Section 1. Short title
This Act may be cited as the Wabeno Economic Development Act.
(a) Conveyance required
If, during the 180-day period beginning on the date of Federal approval of the appraisal under subsection (d), Tony’s Wabeno Redi-Mix, LLC submits to the Secretary an offer to acquire the property described in subsection (b) for market value, as determined by such appraisal, the Secretary shall, not later than 180 days after receiving such offer, convey to Tony’s Wabeno Redi-Mix, LLC all right, title, and interest of the United States in and to the property described in subsection (b).
(1) In general
The property referred to in subsection (a) is the parcel of real property, including all land and improvements, generally depicted as Federal Parcel to be Conveyed on the map, consisting of approximately 14 acres of National Forest System land located in the Chequamegon-Nicolet National Forest in Wisconsin.
(A) Minor errors
The Secretary may correct minor errors in the map.
(B) Availability
A copy of the map shall be on file and available for public inspection in the appropriate office of the Forest Service.
(3) Survey
The exact acreage and legal description of the National Forest System land to be conveyed under subsection (a) shall be determined by a survey satisfactory to the Secretary.
(1) Requirements
The conveyance under subsection (a) shall be—
(A) subject to valid existing rights;
(B) made by quitclaim deed; and
(C) subject to such other terms and conditions as the Secretary considers to be appropriate to protect the interests of the United States.
(2) Costs
As a condition of the conveyance under subsection (a), Tony’s Wabeno Redi-Mix, LLC shall pay to the Secretary—
(A) an amount equal to the market value of the land to be conveyed under subsection (a), as determined by the appraisal under subsection (d); and
(B) all costs associated with the conveyance, including the cost of—
(i) a survey, if necessary, under subsection (b)(3);
(ii) conducting the appraisal under subsection (d); and
(iii) any environmental analysis or resource survey required under Federal law.
(1) In general
Not later than 300 days after the date of enactment of this Act, the Secretary shall complete an appraisal to determine the market value of the land to be conveyed under subsection (a).
(2) Standards
The appraisal under paragraph (1) shall be conducted in accordance with—
(A) the Uniform Appraisal Standards for Federal Land Acquisitions; and
(B) the Uniform Standards of Professional Appraisal Practice.
(e) Hazardous materials
Notwithstanding the requirements of section 120(h) of the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (42 U.S.C. 9620(h)), with respect to the conveyance under subsection (a), the Secretary—
(1) shall only be required to meet disclosure requirements for hazardous substances, pollutants, or contaminants under section 120(h); and
(2) shall not otherwise be required to remediate or abate the hazardous substances, pollutants, or contaminants disclosed pursuant to paragraph (1).
(f) Definitions
In this section:
(1) Map
The term map means the map entitled Conveyance of Federal Parcel Chequamegon-Nicolet National Forest and dated September 27, 2023.
(2) Secretary
The term Secretary means the Secretary of Agriculture, acting through the Chief of the Forest Service.