Sec. 505. Release of Federal reversionary land interests

211 words·~1 min read·/bill/116/s/67/is/section-505

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In this section: The term 1932 Act means the Act of June 18, 1932 (47 Stat. 324, chapter 270). The term District means the Metropolitan Water District of Southern California. Subject to valid existing claims perfected prior to the effective date of the 1932 Act and the reservation of minerals set forth in the 1932 Act, the Secretary shall release, convey, or otherwise quitclaim to the District, in a form recordable in local county records, and subject to the approval of the District, after consultation and without monetary consideration, all right, title, and remaining interest of the United States in and to the land that was conveyed to the District pursuant to the 1932 Act or any other law authorizing conveyance subject to restrictions or reversionary interests retained by the United States, on request by the District.

A conveyance authorized by subsection

(b)shall be subject to the following terms and conditions: The District shall cover, or reimburse the Secretary for, the costs incurred by the Secretary to make the conveyance, including title searches, surveys, deed preparation, attorneys’ fees, and similar expenses. By accepting the conveyances, the District agrees to indemnify and hold harmless the United States with regard to any boundary dispute relating to any parcel conveyed under this section.

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47 Stat. 324

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Sec. 505

Release of Federal reversionary land interests

Stat.47 Stat. 324

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