Southwestern Power Administration in Tupelo, Oklahoma, for use in 
economic development within the service area of the Tri-County Indian 
Nations Community Development Corporation.
    (b) Description of Parcel.--The exact acreage and description of 
the parcel to be conveyed under subsection (a) shall be determined by a 
survey that is satisfactory to the Secretary and to Rural Enterprises 
of Oklahoma, Incorporated. The cost of the survey shall be borne by the 
recipient of the parcel.
    (c) Condition on Conveyance.--As a condition of the conveyance of 
the parcel under subsection (a), the Secretary shall require that Rural 
Enterprises of Oklahoma, Incorporated shall agree to honor the terms of 
any lease of the parcel or portion thereof that is in existence on the 
date of the conveyance.
    (d) Easement.--Under the terms of the conveyance of the parcel 
under subsection (a), the Secretary shall retain an easement to the 
parcel for the purpose of maintaining a sewage connection to the 
electrical substation and lagoon facility located adjacent to the 
parcel. Such easement shall include telephone and telegraph rights.
                                 <all>