58 STAT.] 78TH CONG., 2D SESS.-CH. 146 -MAR . 29,1944 Each cooperative agreement shall be placed on record in the county or counties in which the lands of the cooperating private landowner covered thereby are located, and the costs incident to such recordation may be paid out of any funds available for the protection or manage- ment of federally owned or administered forest land within the unit. When thus recorded, the agreement shall be binding upon the heirs, successors, and assigns of the owner of such land, and upon purchasers of timber or other forest products from such land, throughout the life of such cooperative agreement. SEC. 3 . The Secretary of Agriculture and the Secretary of the Inte- rior are further severally authorized, whenever in their respective judgments the maintenance of a stable community or communities is primarily dependent upon the sale of timber or other forest products from federally owned or administered forest land and such mainte- nance cannot effectively be secured by following the usual procedure in selling such timber or other forest products, to establish by formal dec- laration for the purpose of maintaining the stability of such community or communities a sustained-yield unit consisting of forest land under the jurisdiction of the Secretary establishing such unit, to determine and define the boundaries of the community or communities for whose benefit such unit is created, and to sell, subject to such conditions and requirements as the Secretary believes necessary, federally owned or administered timber and other forest products from such unit without competitive bidding at prices not less than their appraised values, to responsible purchasers within such community or communities. SEC. 4 . Each of the said Secretaries is further authorized in his discretion to enter into cooperative agreements with the other Secre- tary, or with any Federal agency having jurisdiction over federally owned or administered forest land, or with any State or local agency having jurisdiction over publicly owned or administered forest land, providing for the inclusion of such land in any coordinated plan of management otherwise authorized by the provisions of this Act when by such a cooperative agreement he may be aided in accomplishing the purposes of this Act; but no federally or publicly owned or admin- istered forest land not under the jurisdiction of the Secretary estab- lishing the sustained-yield unit concerned shall be included in any such plan except in pursuance of a cooperative agreement made under this section. SEC. 5 . Before any sustained-yield unit authorized by section 1 or section 3 of this Act shall be established, and before any cooperative agreement authorized by section 2 or section 4 of this Act shall be entered into, advance notice thereof shall be given by registered mail to each landowner whose land is proposed to be included and by publication in one or more newspapers of general circulation in the vicinity of the place where the timber is located, and the costs incident to such publication may be paid out of any funds available for the protection or management of the federally owned or administered forest land involved. This notice shall state: (1) the location of the proposed unit; (2) the name of each proposed cooperator; (3) the duration of the proposed cooperative agreement or agreements; (4) the location and estimated quantity of timber on the land of each proposed cooperator and on the Federal land involved; (5) the expected rate of cutting of such timber; and (6) the time and place of a public hearing to beheld not less than thirty days after the first publication of said notice for the presentation of the advantages and disadvantages of the proposed action to the community or communities affected. Before any sale agreement made without competition and involving more than $500 in stumpage value of federally owned or administered timber shall be entered into under this Act, advance notice thereof 133 Recordation of agreement. Establishment of units for maintenance of community stai]- ity. Coordinated plan of management. Inclusion of certain lands. Advance notice. Publi hearing. Noncompetitive se lsrDrtiat 0
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