16 U.S.C. § 460f — Notice and method of sale; price; conveyance

submitted 70 years ago by ch. 987 to r/title-16-CONSERVATION · 309 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Secretary of the Army must publicly announce and notify cottage-site lessees before selling reservoir land for cottage development, stating its appraised value. Sales can happen by auction, sealed bid, or negotiation, at no less than fair market value. The Secretary conveys the land by quitclaim deed, with the land reverting to the U.S. if it's used for anything other than cottage purposes.

(a) Public notice. The Secretary of the Army must publicly announce that cottage-site land is for sale, following rules the Secretary writes, including publishing notice near the land. Lessees who already rent a cottage site must get written notice within 90 days after those rules are published, stating the land's appraised fair market value. (b) Method of sale. The Secretary can sell the land any way that serves the public interest — public auction, sealed bids, or negotiating with lessees and others after competitive bidding. (c) Price. The price can't be less than the land's appraised fair market value, as the Secretary determines it. (d) Conveyance. The Secretary can transfer the land by quitclaim deed. The deed must say the land can only be used for cottage sites — if it's used for anything else, the land and any buildings on it revert to the United States. The Secretary can add other conditions needed to manage the reservoir or protect lessees and site owners.

the actual law source: uscode.house.gov ↗public domain

(a) 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.

(b) 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.

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.

(d) 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.

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

history & why it existsrecord from the source credit

1956Enacted · Act of Aug. 6, 1956, ch. 987 · 70 Stat. 1065

A history note hasn’t been published yet. The record shows enactment by ch. 987 on 1956-08-06.

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