§ 160e. — Payment of value differential by Secretary to owner of commercial timberlands exchanging lands for State lands outside of park; determination of value; prerequisites.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 16USC160e]
TITLE 16--CONSERVATION
CHAPTER 1--NATIONAL PARKS, MILITARY PARKS, MONUMENTS, AND SEASHORES
SUBCHAPTER XIX--VOYAGEURS NATIONAL PARK
Sec. 160e. Payment of value differential by Secretary to owner
of commercial timberlands exchanging lands for State lands
outside of park; determination of value; prerequisites
The Secretary is authorized to pay a differential in value, as
hereinafter set forth, to any owner of commercial timberlands within the
park with whom the State of Minnesota has negotiated, for the purpose of
conveyance to the United States, an exchange of lands for State lands
outside the park. Payment hereunder may be made when an exchange is
based upon valuations for timber purposes only, and shall be the
difference between the value of such lands for timber purposes, as
agreeable to the State, the Secretary, and any owner, and the higher
value, if any, of such lands for recreational purposes not attributable
to establishment or authorization of the park: Provided, That any
payment shall be made only at such time as fee title of lands so
acquired within the boundaries is conveyed to the United States.
(Pub. L. 91-661, Sec. 204, Jan. 8, 1971, 84 Stat. 1972.)
