Sec. 2852. LAND CONVEYANCE, JOINT BASE CAPE COD, BOURNE, MASSACHUSETTS
504 words·~2 min read·
/statute-compilations/comps-16861/sec-2852A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
## SEC. 2852 LAND CONVEYANCE, JOINT BASE CAPE COD, BOURNE, MASSACHUSETTS ###
(a)Conveyance Authorized The Secretary of the Air Force may convey to the Commonwealth of Massachusetts (in this section referred to as the “Commonwealth”) all right, title, and interest of the United States in and to a parcel of real property, including improvements thereon and related easements, consisting of approximately 10 acres located on Joint Base Cape Cod, Bourne, Massachusetts. ###
(b)Conditions of Conveyance The conveyance under subsection
(a)shall be subject to valid existing rights and the Commonwealth shall accept the real property, and any improvements thereon, in its condition at the time of the conveyance (commonly known as a conveyance “as is”). ###
(c)Consideration ####
(1)Consideration required As consideration for the conveyance under subsection (a), the Commonwealth shall pay to the United States an amount equal to the fair market value of the right, title, and interest conveyed under subsection
(a)based on an appraisal approved by the Secretary. ####
(2)Treatment of consideration received Consideration received under paragraph
(1)shall be deposited in the special account in the Treasury established under subsection
(b)of section 572 of title 40, United States Code, and shall be available in accordance with paragraph (5)(B) of such subsection. ###
(d)Payment of Costs of Conveyance ####
(1)Payment required The Secretary of the Air Force shall require the Commonwealth to cover all costs (except costs for environmental remediation of the property) to be incurred by the Secretary, or to reimburse the Secretary for costs incurred by the Secretary, to carry out the conveyance under subsection (a), including survey costs, costs for environmental documentation, and any other administrative costs related to the conveyance. If amounts are collected from the Commonwealth in advance of the Secretary incurring the actual costs, and the amount collected exceeds the costs actually incurred by the Secretary to carry out the conveyance, the Secretary shall refund the excess amount to the Commonwealth. ####
(2)Treatment of amounts received Amounts received as reimbursement under paragraph
(1)shall be credited to the fund or account that was used to cover the costs incurred by the Secretary in carrying out the conveyance or, if the period of availability for obligations for that appropriation has expired, to an appropriate fund or account currently available to the Secretary for the same purpose. 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. ###
(e)Description of Property The exact acreage and legal description of the property to be conveyed under subsection
(a)shall be determined by a survey satisfactory to the Secretary of the Air Force. ###
(f)Additional Terms and Conditions The Secretary of the Air Force may require such additional terms and conditions in connection with the conveyance under subsection
(a)as the Secretary considers appropriate to protect the interests of the United States.