The state board of regents for and on behalf of the state of Kansas is hereby authorized and directed to convey by quitclaim deed to the United States government, department of agriculture, a tract of land located in township ten (10) south, range seven (7) east of the sixth (6th) P.M., in Riley county, Kansas, being more particularly described as follows:

Part of the north half of the southwest quarter of section 12, township 10 south, range 7 east of the 6th principal meridian more particularly described as follows: Beginning at a point that is 40.0 feet south of the northeast corner of said southwest quarter of section 12-10-7 and on the east line of said southwest quarter; thence west 1200 feet parallel to the north line of said southwest quarter; thence south 450.0 feet parallel to the east line of said southwest quarter; thence east 1200.0 feet to a point on the east line of said southwest quarter that is 450.0 feet south of the point of beginning; thence north 450.0 feet to the point of beginning, containing 12.39 acres more or less all in Riley county, Kansas.

Said deed shall be executed by the chairman of the state board of regents and attested by the executive secretary of said board. The deed to said property shall provide that in the event that for any reason the construction of the United States grain marketing research center by the agricultural research service of the United States department of agriculture on land hereby conveyed is not started within thirty (30) months from the date title to the land and the form of the deed is approved by the attorney general or within thirty-six (36) months of the date of this deed, whichever occurs first, the title to said tract of land shall revert to the state of Kansas; and shall also provide for the retention by the state of Kansas of all mineral rights in and under such property, together with ingress and egress thereto for production of any oil, gas, or other mineral.