This bill authorizes the Department of General Services, with the Governor's approval, to grant and convey approximately 5.483 acres of land and buildings located at 490 East Main Street in the City of Nanticoke, Luzerne County, to the City of Nanticoke for a fair market value of $860,000. The property is described in detail, including its boundaries and previous ownership history. The conveyance will be subject to various conditions, including the prohibition of using the property as a licensed facility, which is defined under state law. If this condition is violated, the title will revert to the Commonwealth.
Additionally, the bill outlines that the Secretary of General Services may include any necessary covenants, conditions, or restrictions in the deed of conveyance. It also allows for the granting or retention of easements as deemed appropriate. Costs associated with the conveyance will be the responsibility of the grantee, and if the conveyance is not executed within 24 months, the property may be sold through a competitive bidding process. Proceeds from the sale will be deposited into the General Fund. The act is set to take effect immediately upon passage.