§ 460f. Notice and method of sale; price; conveyance

Statutory text

Public notice

Public notice of the availability of the lands for sale for cottage site development and use shall be given in such manner as the Secretary of the Army may by regulation prescribe, including publication within the vicinity of the lands available for sale: Provided, however, That notice to lessees of cottage sites shall be given in writing within 90 days after publication of such regulations in the Federal Register and the notice shall state the appraised fair market value of the land available for sale to such lessee.

Method of sale

The sale of lands for cottage site development and use shall be accomplished by any method which the Secretary of the Army determines to be in the public interest, including public auction, seal bids, and by negotiation with lessees and with others after competitive bidding.

Price

The price to be paid for any lands sold for cottage site development and use pursuant to the provisions of this subchapter shall be not less than the appraised fair market value thereof as determined by the Secretary of the Army.

Conveyance

The Secretary of the Army is authorized to convey by quitclaim deed all the right, title, and interest of the United States in and to the lands sold for cottage site development and use pursuant to the provisions of this subchapter, the conveyance to be on condition that the property conveyed shall be used for cottage site purposes only, and in the event of use for any other purposes, title to the land and improvements shall revert to and vest in the United States; and subject to such other conditions, reservations, and restrictions as the Secretary may determine to be necessary for the management and operation of the reservoir, or for the protection of lessees or owners of cottage sites within the area.

Legislative history

Reconstructed from this section’s Code source credit and amendment notes, resolved against the local Statutes at Large. Editorial notes are evidence, not the law that made the change.

1956
Pub. L. 84–987 § 2 · 70 Stat. 1051
Enacted · 16 U.S.C. § 460f
(Aug. 6, 1956, ch. 987, § 2, 70 Stat. 1065.)
Source evidence
Code source credit
(Aug. 6, 1956, ch. 987, § 2, 70 Stat. 1065.)
Enacted provision · exact public law section
Sec. 2. The Secretary of the Army is authorized and directed to pay Pollock, S. Dak. Payment for school facilities. to the Pollock Independent School District Numbered 3, Pollock South Dakota, an amount equal to the difference between the sum paid for the taking of school facilities of said school district in the condemnation proceeding entitled “United States of America, plaintiff, against 10.00 Acres of Land, and so forth, defendants”, civil numbered 682ND, filed in the United States District Court for the District of South Dakota, Northern Division, on May 7, 1956, and the actual cost of replacing the school facilities so acquired as the Secretary shall find to be reasonable: Provided, however, That in no event shall the additional amount paid pursuant to this authorization exceed $200,000.

1 of 1 references resolved to an enrolled provision

Credits

(Aug. 6, 1956, ch. 987, § 2, 70 Stat. 1065.)