
From the U.S. Code Online via GPO Access
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[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 40USC345b]

 
             TITLE 40--PUBLIC BUILDINGS, PROPERTY, AND WORKS
 
CHAPTER 6--ACQUISITION OF SITES FOR AND CONSTRUCTION OF PUBLIC BUILDINGS
 
Sec. 345b. Disposition of obsolete buildings and sites; purchase 
        price
        
    In order to suitably dispose of certain Federal buildings and the 
sites thereof under the control of the Administrator of General 
Services, which have been supplanted by new structures, and for which 
the Administrator of General Services has determined there is no further 
Federal need, he is authorized, in his discretion, if he deems it to be 
in the best interests of the Government, to sell such buildings and 
sites or parts of sites to States, counties, municipalities, or other 
duly constituted political subdivisions of States for public use upon 
such terms, pursuant to such rules and regulations promulgated by him, 
as he deems proper, and to convey the same by the usual quitclaim deed, 
and he may enter into long-term contracts for the payment of the 
purchase price in such installments as he deems fair and reasonable and 
may furthermore waive any requirements for interest charges on deferred 
payment: Provided, That the total purchase price shall in no case be 
less than 50 per centum of the appraised value of the land, the 
appraisal to be made by the Administrator of General Services: Provided 
further, That the proceeds of the sales shall be deposited in the 
Treasury as miscellaneous receipts.

(Aug. 26, 1935, ch. 684, Sec. 1, 49 Stat. 800; 1939 Reorg. Plan No. I, 
Secs. 301, 303, eff. July 1, 1939, 4 F.R. 2729, 53 Stat. 1426, 1427; 
June 30, 1949, ch. 288, title I, Sec. 103(a), 63 Stat. 380; Pub. L. 86-
608, July 7, 1960, 74 Stat. 363.)


                               Amendments

    1960--Pub. L. 86-608 struck out provisions which empowered 
Administrator, in event portions of any Federal building sites under his 
control are desired by municipalities by reason of any duly authorized, 
comprehensive street-widening program, to deed to such municipalities, 
without cost, such areas needed for street uses as may be dedicated 
without jeopardy to Federal interest. See section 345c of this title.

                          Transfer of Functions

    Functions of Federal Works Agency and of all agencies thereof, 
together with functions of Federal Works Administrator transferred to 
Administrator of General Services by section 103(a) of act June 30, 
1949, which is classified to section 753(a) of this title. Federal Works 
Agency and office of Federal Works Administrator abolished by section 
103(b) of act June 30, 1949.
    By Reorg. Plan No. I of 1939, Public Buildings Branch of Procurement 
Division of Treasury Department transferred to Public Buildings 
Administration, Federal Works Agency, and functions of Secretary of the 
Treasury relating to Public Buildings Branch of Procurement Division and 
to selection of location and sites for public buildings transferred to 
Federal Works Administrator.

                 Effective Date of Transfer of Functions

    Transfer of functions by act June 30, 1949, effective July 1, 1949, 
see section 605 of act June 30, 1949, set out as an Effective Date note 
under section 471 of this title.
