Authorizes Eagle and Pitkin Counties in the State of Colorado to offer for exchange to the United States specified lands located in the White River National Forest. Requires the Secretary of Agriculture, within 90 days after receipt of a quitclaim deed from the Counties for such lands, to convey to the Counties all rights of the United States to specified lands located in the Mt. Sopris Tree Nursery (MSTN).

Expresses the intention of the Congress that any lands and water rights conveyed to the Counties pursuant to this Act be retained by the Counties and used solely for public recreation and recreational facilities, open space, fairgrounds, and such other public purposes as do not significantly reduce the portion of such lands in open space.

Requires the Secretary, in the deed of conveyance to the Counties, to provide that all rights in and to lands and water rights conveyed shall revert back to the United States in the event that such lands or water rights are sold or otherwise conveyed by the Counties or are used other than for public purposes. Directs the Secretary to complete appraisals of the lands to be exchanged. Specifies that $120,000 shall be deducted from the value of the Counties' offered lands to reflect any adverse claims against such lands which may be adjudicated pursuant to this Act.

Requires the Secretary to determine whether the values of the lands to be exchanged are equal and immediately notify the Counties. Provides that, if the values are not equal, any cash equalization which would otherwise be owed to the Counties by the United States shall be waived and any equalization amount which may be owed to the United States by the Counties shall be satisfied through conveyance to the United States (within five years) of additional lands or interests in lands acceptable to the Secretary.

Provides that: (1) the National Forest inholdings acquired by the United States pursuant to this Act shall become a part of the White River, Gunnison, and Arapaho National Forests, or a part of an appropriate existing wilderness area; and (2) the Quiet Title Act shall be the sole legal remedy of any party claiming any rights in or to any National Forest inholdings conveyed by the Counties to the United States pursuant to this Act.

Requires, upon conveyance of the National Forest inholdings to the United States, that the Secretary publish a list of such acquired properties in a newspaper of general circulation in the Counties, together with a statement that any party desiring to assert a claim of any rights in or to such inholdings must bring a civil action against the United States pursuant to the Quiet Title Act in the U.S. District Court for the District of Columbia within six years after the publication of such listing.

Sets forth additional provisions with respect to: (1) the vesting of title in the United States; (2) reimbursement of U.S. costs by the losing party in an action to quiet title; and (3) the obligation of the Counties (as a condition of any transfer of lands to the Counties under this Act) to reimburse the United States for 50 percent of costs in excess of $240,000 of defending any claim or legal action against the United States with respect to rights in or to the inholdings that is not reimbursed by a losing claimant.

Requires the Counties to reimburse the United States for National Forest inholdings that the United States acquires under this Act that are lost in a final title determination adverse to the United States.

Allocates and provides for the management of the existing water rights in the MSTN, including water well and irrigation ditch rights adjudicated under Colorado law, together with the right to administer, maintain, access, and further develop such rights.

Requires transfers of lands authorized and directed by this Act to be completed within one year after the Counties make a timely offer.

Transfers the White River National Forest Headquarters and administrative offices in Glenwood Springs, Colorado, from the jurisdiction of the U.S. General Services Administration to that of the Secretary, who shall retain such facilities unless and until otherwise provided by subsequent Acts of the Congress.

Authorizes Eagle and Pitkin Counties in the State of Colorado to offer for exchange to the United States specified lands of the White River National Forest. Requires the Secretary of Agriculture, within 90 days after receipt of a quitclaim deed from the Counties for such lands, to convey to the Counties all rights of the United States to specified lands of the Mt. Sopris Tree Nursery (MSTN).

Expresses the intention of the Congress that any lands and water rights conveyed to the Counties pursuant to this Act be retained by the Counties and used solely for public recreation and recreational facilities, open space, fairgrounds, and such other public purposes as do not significantly reduce the portion of such lands in open space.

Requires the Secretary, in the deed of conveyance to the Counties, to provide that all rights in and to lands and water rights conveyed shall revert back to the United States in the event that such lands or water rights are sold or otherwise conveyed by the Counties or are used other than for public purposes. Directs the Secretary to complete appraisals of the lands to be exchanged. Specifies that $120,000 shall be deducted from the value of the Counties' offered lands to reflect any adverse claims against such lands which may be adjudicated pursuant to this Act.

Requires the Secretary to determine whether the values of the lands to be exchanged are equal and immediately notify the Counties. Provides that, if the values are not equal, any cash equalization which would otherwise be owed to the Counties by the United States shall be waived and any equalization amount which may be owed to the United States by the Counties shall be satisfied through conveyance to the United States (within five years) of additional lands or interests in lands acceptable to the Secretary.

Provides that: (1) the National Forest inholdings acquired by the United States pursuant to this Act shall become a part of the White River, Gunnison, and Arapaho National Forests, or a part of an appropriate existing wilderness area; and (2) the Quiet Title Act shall be the sole legal remedy of any party claiming any rights in or to any National Forest inholdings conveyed by the Counties to the United States pursuant to this Act.

