102 STAT. 2124
PUBLIC LAW 100-456—SEPT. 29, 1988
property described in subsection (a) to credit the accounts from which funds were expended by the Secretary for reasonable and necessary expenses, other than for environmental restoration, incurred in connection with the sale or lease. The Secretary may also use the proceeds of such sale or lease directly for the purpose of environmental restoration at the plant. The remaining proceeds of the sale or lease shall be credited to the general fund of the Treasury. (d) ADDITIONAL TERMS.—The Secretary may require such additional terms and conditions in connection with any sale or lease entered into under this section as the Secretary considers appropriate to protect the interests of the United States. SEC. 2829. LAND CONVEYANCE, FORT JACKSON, SOUTH CAROLINA
(a) AUTHORITY TO SELL.—Subject to subsections (b) through (e), the Secretary of the Army may sell and convey all right, title, and interest of the United States in and to a parcel of land, consisting of a total of approximately 32 acres, that comprises a portion of Fort Jackson, South Carolina, and is excess to the needs of the Army. (b) COMPETITIVE BID REQUIREMENT; MINIMUM SALE PRICE.—(1) The
Secretary shall use competitive procedures for the sale of land referred to in subsection (a). (2) In no event may any of the land referred to in subsection (a) be sold for less than the fair market value of the land, as determined by the Secretary. (c) U S E OF PROCEEDS OF SALE.—(1) The Secretary may use the
proceeds from the sale of the land referred to in subsection (a) for the rehabilitation of military family housing at Fort Jackson, South Carolina. (2) Any proceeds of the sale not used for such purpose shall be covered into the Treasury as miscellaneous receipts. (d) LEGAL DESCRIPTION OF LANDS.—The exact acreage and legal description of the property to be conveyed under subsection (a) shall be determined by a survey that is satisfactory to the Secretary. (e)
ADDITIONAL TERMS AND CONDITIONS.—The Secretary
may
require such additional terms and conditions in connection with any transaction authorized by this section as the Secretary considers appropriate to protect the interests of the United States. Approved September 29, 1988.
LEGISLATIVE HISTORY—H.R. 4481: HOUSE REPORTS: No. 101-735, Pt. 1 (Coram, on Armed Services); Ft. 2 (Comm. on Government Operations); Pt. 3 (Comm. on Merchant Marine and Fisheries); and Pt. 4 (Comm. on Rules), and No. 100-989 (Comm. of Conference). CONGRESSIONAL RECORD, Vol. 134 (1988): July 7, 12, considered and passed House. Sept. 15, considered and passed Senate, amended. Sept. 28, House and Senate agreed to conference report.
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