
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 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.
