Section 1. (a) Pursuant to the requirements of section 20(b), 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 hereby authorizes the City of Monessen, Westmoreland County, to convey the hereinafter described right-of-way through Project 70 land known as Columbus Park to the Duquesne Slag Products Company, a Pennsylvania Corporation, in exchange for extinguishment of Duquesne Slag Products Company's existing right-of-way through said park.
(b) The right-of-way conveyed by the City of Monessen shall be free of restrictions on use and alienation prescribed by section 20 of the Project 70 Land Acquisition and Borrowing Act upon:
(1) completion of the exchange as hereinafter provided
in this act; and
(2) execution and filing of a document of conveyance and
extinguishment, citing the exchange and release of said land
from the restrictions on use and alienation prescribed by
section 20(b) of said act.
(c) The document of conveyance and extinguishment shall be prepared by the City of Monessen and filed in the Office of the Recorder of Deeds of Westmoreland County. Compliance with this section constitutes the express approval of the General Assembly of release of the restrictions on use and alienation of the right-of-way conveyed by the City of Monessen hereunder required by section 20(b) of the Project 70 Land Acquisition and Borrowing Act.