
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 23, 2000]
[Document not affected by Public Laws enacted between
  January 23, 2000 and December 4, 2001]
[CITE: 40USC815]

 
             TITLE 40--PUBLIC BUILDINGS, PROPERTY, AND WORKS
 
     CHAPTER 18--NATIONAL VISITOR CENTER FACILITIES; UNION STATION 
                  REDEVELOPMENT; CAPITOL GUIDE SERVICE
 
                       SUBCHAPTER I--UNION STATION
 
                   Part B--Union Station Redevelopment
 
Sec. 815. Development agreements


(a) Agreements with developers

    In order to achieve the goals set out in section 812 of this title, 
the Secretary of Transportation is authorized to select and subsequently 
enter into one or more agreements (hereafter in this chapter referred to 
as ``development agreements'') with one or more responsible individuals, 
corporations, or other private entities with demonstrated experience in 
the financing, undertaking, and managing of commercial real estate 
development (hereafter in this chapter referred to as ``developers'').

(b) Selection of developers

    The Secretary of Transportation shall prescribe the procedures and 
criteria for selection of a developer for the Union Station complex: 
Provided, That no final developer selection shall be made unless and 
until at least two developers meeting minimum criteria prescribed by the 
Secretary of Transportation have submitted to the Secretary of 
Transportation specific design and financing proposals for the 
rehabilitation and redevelopment of the Union Station complex, and 
specific proposals for the acquisition, conveyance, or lease of real 
property. The Secretary of Transportation is directed to initiate 
discussions with potential developers as soon as possible following 
enactment of this section to assure the earliest possible selection of a 
developer or developers.

(c) Modification or waiver of application of regulations

    Development agreements entered into under this section shall be 
considered cooperative agreements for purposes of chapter 63 of title 
31. With respect to such development agreements, the Secretary of 
Transportation is authorized to modify or waive the application of 
regulations otherwise applicable to Federal or Department of 
Transportation financial assistance agreements, to the extent the 
Secretary of Transportation determines in his discretion to be necessary 
to accomplish the purposes of this part at the lowest cost to the 
Federal Government.

(d) Other agreements and contracts; assignment

    The Secretary of Transportation is further authorized to enter into 
such other agreements and contracts, except any agreement or contract to 
sell property rights at the Union Station complex, with such persons, 
corporations, financial institutions, Federal, regional, or local 
agencies, or the Architect of the Capitol as the Secretary of 
Transportation deems necessary or desirable to carry out the purposes of 
this part. Any such agreement may be made assignable to a selected 
developer or developers of the Union Station complex.

(Pub. L. 90-264, title I, Sec. 115, as added Pub. L. 97-125, Sec. 3(3), 
Dec. 29, 1981, 95 Stat. 1670.)

                          Codification

    In subsec. (c), ``chapter 63 of title 31'' substituted for ``the 
Federal Grant and Cooperative Agreement Act of 1977 (41 U.S.C. 501 et 
seq.)'' on authority of Pub. L. 97-258, Sec. 4(b), Sept. 13, 1982, 96 
Stat. 1067, the first section of which enacted Title 31, Money and 
Finance.
