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 Township of Sewickley, Westmoreland County (grantor), to convey the hereinafter described parcels of Project 70 land free of restrictions on use and alienation prescribed by section 20 of the "Project 70 Land Acquisition and Borrowing Act," to Dan Gaich and Rose Gaich, his wife (grantee), under the following conditions:
(1) The parcels conveyed shall be utilized only for
construction of a roadway from Township Route 414 (Maple
Street) to serve adjoining property of the grantee and all
interests in the parcels shall revert to the grantor if no
longer needed for said means of ingress and egress.
(2) A payment of $3,000 shall be made by the grantee to
the grantor with $1,500 being retained by the grantor for
recreational improvements on the Project 70 park site and
$1,500 being transferred to the Commonwealth of Pennsylvania
for deposit into the Project 70 Land Acquisition Sinking
Fund.
(b) The Document of Conveyance shall be prepared by the Township of Sewickley and filed in the Westmoreland County Recorder of Deeds Office.