Section 1. Authorization of transfer; conditions.
(a) 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 authorizes the Board of the Troy Borough Municipal Authority to transfer the hereinafter described land in Troy Township, Bradford County, to the Department of Transportation for Highway Project SR 0014, Section 043.
(b) The land shall be free of the restrictions on use and alienation prescribed by section 20 of the Project 70 Land Acquisition and Borrowing Act upon:
(1) the Department of Transportation making or agreeing to make certain improvements beneficial to Alparon Park, as agreed upon by the parties; and
(2) the execution and filing of a document of release citing such agreed upon improvements and release of the land from the restrictions on use and alienation prescribed by section 20(b) of the act.
(c) The document of release shall be prepared in the manner provided by law and filed in the office of the recorder of deeds of the county in which the land is located. Compliance with this subsection constitutes the express approval of the General Assembly of the release of the restrictions on the use or alienation of lands acquired by the Department of Transportation required by section 20(b) of the act.