Section 5. Delaware County.
(a) The Department of General Services, with the approval of the Department of Transportation and the Governor, is hereby authorized on behalf of the Commonwealth of Pennsylvania to grant and convey to Wyeth-Ayerst Laboratories the Department of Transportation's District 6-0 Office Facility, land and buildings situate in Radnor Township, Delaware County, described in subsection (b) for fair market value as determined by an independent appraisal.
(b) The property to be conveyed pursuant to subsection (a) consists of the Department of Transportation's District 6-0 Office Facility, bounded and more particularly described as follows:
Beginning at a point on the title line of the bed of Radnor and Chester Road (50 feet wide), said point being measured by the two following courses and distances along the said title line, through the bed of Radnor and Chester Road from a spike forming the intersection of the said title line in the bed of the Radnor and Chester Road and the title line in the bed of Lancaster Avenue (U.S. Route 30) (50 feet wide): (1) north 26 degrees 23 minutes east 224.65 feet to an iron pin, and (2) north 67 degrees 56 minutes east 280.99 feet to the point of beginning; thence extending from said point of beginning north 24 degrees 15 minutes west, crossing the northwesterly side of Radnor and Chester Road 401.11 feet to a point; thence extending north 65 degrees 45 minutes east 564.02 feet to a point; thence extending south 24 degrees 15 minutes east, crossing a marble stone and also crossing another marble stone on the northwesterly side of Radnor and Chester Road (the last marble stone mentioned being at the distance of 25.00 feet measured on a bearing of north 24 degrees 15 minutes west through the bed of Radnor and Chester Road from a spike on the title line in the bed of Radnor and Chester Road) 415.02 feet to the aforesaid spike on the title line in the bed of Radnor and Chester Road; thence extending along the said title line through the bed of Radnor and Chester Road the two following courses and distances: (1) south 65 degrees 06 minutes west 153.52 feet to a spike, and (2) south 67 degrees 56 minutes west 410.81 feet to the first mentioned point and place of beginning.
Containing 5.30 acres, more or less.
(c) 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) The deed of conveyance shall be by special warranty deed and shall be executed by the Secretary of General Services in the name of the Commonwealth of Pennsylvania.
(e) Costs and fees incidental to this conveyance shall be borne by the grantee.
(f) The proceeds from the sale shall be deposited in the Capital Facilities Fund to pay for costs and fees incurred for the purchase or construction of a new District 6-0 Office Facility as well as the costs and fees incurred by the Department of General Services as authorized under section 2406-A of the act of April 9, 1929 (P.L.177, No.175), known as The Administrative Code of 1929. Any proceeds remaining after payment of these costs shall be transferred to the General Fund.
(g) In the event that this conveyance is not executed within 12 months of the Department of Transportation vacating the premises, the property may be disposed of, with the approval of the Department of Transportation, in accordance with section 2405-A of The Administrative Code of 1929. The proceeds from the sale shall be deposited in accordance with subsection (f).