Section 11. Conveyance by Department of General Services and the Pennsylvania State System of Higher Education.
(a) Authorization.--The Department of General Services and the Pennsylvania State System of Higher Education are hereby authorized to convey to the Oil Region Alliance of Business, Industry and Tourism certain land and buildings situate in Oil City, Venango County, being the remaining portion of the Venango Campus of Pennsylvania Western University (Clarion), for the sum of $1.
(b) Property description.--The property to be conveyed under subsection (a) consists of approximately 1.38 acres, and improvements thereon, bounded and described as follows:
All that certain piece or parcel of land situate in the Fourth Ward of the City of Oil City, County of Venango, and Commonwealth of Pennsylvania, bounded and described as follows:
BEGINNING at a point, which point is presently marked and designated by a concrete monument located South 62 degrees 8 minutes 40 seconds East one hundred ninety-seven and twenty-two one-hundredths (197.22) feet, more or less, from the center line of West First Street, said beginning point being likewise the Northeast corner of land now or formerly of Elizabeth Weir Jones, said beginning point being likewise the "stone" in the line between the original Hays Farm and Bushnell Tract mentioned in the 29th line of the description in the Deed from First Seneca Bank & Trust Company, et al, Executors and Trustees under the Last Will and Testament of John H. Glass, to Venango Campus, Inc., bearing date November 8, 1961, recorded in Venango County, Pennsylvania, in Deed Book 658, at page 37, and which said beginning point is likewise Northeastwardly six hundred thirty-five (635) feet from the southwest corner of the land conveyed to Venango Campus, Inc., as aforesaid; thence by other land now or formerly of Venango Campus, Inc., North 25 degrees 7 minutes East three hundred thirty-three and seventy-one one-hundredths (333.71) feet to a point; thence likewise by land now or formerly of Venango Campus, Inc., North 64 degrees 53 minutes West, one hundred eighty-two and one one-hundredths (182.01) feet, more or less, to a point on the Southeasterly boundary of West First Street; thence along the said Southeasterly boundary of the said Street, South 25 degrees 07 minutes West, three hundred twenty-five (325) feet to a point on the Northerly line of land now or formerly of Elizabeth Weir Jones, said point being also on one of the original southerly tract lines of the land conveyed to Venango Campus, Inc., by the Deed recorded in Deed Book 658, at page 37, as aforesaid; thence along land now or formerly of Elizabeth Weir Jones, South 62 degrees 08 minutes 40 seconds East, one hundred seventy-eight and forty-seven one-hundredths (178.47) feet, more or less, to the place of beginning.
Being Tax Parcel Number 16-031-029.
Containing one and thirty-eight one-hundredths (1.38) acres of land, more or less.
TOGETHER with all of Grantor's right, title and interest in and to a certain right-of-way for ingress, egress and regress as the right-of-way is made, contained, limited and defined in Venango County Deed Book 686, Page 189 and Deed Book 696, page 489.
Being the same premises conveyed by Clarion University Foundation to Commonwealth of Pennsylvania, State System of Higher Education, by deed dated September 17, 1987, and recorded at the Office of the Recorder of Deeds of Venango County at Book 898, Page 74.
(c) Easements, servitudes and rights of others.--The conveyances authorized by this section shall be made under and subject to all lawful and enforceable easements, servitudes and rights of others, including, but not confined to, streets, roadways and rights of any telephone, telegraph, water, electric, gas or pipeline companies, as well as under and subject to any lawful and enforceable estates or tenancies vested in third persons whether or not appearing of record, for any portion of the land or improvements erected thereon.
(d) Deed.--The conveyance authorized by subsection (a) shall be made by quitclaim deed to be executed by the Secretary of General Services in the name of the Commonwealth of Pennsylvania and by the Chancellor of the State System of Higher Education in the name of the Commonwealth of Pennsylvania, State System of Higher Education.
(e) Costs and fees.--Costs and fees incidental to the conveyances authorized by this section shall be borne by the grantee.
(f) Expiration.--The authority granted by this section shall expire on the third anniversary of the effective date of this section.