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Code · STATUTE-COMPILATIONS · Thomas R. Carper Water Resources Development Act of 2024 · Sec. 2311

Sec. 2311. CONVEYANCE OF FEDERAL COURTHOUSE TO THE CITY OF HUNTSVILLE, ALABAMA

262 words·~1 min read·/statute-compilations/comps-18105/sec-2311

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## SEC. 2311 CONVEYANCE OF FEDERAL COURTHOUSE TO THE CITY OF HUNTSVILLE, ALABAMA ###
(a)In General Not later than 60 days after the date of enactment of this Act, the Administrator of General Services shall offer to convey to the City of Huntsville, Alabama, all right, title, and interest of the United States in and to the property described in subsection (b). ###
(b)Property Description The property referred to in subsection
(a)is the parcel of land and building located at 101 E. Holmes Avenue, Huntsville, Alabama, which is known as the “Huntsville Courthouse and Post Office”. ###
(c)Consideration In exchange for the conveyance of the Huntsville Courthouse and Post Office to the City of Huntsville, Alabama under this title, the Administrator of General Services shall require the City of Huntsville, Alabama, to pay to the Administrator of General Services, subject to subsection (d), consideration in an amount equal to the fair market value of the Huntsville Courthouse and Post Office, as determined based on an appraisal that is acceptable to the Administrator of General Services. ###
(d)Credits In lieu of all or a portion of the amount of consideration for the Huntsville Courthouse and Post Office, the Administrator of General Services shall accept as consideration for the conveyance of such Huntsville Courthouse and Post Office any credits related to the appraised value of the 4.76-acre parcel of land located at 660 Gallatin Street, Huntsville, Alabama. ###
(e)Costs As a condition of the conveyance under this section, the City shall pay all costs associated with the conveyance.
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