Section 1. Conveyance in City of Oil City, Venango County.
(a) Authorization.--The Department of General Services, with the approval of the Department of Military and Veterans Affairs and the Governor, to grant and convey, at a price to be determined through competitive bidding, the following tract of land together with any buildings, structures or improvements thereon, situate in the City of Oil City, Venango County.
(b) Property description.--The property to be conveyed pursuant to subsection (a) consists of approximately 0.23 acres and building, bounded and more particularly described as follows:
ALL THAT CERTAIN tract of land situate in the Fifth Ward of the City of Oil City, Venango County more particularly bounded and described as follows:
BEGINNING at the Southeast corner of East Second Street and State Street; thence Easterly along the Southerly side of East Second Street, one hundred (100) feet; thence Southwardly at right angles to said line of East Second Street, Ninety-nine and ninety-two hundredths (99.92) feet to line of property conveyed by Thomas M. Burk and wife to Edgar T. Eichner by deed dated February 21, 1901, recorded in Deed Book Volume 253, Page 90; thence Westwardly along said Eichner's line, one hundred (100) feet to the Easterly line of State Street aforesaid; thence Northwardly and along said line of State Street, Ninety-nine and ninety-two hundredths (99.92) feet to corner of East Second Street, the place of BEGINNING.
BEING Tax Parcel No. 16-006-206.
BEING the same premises conveyed from Ida R. Magee, unmarried, to the Commonwealth of Pennsylvania, by deed dated June 6, 1914 and recorded July 10, 1914, in the County of Venango, Pennsylvania, in Deed Book 333, Page 185.
(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.--Any 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 the laws of this Commonwealth. The condition shall be a covenant running with the land and shall be binding upon the grantee and its successors. Should the grantee or its successors 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 by special warranty deed and shall be executed by the Secretary of General Services in the name of the Commonwealth of Pennsylvania.
(f) Proceeds.--The proceeds from the sale shall be deposited in the State Treasury Armory Fund.