Volume 73
Public Law 86–186
To provide for the disposition of the Philadelphia Army Base, Philadelphia, Pennsylvania.
Approved August 25, 1959
Statutory text
AN ACT
To provide for the disposition of the Philadelphia Army Base, Philadelphia, Pennsylvania.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
That the Secretary of the Army is authorized to convey, on or before June 30, 1960, by quitclaim deed to the city of Philadelphia the real property under his jurisdiction located at the Philadelphia Army Base, Philadelphia, Pennsylvania, consisting of approximately fifty-three and seventy-five one-hundredths acres together with all appurtenances pertaining thereto and all improvements located thereon.
Sec. 2.
The conveyance herein authorized shall be made at the fair market value of the property as determined by the Secretary of the Army, and shall be made upon such terms and conditions and shall include such reservations as the Secretary of the Army shall determine to be in the public interest.
Sec. 3.
Within at least thirty days prior to execution of the quitclaim deed, the Secretary of the Army shall report to the Committees on Armed Services of the Senate and of the House of Representatives his determination of the fair market value of the property authorized to be conveyed by section 1.
Approved August 25, 1959.