Section 11. Release of restrictions in Glen Rock Borough, York County.
(a) Authorization.--Pursuant to the requirements of section 20(b) of the act of June 22, 1964 (Sp.Sess., P.L.131, No.8), known as the Project 70 Land Acquisition and Borrowing Act, the General Assembly hereby authorizes the release of Project 70 restrictions from the land owned by Glen Rock Borough, York County, which is more particularly described in subsection (c), in exchange for the development of park and open space lands described in subsection (d).
(b) Land to be released from Project 70 restrictions.--Glen Rock Borough intends to sell a parcel of land it owns and therefore wishes to release the land described in subsection (c) from Project 70 restrictions.
(c) Description of premises to be conveyed.--ALL that certain tract of land, with any improvements thereon erected, situate, lying and being in the Township of Codorus, and Township of Shrewsbury, County of York, Commonwealth of Pennsylvania, being more particularly described as follows:
BEGINNING at a spike in Pennsylvania Legislative Route No. 66122 at a corner of land now or formerly of Glen Rock Water Authority; thence along land of said Authority, and passing through an iron pipe set back sixteen and five-tenths (16.5) feet from said spike, South fifty-two (52) degrees East, two hundred thirty (230) feet, crossing the boundary between Codorus and Shrewsbury Townships, to an iron pipe; thence along land now or formerly of A. P. Dise, South forty-one (41) degrees thirty (30) minutes West, two hundred eighty-four (284) feet to an iron pipe; thence along same, South twenty-five (25) degrees two (02) minutes West, eight hundred thirty-three and thirty-nine one-hundredths (833.39) feet to an iron pipe; thence along land now or formerly of Hazel Kopp, North fifty-nine (59) degrees forty-five (45) minutes West, thirty-six (36) feet to an iron pipe at Centerville Creek; thence along said land now or formerly of Hazel Kopp, South fifty (50) degrees West, three hundred ten (310) feet to an iron pipe at the confluence of Centerville Creek and Pierceville Run; thence along land of William Wilson and re-crossing the boundary between Shrewsbury and Codorus Townships, North thirty-eight (38) degrees twenty-seven (27) minutes West, one hundred seventy-seven and twenty-three one-hundredths (177.23) feet to a post; thence along same, North fifty-five (55) degrees thirty (30) minutes East, one hundred thirty-five and seventy-two one-hundredths (135.72) feet to an iron pipe; thence along same, North forty-two (42) degrees forty-eight (48) minutes West, one hundred two and thirty-six one-hundredths (102.36) feet to a spike in said Pennsylvania Legislative Route No. 66122; thence in and along said Legislative Route, South forty-nine (49) degrees forty-two (42) minutes West, nineteen and fourteen one-hundredths (19.14) feet to a spike in said Legislative Route; thence along land now or formerly of William Wilson, North forty (40) degrees thirty (30) minutes West, three hundred sixty-eight (368) feet to an iron pipe; thence along land now or formerly of Robert E. Haugh, North twenty-six (26) degrees West, two hundred thirty-one (231) feet to an iron pipe; thence along same, North seven (07) degrees thirty (30) minutes East, four hundred ninety-nine (499) feet to an iron pipe; thence along same, North thirteen (13) degrees thirty-two (32) minutes East, four hundred nineteen and ninety-four one-hundredths (419.94) feet to a Black Oak (36" in diameter); thence along land now or formerly of Elmo M. Rodenberger, South sixty-three (63) degrees eighteen (18) minutes East, nine hundred fifty-three and seven-tenths (953.7) feet to a spike in Pennsylvania Legislative Route No. 66122; thence in and along said Legislative Route, North thirty-five (35) degrees seventeen (17) minutes East, sixty-one and three-tenths (61.3) feet to the spike and the place of BEGINNING. The foregoing description is based upon a field survey on September 24, 1968, by Gordon L. Brown, Registered Surveyor.
CONTAINING 25.617 acres.
BEING the same premisise Mae Wilson, widow, granted and conveyed to Glen Rock Borough by virtue of deed dated November 16, 1968, and recoded in the office of the Recorder of Deeds of York County, Pennsylvania, in Deed Book 61-S, Page 698.
(d) Use of sale proceeds and interest.--An amount equal to the sales price payment made to Glen Rock Borough for the land described in subsection (c) or the appraised value as determined by an appraisal report prepared by Agrarian Associates Inc. on July 18, 2018, whichever is greater, but not to be lesser than the appraised value, shall be deposited into a special interest-bearing account established by Glen Rock Borough for development of park and open space lands owned by Glen Rock Borough. None of the funds shall be disbursed from this special account until a plan is developed by Glen Rock Borough for the intended use of the funds and until such plan has been approved by the Department of Conservation and Natural Resources. Any funds remaining in the special account five years after the date of deposit by Glen Rock Borough shall immediately be paid to the Commonwealth for deposit into the Project 70 Land Acquisition Sinking Fund or current equivalent.