Sec. 611. Conveyance of Coast Guard property in Point Reyes Station, California
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/bill/114/s/1611/is/section-611·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Commandant of the Coast Guard may convey to the County of Marin all right, title, and interest of the United States in and to the covered property— for fair market value, provided for in paragraph (2); subject to the conditions required by this section; and subject to any other term or condition that the Commandant considers appropriate to protect the interests of the United States. The fair market value of the covered property shall be— determined by a real estate appraiser, who has been selected by the County and is licensed to practice in California; and approved by the Commandant, who shall base such approval on considerations of equity and fairness, including the use required under this section of the covered property.
The Commandant shall deposit the proceeds from a conveyance under paragraph
(1)in the Coast Guard Housing Fund established by section 687 of title 14, United States Code. As a condition of any conveyance of covered property under this section, the Commandant shall require that all right, title, and interest in and to the covered property revert to the United States if the covered property or any part thereof ceases to be used for affordable housing, as defined by the County and the Commandant at conveyance, or to provide a public benefit approved by the County. Nothing in this section may be construed to affect or limit the application of or obligation to comply with any environmental law, including section 120(h) of the Comprehensive Environmental Response, Compensation, and liability Act of 1980 ( 42 U.S.C. 9620(h) ). In this section: The term Commandant means the Commandant of the Coast Guard. The term County means the County of Marin, California. The term covered property means the 32 acres of Federal land (including all buildings, structures, utilities, and miscellaneous facilities on the land) that are located in Point Reyes Station in the County of Marin, California, and that are under the administrative control of the Coast Guard and identified by the Coast Guard as CAMSPAC Housing . The authority to convey the covered property under this section shall expire on the date that is four years after the date of the enactment of this Act.
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Sec. 611
Conveyance of Coast Guard property in Point Reyes Station, California
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