Section 4. Authorization for corrective deed and for quitclaim and release in Borough of Coudersport, Potter County.
(a) Authorization for corrective deed.--The Department of General Services is authorized to issue a corrective deed to the Potter County Housing Authority to correct the name of the grantee with respect to that certain property previously conveyed by the Commonwealth of Pennsylvania to the Potter County Housing and Redevelopment Authority, by deed dated March 7, 1996, and recorded at the Office of the Recorder of Deeds of Potter County at Record Book 258, Page 641-644, pursuant to authority provided by the act of December 7, 1994 (P.L.677, No.103), entitled "An act authorizing and directing the Department of General Services, with the approval of the Governor, to convey to East Pikeland Township a tract of land situate in East Pikeland Township, Chester County, Pennsylvania; authorizing the conveyance of a permanent right-of-way over certain State land to the Middletown Fire Company No. 1, Delaware County, Pennsylvania; authorizing and directing the Department of General Services, with the approval of the Governor and the Department of Corrections, to convey a tract of land in Mount Joy Township, Lancaster County; authorizing the Department of General Services, with the approval of the Governor, to convey a tract of land situate in Frenchcreek Township, Venango County; authorizing and directing the Department of General Services, with the approval of the Governor, to convey to Glade Township Volunteer Fire Department, Inc., a tract of land situate in Glade Township, Warren County; authorizing and directing the Department of General Services, with the approval of the Governor, the Department of Agriculture, the Department of Public Welfare and the Department of Transportation, to convey to Upper St. Clair Township a tract of land situate in Upper St. Clair Township, Allegheny County, Pennsylvania; authorizing and directing the Department of General Services, with the approval of the Governor, to grant and convey to the Potter County Housing and Redevelopment Authority, land situate in the Borough of Coudersport, Potter County, Pennsylvania; authorizing the Department of General Services, with the approval of the Governor, to sell and convey a tract of land situate in East Allen Township, Northampton County, Pennsylvania, to East Allen Township; authorizing the Department of General Services, with the approval of the Governor, to convey to Northampton County a tract of land situate in both East Allen Township and Allen Township, Northampton County, Pennsylvania; and making a repeal."
(b) Authorization for quitclaim and release.--The Department of General Services, with the approval of the Governor, is hereby authorized on behalf of the Commonwealth of Pennsylvania to quitclaim and release to the Potter County Housing Authority any right, title or interest it may have with respect to the "Declaration of Covenant," containing a use restriction and a related reversionary interest as required by section 7(c) of the act of December 7, 1994 (P.L.677, No.103), set forth in that certain deed from the Commonwealth of Pennsylvania to the Potter County Housing and Redevelopment Authority, dated March 7, 1996, and recorded at the Office of the Recorder of Deeds of Potter County at Record Book 258, Page 641-644, and any corrective deed, to enable the Potter County Housing Authority to convey such property free of such Declaration of Covenant. Such quitclaim and release shall be made on such terms, conditions and for such consideration as are acceptable to the Secretary of General Services.
(c) Property description.--The corrective deed referenced under subsection (a) and the Declaration of Covenant referenced under subsection (b) affect the following:
ALL that certain piece, parcel or tract of land situate, lying and being in the First Ward, Borough of Coudersport, County of Potter and Commonwealth of Pennsylvania, bounded and described as follows:
BEGINNING at a stake corner, said corner is the NORTHEAST corner of the parcel of land herein described, said corner is the intersection of the SOUTH right-of-way line of Seventh Street with the WEST easement line of the Coudersport Flood Control Project on the Allegheny River, THENCE along the WEST easement line of the Coudersport Flood Control Project, said easement line being ten (10) feet from the top inside edge of the WEST concrete retaining wall on the bank of the Allegheny River, SOUTH 01 degrees 07 minutes WEST, one hundred and six tenths (100.6) feet to a stake corner, said corner being a common corner with that of land belonging to Harold Bradley; THENCE along the line of Harold Bradley, of which this parcel is a part, NORTH 82 degrees 30 minutes WEST, one hundred forty-one and one tenth (141.1) feet to a stake corner, said corner being on the line of land belonging to Mrs. Kathryn Ives; THENCE along the land of Mrs. Kathryn Ives, NORTH 07 degrees 30 minutes EAST, one hundred (100.0) feet to a stake corner, said corner is a common corner with that of land belonging to Mrs. Kathryn Ives, said corner is on the SOUTH right-of-way line of Seventh Street, said right -of-way line being thirty-three (33) feet from the centerline thereof; THENCE along the SOUTH right-of-way line of Seventh Street, SOUTH 82 degrees 30 minutes EAST, one hundred twenty-nine and nine tenths (129.9) feet to the place of BEGINNING.
CONTAINING 0.31-acres, more or less.
BEING Tax Parcel No. 061-005-097.
(d) Legal instruments.--The corrective deed referenced under subsection (a) and any legal instruments necessary to effectuate the quitclaim and release of any right, title or interest the Commonwealth of Pennsylvania may have with respect to the Declaration of Covenant referenced under subsection (b) shall be executed by the Secretary of General Services in the name of the Commonwealth of Pennsylvania.
(e) Costs and fees.--Any costs and fees incidental to the release hereby authorized shall be borne by the Potter County Housing Authority.
(f) Proceeds.--Any proceeds received by the Department of General Services for the quitclaim and release hereby authorized shall be deposited into the General Fund.