Requires, upon conveyance of the National Forest inholdings to the United States, that the Secretary publish a list of such acquired properties in a newspaper of general circulation in the Counties, together with a statement that any party desiring to assert a claim of any rights in or to such inholdings must bring a civil action against the United States pursuant to the Quiet Title Act in the U.S. District Court for the District of Columbia within six years after the date of publication of such listing.

Sets forth additional provisions with respect to: (1) the vesting of title in the United States; (2) reimbursement of U.S. costs by the losing party in an action to quiet title; and (3) the obligation of the Counties (as a condition of any transfer of lands to the Counties under this Act) to reimburse the United States for 50 percent of costs in excess of $240,000 of defending any claim or legal action against the United States with respect to rights in or to the inholdings that is not reimbursed by a losing claimant.

Requires the Counties to reimburse the United States for National Forest inholdings that the United States acquires under this Act that are lost in a final title determination adverse to the United States.

Allocates and provides for the management of the existing water rights in the MSTN, including water well and irrigation ditch rights adjudicated under Colorado law, together with the right to administer, maintain, access, and further develop such rights.

Requires transfers of lands authorized and directed by this Act to be completed within one year if the Counties make a timely offer.

Transfers the White River National Forest Headquarters and administrative offices in Glenwood Springs, Colorado, from the jurisdiction of the U.S. General Services Administration to that of the Secretary, who shall retain such facilities unless and until otherwise provided by subsequent Act of the Congress.

Authorizes Eagle and Pitkin Counties in the State of Colorado to offer for exchange to the United States specified lands of the White River National Forest. Requires the Secretary of Agriculture, within 90 days after receipt of a quitclaim deed from the Counties for such lands, to convey to the Counties all rights of the United States to specified lands of the Mt. Sopris Tree Nursery (MSTN).

Expresses the intention of the Congress that any lands and water rights conveyed to the Counties pursuant to this Act be retained by the Counties and used solely for public recreation and recreational facilities, open space, fairgrounds, and such other public purposes as do not significantly reduce the portion of such lands in open space.

Requires the Secretary, in the deed of conveyance to the Counties, to provide that all rights in and to lands and water rights conveyed shall revert back to the United States in the event that such lands or water rights are sold or otherwise conveyed by the Counties or are used other than for public purposes. Directs the Secretary to complete appraisals of the lands to be exchanged. Specifies that $120,000 shall be deducted from the value of the Counties' offered lands to reflect any adverse claims against such lands which may be adjudicated pursuant to this Act.

Requires the Secretary to determine whether the values of the lands to be exchanged are equal and immediately notify the Counties. Provides that, if the values are not equal, any cash equalization which would otherwise be owed to the Counties by the United States shall be waived and any equalization amount which may be owed to the United States by the Counties shall be satisfied through conveyance to the United States (within five years) of additional lands or interests in lands acceptable to the Secretary.

Provides that: (1) the National Forest inholdings acquired by the United States pursuant to this Act shall become a part of the White River, Gunnison, and Arapaho National Forests, or a part of an appropriate existing wilderness area; and (2) the Quiet Title Act shall be the sole legal remedy of any party claiming any rights in or to any National Forest inholdings conveyed by the Counties to the United States pursuant to this Act.

Requires, upon conveyance of the National Forest inholdings to the United States, that the Secretary publish a list of such acquired properties in a newspaper of general circulation in the Counties, together with a statement that any party desiring to assert a claim of any rights in or to such inholdings must bring a civil action against the United States pursuant to the Quiet Title Act in the U.S. District Court for the District of Columbia within six years after the date of publication of such listing.

Sets forth additional provisions with respect to: (1) the vesting of title in the United States; (2) reimbursement of U.S. costs by the losing party in an action to quiet title; and (3) the obligation of the Counties (as a condition of any transfer of lands to the Counties under this Act) to reimburse the United States for 50 percent of costs in excess of $240,000 of defending any claim or legal action against the United States with respect to rights in or to the inholdings that is not reimbursed by a losing claimant.

Requires the Counties to reimburse the United States for National Forest inholdings that the United States acquires under this Act that are lost in a final title determination adverse to the United States.

Allocates and provides for the management of the existing water rights in the MSTN, including water well and irrigation ditch rights adjudicated under Colorado law, together with the right to administer, maintain, access, and further develop such rights.

Requires transfers of lands authorized and directed by this Act to be completed within one year if the Counties make a timely offer.

Transfers the White River National Forest Headquarters and administrative offices in Glenwood Springs, Colorado, from the jurisdiction of the U.S. General Services Administration to that of the Secretary, who shall retain such facilities unless and until otherwise provided by subsequent Act of the Congress.

