1. The Virginia Community College System, with the approval of the Governor as otherwise provided by law, is hereby authorized to accept, at no cost to the Commonwealth, certain real property, described generally as 40 acres, more or less, situated in the Victory Crossing Business Park in the City of Portsmouth, said conveyance being for the beneficial purpose of relocating the Portsmouth Campus of Tidewater Community College to a location that will better serve the residents of that city.

2. Prior to acceptance of said property, assurances satisfactory to the Virginia Community College System and the Governor shall be made indicating that the property is free from hazardous materials and conditions.