Page:United States Statutes at Large Volume 107 Part 2.djvu/419

This page needs to be proofread.

PUBLIC LAW 103-132—NOV. 2, 1993 107 STAT. 1371 Public Law 103-132 103d Congress An Act To direct the Secretary of Agriculture to convey certain lands to the town of Nov. 2, 1993 Taos, New Mexico. [H.R. 328] Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION. 1. TAOS RANGER DISTRICT. (a) CONVEYANCE OP PROPERTY.—Not later than 6 months after the date of enactment of this Act, the Secretary of Agriculture shall convey by quit-claim deed to the town of Taos, New Mexico, subject to the terms and conditions stated in subsection (b), all right, title, and interest of the United States in and to the land and improvements thereon described as follows: That property locally referred to as the "Old Taos Ranger District Office and Warehouse" located in the town of Taos, Taos County, New Mexico, containing approximately 0.633 acres, specifically described in that certain warranty deed dated January 22, 1937, by Wiliiam T. and Mary E. Hinde, husband and wife, to the United States, as recorded on January 23, 1937, in book A-34, page 415, of the Record of Deeds of Taos County, New Mexico. (b) TERMS AND CONDITIONS.— (1) CONSIDERATION. — The conveyance described in subsection (a) shall be in consideration of the amount of $360,000, payable in full within the 6-month period referred to in subsection (a), or, at the option of the town of Taos, in 20 annual payments of $18,000 due on January 1 of the first year following enactment of this Act and annually thereafter until the total amount due has been paid, as agreed upon by the Secretary of Agriculture. The cash so received shall be deposited into a special fund in the Treasury which will remain available, subject to appropriations, until expended by the Secretary for the purpose of acquiring, within the State of New Mexico, lands or administrative facilities on National Forest System lands. The town of Taos shall not be charged interest on amounts owed the United States for such conveyance. (2) RELEASE. —On transfer of the property under subsection (a) the town of Taos shall release the United States from any liability for claims relating to the property.