HB 2604
An Act authorizing the Department of General Services, with the approval of the Governor, to grant and convey to the City of Nanticoke certain lands situate at 490 East Main Street in the City of Nanticoke, Luzerne County.
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill authorizes the Department of General Services to transfer certain land and buildings located at 490 East Main Street in Nanticoke, Luzerne County, to the City of Nanticoke. The land, encompassing approximately 5.483 acres, is subject to a fair market value of $860,000 and will be conveyed through a special warranty deed. The conveyance is subject to existing easements and restrictions, and any violation of the intended use will result in reversion of title to the Commonwealth. The proceeds from the sale will be deposited into the General Fund.
Key provisions
- The Department of General Services is authorized to grant and convey land to the City of Nanticoke.
- The property to be conveyed is located at 490 East Main Street, Nanticoke, Luzerne County.
- The fair market value of the land is $860,000.
- The conveyance will be made through a special warranty deed.
- The conveyance is subject to existing easements and restrictions.
- Any violation of the intended use will result in reversion of title to the Commonwealth.
- Proceeds from the sale will be deposited into the General Fund.
- If the conveyance is not completed within 24 months, the property may be sold through a competitive bidding process.
Who is affected
- City of Nanticoke
- Commonwealth of Pennsylvania
- Department of General Services
- Luzerne County
- Pennsylvania Railroad Company
Notable changes
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