Authorizes Eagle and Pitkin Counties in the State of Colorado (the Counties) to offer for exchange to the Secretary of Agriculture all right, title, and interest (rights) of the Counties in specified lands of the White River National Forest. Requires the Secretary, within six months of receipt of a quitclaim deed from the Counties of such lands, to convey by quitclaim deed to the Counties all rights of the United States in specified lands of the Mt. Sopris Tree Nursery (MSTN) (tract A).

Directs the Secretary, in such conveyance, to reserve: (1) all rights of the United States in specified lands of the MSTN (tracts B and C); (2) specified water rights; and (3) any easements, existing utility lines, or other existing access in or across tract A currently serving buildings or facilities on tract B.

Expresses the intent of the Congress that the lands and water rights conveyed to the Counties by the Secretary be retained and used by the Counties solely for public recreation and recreational facilities, open space, fairgrounds, and such other public purposes as the Counties determine appropriate.

Requires: (1) the Secretary, in the deed of conveyance to the Counties, to provide that all rights in lands and water rights conveyed shall revert back to the United States in the event that such lands or water rights are sold or otherwise conveyed by the Counties or are used other than for public purposes; and (2) that the exchange and transfer of properties pursuant to this Act be consummated without additional appraisals of the lands involved or cash equalization payments.

Authorizes the Secretary to dispose of any or all of tracts B or C for fair market value under existing authorities, subject to specified limitations.

Provides that: (1) the National Forest inholdings acquired by the Secretary pursuant to this Act shall become a part of the White River, Gunnison, and Arapaho National Forests, or a part of an appropriate existing wilderness area; and (2) the Quiet Title Act shall be the sole legal remedy of any party claiming any rights in any National Forest inholdings conveyed by the Counties to the United States pursuant to this Act.

Requires upon conveyance of the National Forest inholdings to the United States, that the Secretary publish a list of such acquired properties in a newspaper of general circulation in the Counties, together with a statement that any party claiming any rights in such inholdings must bring a civil action against the United States pursuant to the Quiet Title Act within six years of the date of publication of such listing.

Sets forth additional provisions with respect to: (1) the vesting of title in the United States; (2) reimbursement of U.S. costs by the losing party in an action to quiet title; and (3) the obligation of the Counties to pay the United States 50 percent of costs in excess of $240,000 of defending any legal action against the United States with respect to title to the inholdings that is not reimbursed by a losing claimant.

Requires the Counties to reimburse the United States for National Forest inholdings that the United States acquired under this Act but lost in a final title determination adverse to the United States in an amount equal to the fair market value of the lands that are the subject of such adverse determination. Provides that: (1) specified sums received by the United States from the Counties shall be considered money received and deposited pursuant to the Sisk Act; and (2) the Counties may make reimbursement in land if such land is mutually acceptable to the Secretary and the Counties.

Allocates the existing water rights in the MSTN, including water well and irrigation ditch rights adjudicated under Colorado law, as follows: (1) the United States shall retain all water rights associated with the five existing wells on the properties; (2) the United States shall make available to the Counties, without charge, water from the five wells to serve reasonable culinary, sanitary, and domestic uses of the existing buildings conveyed to the Counties, unless the Secretary determines that all water from the five wells is necessary to meet U.S. water needs; and (3) all federally owned irrigation rights shall be conveyed jointly to the Counties as undivided tenants in common, subject to specified requirements.

Authorizes the Secretary and the Counties to modify the water rights allocation, or enter into cooperative agreements to use, share, or otherwise administer such rights and associated facilities as they determine appropriate, if they determine that such modification would better serve the public interest.

Requires: (1) the Counties to bear proportionate costs of maintaining the wells and distribution systems as a condition to the water being provided at no cost from the existing wells; and (2) transfers of lands authorized and directed by this Act to be completed within one year.

Authorizes the parties to agree to boundary modifications between tracts A and B if such modifications are determined to better serve mutual objectives than the precise boundaries as set forth in the maps referenced in this Act, subject to specified limitations.

Makes the transfer of tract A to the Counties subject to the existing highway easement to the State of Colorado and to any other rights.

Transfers the White River National Forest Headquarters and administrative offices in Glenwood Springs, Colorado, from the jurisdiction of the U.S. General Services Administration to that of the Secretary.

Reserves a certain portion of Federal lands known as the Mt. Sopris Tree Nursery, Colorado, to the Secretary of Agriculture as part of the White River National Forest.

Directs the Secretary to convey jointly the balance of such property to Pitkin and Eagle Counties, Colorado, with certain interests retained by the United States. States that it is the intent of the Congress that such lands be retained and used by the Counties for certain public purposes.

Directs Pitkin and Eagle Counties, Colorado, in consideration of such transfer, to convey by quitclaim deed to the Secretary certain lands owned within and adjacent to the boundaries of the White River National Forest, Colorado. Makes such lands a part of the White River, Gunnison, and Arapaho National Forests, and specified wilderness areas, as appropriate.