Sec. 1053. DISPOSAL OF TRACT OF REAL PROPERTY IN THE DISTRICT OF COLUMBIA

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## SEC. 1053 DISPOSAL OF TRACT OF REAL PROPERTY IN THE DISTRICT OF COLUMBIA **[**110 Stat. 2650**]** ###

(a)Disposal Authorized ####

(1)Notwithstanding title II the Federal Property and Administrative Services Act of 1949 (40 U.S.C. 481 et seq.), title VIII of such Act (40 U.S.C. 531 et seq.), section 501 of the McKinney-Vento Homeless Assistance Act (42 U.S.C. 11411), or any other provision of law relating to the management and disposal of real property by the United States, the Armed Forces Retirement Home Board shall convey, by sale or lease, all right, title, and interest of the United States in a parcel of real property, including improvements thereon, consisting of approximately 49 acres located in Washington, District of Columbia, east of North Capitol Street, and recorded as District Parcel 121/19.1 1The Federal Property and Administrative Services Act of 1949 was repealed as part of the codification of title 40, United States Code, by Public Law 107–217. Former title II of that Act is now chapter 5 of title 40. ####

(2)The Armed Forces Retirement Home Board shall sell or lease the property described in subsection

(a)within 12 months after the date of the enactment of the National Defense Authorization Act for Fiscal Year 2000. ###

(b)Manner, Terms and Conditions of Disposal ####

(1)The Armed Forces Retirement Home Board shall determine the manner, terms, and conditions for the sale or lease of the real property under subsection (a), except as follows: #####

(A)Any lease of the real property under subsection

(a)shall include an option to purchase. #####

(B)The conveyance may not involve any form of public/private partnership, but shall be limited to fee-simple sale or long-term lease. #####

(C)Before conveying the property by sale or lease to any other person or entity, the Board shall provide the Catholic University of America with the opportunity to match or exceed the highest bona fide offer otherwise received for the purchase or lease of the property, as the case may be, and to acquire the property. ####

(2)As consideration for the real property conveyance under subsection (a), the purchaser selected under paragraph

(1)shall pay to the United States an amount equal to the fair market value of the real property at its highest and best economic use, as determined by the Armed Forces Retirement Home Board, based on an independent appraisal. In no event shall the sale or lease of the property be for less than the appraised value of the property in its existing condition and on the basis of its highest and best use. ####

(3)The payment received under paragraph

(2)shall be deposited in the Armed Forces Retirement Home Trust Fund in accordance with section 1519(a)(2) of the National Defense Authorization Act for Fiscal Year 1991 (104 Stat. 1730; 24 U.S.C. 419(a)(2)). ###

(c)Description of Property The exact acreage and legal description of the real property to be conveyed under subsection

(a)shall be determined by a survey satisfactory to the Armed Forces Retirement Home Board. The cost of the survey shall be borne by the party or parties to which the property is to be conveyed. ###

(d)Congressional Notification ####

(1)Before disposing of real property under subsection (a), the Armed Forces Retirement Home Board shall notify the Committee on Armed Services of the Senate and the Committee on Armed Services of the House of Representatives of the proposed disposal. The Board may not dispose of the real property until the later of— #####

(A)the date that is 60 days after the date on which the notification is received by the committees; or #####

(B)the date of the next day following the expiration of the first period of 30 days of continuous session of Congress that follows the date on which the notification is received by the committees. ####

(2)For the purposes of paragraph (1)— #####

(A)continuity of session is broken only by an adjournment of Congress sine die; and #####

(B)the days on which either House is not in session because of an adjournment of more than three days to a day certain are excluded in the computation of any period of time in which Congress is in continuous session. ## subtitle F Other Matters * * * * * * * **[**Section 1082 was repealed by section 1242(c)(1) of division A of Public Law 114-328.**]** * * * * * * * # TITLE XI NATIONAL IMAGERY AND MAPPING AGENCY

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