§ 460f. — Notice and method of sale; price; conveyance.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 16USC460f]
TITLE 16--CONSERVATION
CHAPTER 1--NATIONAL PARKS, MILITARY PARKS, MONUMENTS, AND SEASHORES
SUBCHAPTER LXVII--COTTAGE SITE DEVELOPMENTS AND USES IN RESERVOIR AREAS
Sec. 460f. Notice and method of sale; price; conveyance
(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.
(Aug. 6, 1956, ch. 987, Sec. 2, 70 Stat. 1065.)
Section Referred to in Other Sections
This section is referred to in section 460e of this title.
