Lake Oconee Land Exchange Act (Introduced in the Senate)
S 604 IS
106th CONGRESS
1st Session
S. 604
To direct the Secretary of Agriculture to complete a land exchange with
Georgia Power Company.
IN THE SENATE OF THE UNITED STATES
March 15, 1999
Mr. COVERDELL (for himself and Mr. CLELAND) introduced the following bill;
which was read twice and referred to the Committee on Agriculture, Nutrition,
and Forestry
A BILL
To direct the Secretary of Agriculture to complete a land exchange with
Georgia Power Company.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the `Lake Oconee Land Exchange Act'.
SEC. 2. LAKE OCONEE LAND EXCHANGE.
(a) DEFINITIONS- In this section:
(1) DESCRIPTION OF THE BOUNDARY- The term `description of the boundary'
means the documents entitled `Description of the Boundary' dated September
6, 1996, prepared by the Forest Service and on file with the Secretary.
(2) EXCHANGE AGREEMENT- The term `exchange agreement' means the agreement
between Georgia Power Company and the Forest Service dated December 26,
1996, as amended on August 17, 1998, on file with the Secretary.
(3) GEORGIA POWER COMPANY- The term `Georgia Power Company' means Georgia
Power Company, a division of the Southern Company, a Georgia corporation,
or its successors or assigns.
(4) SECRETARY- The term `Secretary' means the Secretary of Agriculture.
(1) IN GENERAL- Simultaneously with conveyance by Georgia Power Company
to the Secretary of all right, title, and interest in and to the land described
in paragraph (2), the Secretary shall--
(A) convey to Georgia Power Company all right, title, and interest
in and to the land described in paragraph (3), except as provided in the
exchange agreement; and
(B) make a value equalization payment of $23,250 to Georgia Power Company.
(2) LAND TO BE CONVEYED TO THE SECRETARY- The land described in this
paragraph is the land within or near the Chattahoochee National Forest
and Oconee National Forest in the State of Georgia, comprising approximately
1,175.46 acres, described in the exchange agreement and the description
of the boundary.
(3) LAND TO BE CONVEYED TO GEORGIA POWER COMPANY- The land described
in this paragraph is the land in the State of Georgia, comprising approximately
1,275.80 acres, described in the exchange agreement and the description
of the boundary.
(c) PARTIAL REVOCATION OF WITHDRAWALS-
(1) IN GENERAL- The orders issued by the Federal Energy Regulatory
Commission under section 24 of the Federal Power Act (16 U.S.C. 818), authorizing
Power Project Numbers 2413 and 2354, issued August 6, 1969, and October
1, 1996, respectively, are revoked insofar as the orders affect the land
described in subsection (b)(3).
(2) NO ANNUAL CHARGE- No interest conveyed to Georgia Power Company
or easement right retained by Georgia Power Company under this section
shall be subject to an annual charge for the purpose of compensating the
United States for the use of its land for power purposes.