§ 450bb-4. — Acceptance and purchase of lands and improvements; payment; exchange of lands.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 16USC450bb-4]
TITLE 16--CONSERVATION
CHAPTER 1--NATIONAL PARKS, MILITARY PARKS, MONUMENTS, AND SEASHORES
SUBCHAPTER LXI--NATIONAL AND INTERNATIONAL MONUMENTS AND MEMORIALS
Sec. 450bb-4. Acceptance and purchase of lands and improvements;
payment; exchange of lands
(a) The Secretary of the Interior may accept the conveyance of all
right, title, and interest of the trustees of Storer College in and to
the lands and improvements in Harpers Ferry, West Virginia, granted to
their predecessors for educational purposes pursuant to section 2 of the
Act of December 15, 1868 (15 Stat. 266), upon payment to said trustees
of not more than the current fair market value of the improvements
located upon such lands. The Secretary may also purchase lands,
interests therein, and improvements thereon, which lands were granted to
the trustees of Storer College pursuant to such Act of 1868 and
subsequently were alienated by the trustees: Provided, That he may pay
not in excess of the amount paid therefor by the then owners plus the
cost of existing improvements placed thereon by them, and, in no event
may he pay more than the current fair market value. The Secretary may
also purchase from the trustees of Storer College, at not more than
their fair market value, other lands and interests in lands acquired by
them or their predecessors as a part of the college site, together with
any improvements thereon. In addition, up to seven acres of privately
owned lands, interests therein, and improvements thereon, which are
interspersed with the aforesaid college lands may be purchased by the
Secretary. Lands and interests purchased under this subsection may be
exchanged for other lands, and interests therein, of approximately equal
value, which comprise the college and interspersed lands otherwise
authorized herein for purchase.
(b) To facilitate the acquisition of the original site of the engine
house known as John Brown's ``Fort'' and the old Federal arsenal, the
Secretary of the Interior is authorized to exchange therefor federally
owned park lands or interests in lands of approximately equal value in
the vicinity of Cumberland, Maryland, which he finds are no longer
required for park purposes.
(Pub. L. 86-655, Sec. 2, July 14, 1960, 74 Stat. 520.)
References in Text
Section 2 of the Act of December 15, 1868, referred to in subsec.
(a), means act Dec. 15, 1868, ch. 2, Sec. 2, 15 Stat. 266, which was not
classified to the Code.
Section Referred to in Other Sections
This section is referred to in section 450bb-5 of this title.
