
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: 16USC460s-10]

 
                         TITLE 16--CONSERVATION
 
   CHAPTER 1--NATIONAL PARKS, MILITARY PARKS, MONUMENTS, AND SEASHORES
 
          SUBCHAPTER LXXVII--PICTURED ROCKS NATIONAL LAKESHORE
 
Sec. 460s-10. Acquisition of property


(a) Owner's retention of right of use and occupancy for residential 
        purposes for term of years or life; adjustment of compensation; 
        conveyance or lease of right for noncommercial residential 
        purposes

    Any owner or owners of improved property on the date of its 
acquisition by the Secretary may, as a condition to such acquisition, 
retain, for a term of not to exceed twenty-five years, or for a term 
ending at the death of such owner or owners, the right of use and 
occupancy of such property for any residential purpose which is not 
incompatible with the purposes of this subchapter or which does not 
impair the usefulness and attractiveness of the area designated for 
inclusion. The Secretary shall pay to the owner the value of the 
property on the date of such acquisition, less the value on such date of 
the right retained by the owner. Where any such owner retains a right of 
use and occupancy as herein provided, such right during its existence 
may be conveyed or leased for noncommercial residential purposes in 
accordance with the provisions of this section.

(b) Termination of use and occupancy because of noncompliance with 
        statutory uses; adjustment of compensation

    Any deed or other instrument used to transfer title to property, 
with respect to which a right of use and occupancy is retained under 
this section, shall provide that such property shall not be used for any 
purpose which is incompatible with purposes of this subchapter, or which 
impairs the usefulness and attractiveness of the lakeshore and if it 
should be so used, the Secretary shall have authority to terminate such 
right. In the event the Secretary exercises his power of termination 
under this subsection he shall pay to the owner of the right terminated 
an amount equal to the value of that portion of such right which 
remained unexpired on the date of such termination.

(c) Land subject to lease of cottage or hunting lodge; new lease for 
        term of years or life; conditions of lease

    Any land acquired by the Secretary under this subchapter on which 
there is situated a cottage or hunting lodge which, on December 31, 
1964, was under lease to any lessee or lessees shall, if such lease is 
in effect on the date such land is so acquired, be acquired by the 
Secretary subject to such lease and the right of such lessee or lessees 
to continue using the property covered by such lease in accordance with 
the provisions thereof. Upon the expiration of such lease, the Secretary 
shall have the authority to enter into a lease with such lessee or 
lessees authorizing them to continue using such cottage or lodge (as the 
case may be) for a term of not to exceed twenty-five years, or for a 
term ending at the death of such lessee or lessees, subject to such 
conditions as may be prescribed by the Secretary.

(Pub. L. 89-668, Sec. 11, Oct. 15, 1966, 80 Stat. 925.)

                  Section Referred to in Other Sections

    This section is referred to in section 460s-6 of this title.
