Section 6. (a) The Department of General Services, with the approval of the Governor and the Department of Agriculture, is hereby authorized and directed on behalf of the Commonwealth of Pennsylvania to grant and convey to The Pennsylvania State University, for one-half of the fair market value or a savings to the Commonwealth equal to the value of the property, the following tract of land and buildings erected thereon:
All that certain lot, piece or parcel of land situate, lying and being in Ferguson Township, Centre County, Pennsylvania, bounded and described as follows:
Beginning at a nail in the pavement of highway Route Number 45, on the western boundary of the tract of which this is a part; thence north 23 degrees 13 minutes west, a distance of 14 feet, more or less, to a point, said point being the true point of beginning of the tract herein conveyed; thence along the western boundary of the tract of which this is a part, north 23 degrees 13 minutes west 181 feet; thence through the tract of which this is a part, the following courses and distances: north 84 degrees east 191 feet; north 6 degrees west 31 feet; north 84 degrees east 50 feet; north 62 degrees east 160 feet; north 28 degrees 45 minutes west 12 feet; north 61 degrees 15 minutes east 35 feet; north 5 degrees west 49.5 feet; south 85 degrees west 3.5 feet; north 20 degrees 30 minutes west 158 feet; north 69 degrees 30 minutes east 33.5 feet; south 20 degrees 30 minutes east 104 feet; south 38 degrees east 71.5 feet; north 85 degrees east 40 feet; south 5 degrees east 346 feet to a point at highway Route Number 45; thence along the same south 85 degrees west 451 feet to the place of beginning.
Containing 2.75 acres.
(b) Costs and fees incidental to these conveyances shall be borne by the respective grantees.