(1) The Game and Parks Commission is authorized to convey to the county of Chase for public purposes the following described real estate, now known as Champion Mill State Historical Park, situated in the county of Chase, in the State of Nebraska, to wit: All of block 4, original town of Champion, Nebraska, and lots 1, 2, and 3, lot 4 except beginning at the southwest corner of lot 4 in block 5 of the original town of Champion, Nebraska, said point of beginning being at the point of intersection of the north property line of Second Street and the east line of the alley in said block 5; thence running north along the west line of said lot 4 a distance of 70 feet; thence running east 75 feet parallel with the south line of said lot 4; thence south parallel with the west line of lot 4 a distance of 70 feet to intersect the south line of said lot 4; thence west along the south line of said lot 4 a distance of 75 feet to the place of beginning, the north half of lot 9, and all of lots 10, 11, 12, and 13, all in block 5, original town of Champion, Nebraska.

(2) The Game and Parks Commission is authorized to convey to the county of Chase for public purposes the following described real estate, now known as Champion Lake State Recreation Area, situated in the county of Chase, in the State of Nebraska, to wit:

(a) The following described portion of the southwest quarter of section 21, township 6 north, range 39 west of the 6th principal meridian in Chase County, Nebraska, to wit: Beginning at the northeast corner of said quarter section; thence west on the north line of said quarter section 1,017 feet to a stone; thence southeasterly 992 feet in a straight line to a point on the west line of the west side of block 23, West Champion, which is 102.5 feet south of the northwest corner of said block 23; thence north 102.5 feet to the northwest corner of said block 23, in West Champion; thence east along the north side of said block 23 and along a line which is the north side of said block 23 produced eastward to the east line of said quarter section; thence north along the east line of said quarter section 644 feet to the northeast corner of said quarter section; and

(b) The following described property, same being a part of the northwest quarter of the southeast quarter of section 21, township 6 north, range 39 west of the 6th principal meridian in Chase County, Nebraska, to wit: Beginning at the northwest corner of the southeast quarter of section 21, township 6 north, range 39 west of the 6th principal meridian in Chase County, Nebraska, and running thence east 1,080 feet; thence south 100 feet to the north line of Fourth Street of the original town of Champion, Nebraska; thence west along the said north line of Fourth Street aforesaid 1,080 feet; thence north 100 feet to the place of beginning, said land being also described as Lots 3, 4, 5, 6, 7, 8, 9, 10, and 11, Champion subdivision of the northwest quarter of the southeast quarter of section 21, township 6 north, range 39 west of the 6th principal meridian in Chase County, Nebraska.

(3) Title to the property described in subsections (1) and (2) of this section shall remain with Chase County unless (a) Chase County ceases to operate the property as a public park and recreation area or (b) a financial need arises pertaining to the park that is detrimental to the county. In either case title to such property shall revert to the Game and Parks Commission.