Public Law 80–339

That the Secretary of the Interior is hereby authorized and directed to sell each house, including furniture, fixtures, and appurtenances, acquired from the Defense Homes Corporation and situated on land in Boulder City, Nevada, to the lessee occupant thereof, if such occupant desires to purchase the house and to lease the land upon which it is situated, and is (1) an employee of an agency of the Department of the Interior who occupied a house on July 1, 1947, and occupies one at the time of sale or (2) is a person regularly employed or conducting a business or profession in Boulder City, Nevada, who occupied a Defense Homes Corporation housing unit or house prior to April 1, 1947, and occupies a house at the time of sale. The offer of sale to any such occupant shall be made within one hundred and eighty days after enactment of this Act and the sale shall be completed within a reasonable time after such offer. The sale price shall not exceed the

Sale price.

amount at which the house was carried on the books of the Defense Homes Corporation at the date of transfer to the Secretary. The

Sale contract and documents of title.

sale contract and documents of title shall contain a (1) provision prohibiting resale within three years at a price exceeding the price paid the Secretary and (2) a provision prohibiting resale on any terms during such period unless resale on such terms shall first have been offered to, and refused by, the Secretary. The Secretary is authorized and directed to lease the lot on which each house so sold is situated to the purchaser of such house in accordance with the provisions set out under the heading “Boulder Canyon Project” in the Interior Department Appropriation Act, 1941 (54 Stat 406,

43 U. S. C. § 617u.

Repossession of houses; leases

437).

The Secretary is authorized to repossess the houses now occupied by persons who are ineligible to purchase under the provisions of this Act, and to lease all apartments acquired from Defense Homes Corporation and all houses so acquired and not sold pursuant to this Act, together with the lands upon which situated, upon such terms and conditions as he may see fit in accordance with existing law.

All proceeds from the sale and lease of houses and apartments

Proceeds.

by the Secretary pursuant to this Act shall be deposited in the Treasury and credited to the Colorado River Dam fund established by section 2 of the Boulder Canyon Project Act (45 Stat. 1057).

43 U. S. C. § 617a.