Section 2. Conveyance in Lackawanna County.
(a) Authorization.--The Department of General Services, with the approval of the Department of Education and the Governor, is hereby authorized on behalf of the Commonwealth of Pennsylvania to grant and convey to Marywood University, approximately ten acres including nine buildings and all improvements thereon, as described in subsection (b) for $500,000.
(b) Property description.--The property to be conveyed, pursuant to subsection (a) consists of approximately ten acres, including nine buildings and all improvements thereon, more particularly described as follows:
ALL THAT CERTAIN tract of land situate in the City of Scranton and the Borough of Dunmore, Lackawanna County, being more particularly bound and described as follows:
BEGINNING at the easterly intersection of Washington Avenue and Electric Street, then North 40 degrees 30 minutes East along Washington Avenue 464.2 feet to a corner about the center of the Old Drinker Turnpike now vacated and abandoned and reverted to adjoining owners who have adjusted the lines of the division of the said Turnpike; thence along said Turnpike South 49 degrees 30 minutes East 338 feet to a corner; thence South 60 degrees 10 minutes East about 57 feet to the center line of Adams Avenue; thence North 40 degrees 30 minutes East along said center line 47 feet to a corner; thence South 49 degrees 30 minutes East 317 feet to a corner; thence South 12 degrees 00 minutes West 143 feet to a corner on the Northerly fence line of Jefferson Avenue; thence South 40 degrees 30 minutes West along said Jefferson Avenue 390.2 feet to the easterly fence line of Electric Street; thence North 49 degrees 40 minutes West along said Electric Street 785 feet to the place of BEGINNING.
BEING the same premises conveyed from the Pennsylvania Oral School for the Deaf to the Commonwealth of Pennsylvania, by deed dated December 10, 1915 and recorded January 20, 1916, in the Office of the Recorder of Deeds for the County of Lackawanna, Pennsylvania, in Deed Book 276, Page 207.
(c) Conditions.--The conveyance shall be made under and subject to all lawful and enforceable easements, servitudes and rights of others, including, but not confined to, streets, roadways and rights of any telephone, telegraph, water, electric, gas or pipeline companies, as well as under and subject to any lawful and enforceable estates or tenancies vested in third persons appearing of record, for any portion of the land or improvements erected thereon.
(d) Restriction.--The conveyance authorized under this section shall be made under and subject to the condition, which shall be contained in the deed of conveyance, that no portion of the property conveyed shall be used as a licensed facility, as defined in 4 Pa.C.S. § 1103 (relating to definitions), or any other similar type of facility authorized under State law. The condition shall be a covenant running with the land and shall be binding upon the grantee, its successors and assigns. Should the grantee, its successors or assigns permit any portion of the property authorized to be conveyed in this section to be used in violation of this subsection, the title shall immediately revert to and revest in the grantor.
(e) Deed.--The deed of conveyance shall be executed by the Secretary of General Services in the name of the Commonwealth.
(f) Deposit of proceeds.--Proceeds from this conveyance shall be deposited into the General Fund.
(g) Costs and fees.--Costs and fees incidental to this conveyance shall be borne by the grantee.
(h) Alternate disposition.--In the event that this conveyance is not executed within one year of the effective date of this section, the property may be disposed of in accordance with section 2405-A of the act of April 9, 1929 (P.L.177, No.175), known as The Administrative Code of 1929.