Section 1. (a) The Department of General Services, with the approval of the Governor and the Department of Military Affairs, is hereby authorized and directed on behalf of the Commonwealth of Pennsylvania to grant and convey to the Borough of Milton, Northumberland County, for a consideration of one-half the fair market value as determined by an independent appraiser approved by the Department of Military Affairs, the following improved tract of land situate in the Borough of Milton, Northumberland County, Pennsylvania, bounded and described as follows:
All that certain lot or parcel of ground situate in the Third Ward of the Borough of Milton, Northumberland County, Pennsylvania, bounded and described as follows, to wit:
Beginning at a point on the east side of Ridge Avenue, which point is at the southwest corner of lands of Shimer Hose Company, and running thence along said Shimer Hose Company lands, south 84 degrees 28.25 minutes east a distance of 150 feet to a stake; thence along other lands of Milton Borough School District, south 05 degrees 26.50 minutes west a distance of 150 feet to a stake; thence along other lands of Milton Borough School District, north 84 degrees 28.25 minutes west a distance of 150 feet to Ridge Avenue; and thence along the east side of Ridge Avenue, north 05 degrees 26.50 minutes east a distance of 150 feet to the place of beginning.
(b) The conveyance shall be made under and subject to all easements, servitudes and rights of others, including, but not confined to, streets, roadways and rights of telephone, telegraph, water, electric, sewer, gas or pipeline companies, as well as under and subject to any interest, estates or tenancies vested in third persons, whether or not appearing of record, for any portion of the land or improvements erected thereon.
(c) The deed of conveyance shall be approved as provided by law and shall be executed by the Secretary of General Services in the name of the Commonwealth of Pennsylvania.
(d) The deed of conveyance shall contain a clause that the lands conveyed shall be used for municipal purposes by the Borough of Milton, and if at any time the Borough of Milton or its successor in function conveys said property or permits said property to be used for any purpose other than that aforementioned, the title thereto shall immediately revert to and revest in the Commonwealth of Pennsylvania.
(e) The deed of conveyance shall contain a clause providing that the owner will rehabilitate and maintain the property in accordance with the approaches in "The Secretary of the Interior's Standards for Rehabilitation and Guidelines for Rehabilitating Historic Buildings (U.S. Department of the Interior, National Park Service, 1983)."
(f) Costs and fees incidental to this conveyance shall be borne by the grantee.