Sec. 2842. Release of conditions and reversionary interest, Camp Joseph T. Robinson, Arkansas
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/bill/116/hr/2500/rh/section-2842·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
With respect to a parcel of real property at Camp Joseph T. Robinson, Arkansas, consisting of approximately 141.52 acres and conveyed by the United States to the State of Arkansas pursuant to the Act entitled An Act authorizing the transfer of part of Camp Joseph T. Robinson to the State of Arkansas , approved June 30, 1950 (64 Stat. 311, chapter 429), the Secretary of the Army may release, without consideration, the terms and conditions imposed by the United States and the reversionary interest retained by the United States under section 2 of such Act and the right to reenter and use the property retained by the United States under section 3 of such Act.
As a condition of the release of terms and conditions and retained interests under subsection
(a)and subject to subsection (c), the State of Arkansas shall agree to convey, without consideration, the parcel of real property described in subsection
(a)to the Arkansas Department of Veterans Affairs for the purpose of expanding the Arkansas State Veterans Cemetery in North Little Rock, Arkansas. The conveyance required by subsection
(b)of the real property described in subsection
(a)shall include a reversionary interest to protect the interests of the United States. Under the terms of such reversionary interest, if the Secretary of the Army determines at any time that the real property conveyed pursuant to subsection
(b)is not being used in accordance with the purpose of the conveyance specified in such subsection, all right, title, and interest in and to the real property, including any improvements thereto, shall, at the option of the Secretary, revert to and become the property of the United States, and the United States shall have the right of immediate entry onto the real property. A determination by the Secretary under this subsection shall be made on the record after an opportunity for a hearing. The Secretary of the Army may execute and file in the appropriate office a deed of release, amended deed, or other appropriate instrument reflecting the release of terms and conditions and retained interests under subsection (a). The exact acreage and legal description of the property described in this section shall be determined by a survey satisfactory to the Secretary of the Army. The Secretary of the Army may require the State of Arkansas to cover costs to be incurred by the Secretary, or to reimburse the Secretary for costs incurred by the Secretary, to carry out the release of terms and conditions and retained interests under subsection (a), including survey costs, costs related to environmental documentation, and other administrative costs related to the release. If amounts paid to the Secretary in advance exceed the costs actually incurred by the Secretary to carry out the release, the Secretary shall refund the excess amount to the State. Amounts received under subsection
(a)as reimbursement for costs incurred by the Secretary to carry out the release of terms and conditions and retained interests under subsection
(a)shall be credited to the fund or account that was used to cover the costs incurred by the Secretary in carrying out the release. Amounts so credited shall be merged with amounts in such fund or account and shall be available for the same purposes, and subject to the same conditions and limitations, as amounts in such fund or account. The Secretary of the Army may require such additional terms and conditions in connection with the release of terms and conditions and retained interests under subsection
(a)as the Secretary considers appropriate to protect the interests of the United States.
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Sec. 2842
Release of conditions and reversionary interest, Camp Joseph T. Robinson, Arkansas
Stat.64 Stat. 311
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