§ 79e. — Exchange of property; cash equalization payments; commercial operations, minimum economic dislocation and disruption.
[Laws in effect as of January 24, 2002]
[Document not affected by Public Laws enacted between
January 24, 2002 and December 19, 2002]
[CITE: 16USC79e]
TITLE 16--CONSERVATION
CHAPTER 1--NATIONAL PARKS, MILITARY PARKS, MONUMENTS, AND SEASHORES
SUBCHAPTER VII--REDWOOD NATIONAL PARK
Sec. 79e. Exchange of property; cash equalization payments;
commercial operations, minimum economic dislocation and
disruption
In exercising his authority to acquire property by exchange, the
Secretary may accept title to any non-Federal property within the
boundaries of the park, and outside of such boundaries within the limits
prescribed in this subchapter. Notwithstanding any other provision of
law, the Secretary may acquire such property from the grantor by
exchange for any federally owned property under the jurisdiction of the
Bureau of Land Management in California, except property needed for
public use and management, which he classifies as suitable for exchange
or other disposal, or any federally owned property he may designate
within the Northern Redwood Purchase Unit in Del Norte County,
California, except that section known and designated as the Yurok
Experimental Forest, consisting of approximately nine hundred and
thirty-five acres. Such federally owned property shall also be available
for use by the Secretary in lieu of, or together with, cash in payment
of just compensation for any real property taken pursuant to section
79c(b) of this title. The values of the properties so exchanged either
shall be approximately equal or, if they are not approximately equal,
the value shall be equalized by the payment of cash to the grantor or to
the Secretary as the circumstances require. Through the exercise of his
exchange authority, the Secretary shall, to the extent possible,
minimize economic dislocation and the disruption of the grantor's
commercial operations.
(Pub. L. 90-545, Sec. 5, Oct. 2, 1968, 82 Stat. 933.)