Volume 64 · 983
Public Law 81–1007
Authorizing the Housing and Home Finance Administrator to release the trustees of Columbia University, in the city of New York, and the Citizens’ Veterans Homes Association of Rockland County, Incorporated, from obligations under their contracts for operation of veterans’ temporary housing project, NY–V–30212.
Approved September 23, 1950
Statutory text
AN ACT
Authorizing the Housing and Home Finance Administrator to release the trustees of Columbia University, in the city of New York, and the Citizens’ Veterans Homes Association of Rockland County, Incorporated, from obligations under their contracts for operation of veterans’ temporary housing project, NY–V–30212.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That, notwithstanding the provisions of any other law, the Housing and Home Finance Administrator is authorized and directed—
upon the request of the trustees of Columbia University, in the city of New York, to release said trustees from any and all covenants and obligations under contract numbered HA (V–30212) mph 20, dated August 1, 1946, entered into between said trustees and the Federal Public Housing Authority, and all amendments thereto; and
upon the request of the Citizens’ Veterans Homes association of Rockland County, Incorporated, a nonprofit corporation, to release said corporation from any and all covenants and obligations under contract numbered HA (VN–30293) mph 1, dated March 14, 1947, entered into between said corporation and the Federal Public Housing Authority, and all amendments thereto; both of which contracts are in connection with the operation of veterans’ temporary housing project numbered NY–V–30212, known as Shanks Village and located in Rockland County, New York: Provided, That the said trustees or the said corporation, as the case may be,
Release of U. S. from liability.
release the United States from any and all liability under their respective contracts and return to the United States title to any buildings, equipment, or other property which may have passed to the said trustees or the said corporation under their contracts: And provided further, That payments, if any, to which the United States may be entitled on the oasis of periodic settlements under the contracts, shall continue to accrue to the end of the month in which the release by the Administrator is made and settlement therefor shall be made by the said trustees or the said corporation, as the case may be, within sixty days after such release.
Approved September 23, 1950.