CITE

    16 USC Sec. 460f                                            01/08/2008

EXPCITE

    TITLE 16 - CONSERVATION
    CHAPTER 1 - NATIONAL PARKS, MILITARY PARKS, MONUMENTS, AND SEASHORES
    SUBCHAPTER LXVII - COTTAGE SITE DEVELOPMENTS AND USES IN RESERVOIR
           AREAS

HEAD

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

STATUTE

    (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.
    (c) 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.
    (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

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