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1995 SESSION
LD5787100Be it enacted by the General Assembly of Virginia:
1. § 1. That in accordance with and as evidence of General Assembly approval pursuant to § 10.1-109 of the Code of Virginia, the Department of Conservation and Recreation is hereby authorized to convey to Westvaco Corporation, its successors and assigns, upon terms as the Department deems proper, with the approval of the Governor and the Attorney General, parcels of real property located in James River State Park in Buckingham County.
§ 2. In consideration for such conveyance, the Department is authorized to accept, on behalf of the Commonwealth, a conveyance from Westvaco Corporation of real property adjacent to James River State Park.
§ 3. The exchange of real property shall be an approximate acre for acre; however, because this exchange is undertaken with specific parcels of land with specific and unchangeable boundaries, any difference in fair market value will be balanced with a cash payment in the amount of that difference to the party receiving the lesser valued property.
The deeds of conveyance shall be in the form approved by the Attorney General.