This bill authorizes the Department of General Services, with the Governor's approval, to grant and convey approximately 5.2988 acres of land in Penn Township, Snyder County, to the Penn Township Municipal Authority for a fair market value of $63,000. The property is to be subdivided from Tax Parcel 13-07-036 and is subject to various conditions, including the requirement that it be used solely for a municipal well site. If the property is used for any other purpose, it will revert back to the Commonwealth of Pennsylvania. The conveyance will be executed via a special warranty deed, and any costs associated with the transaction will be borne by the grantee.
Additionally, the bill includes provisions for easements, covenants, and restrictions on the property. It stipulates that the conveyance must be completed within 18 months of the bill's effective date, or the authorization will expire. Proceeds from the sale will be deposited into the General Fund. The act is set to take effect immediately upon passage.