Page:United States Statutes at Large Volume 100 Part 4.djvu/868

 100 STAT. 3341-263

PUBLIC LAW 99-591—OCT. 30, 1986

the laws and regulations applicable to such monument, and subject to the provisions of this section. (b)(l) With respect to the lands, including submerged lands, and interests in lands acquired pursuant to section (a), the Secretary is authorized— (A) to convey, notwithstanding the provisions of section 5 of Public Law 90-400 (82 Stat. 356) and subject to the provisions of subsection (2), a leasehold interest in not to exceed one and a half acres to the State of South Carolina or the city of Charleston or either of them for development by either of them or their agents or lessees of a marine museum and associated adminis- trative facilities; (B) to grant covenants or easements for ingress and egress to the State of South Carolina, the city of Charleston, and to other parties as the Secretary may deem necessary to facilitate public use; and (C) to enter into cooperative agreements with the State of South Carolina, the city of Charleston, and other parties as the Secretary may deem necessary, pursuant to which construction, maintenance, and use of buildings, utilities, parking facilities, J and other improvements may be shared among the parties to the agreement. (2) Any conveyance made pursuant to subsection O^XIXA) and any renewal thereof may be for a period of up to 50 years, and may include the option to purchase the property in fee by the lessee within the first 10 years, upon payment by the lessee of the cost of the property to the United States plus interest based on the average yield of United States Treasury notes with maturities of one year. The Secretary may convey title to the property in fee in the event such option to purchase is exercised, subject to the condition that the property is used for a public marine museum and associated administrative facilities. Notwithstanding any other provision of law, any leasehold interest conveyed pursuant to subsection O^XIXA) shall be conveyed without monetary consideration. The proceeds from any conveyance of property in fee pursuant to subsection (b)(l)(A) shall be deposited in the Land and Water Conservation Fund in the Treasury of the United States. (c) Section 117 of Public Law 96-199 (94 Stat. 71) is hereby repealed. (d)(1) Notwithstanding any other provision of law, sums heretofore appropriated but not, on the date of enactment of this joint resolution, obligated for construction of a tourboat facility at the Broad Street site, and for the acquisition and construction of the Fleet landing site for Fort Sumter National Monument, which was authorized by section 117 of Public Law 96-199 (94 Stat. 71) are hereby made available for obligation for the acquisition of the lands including submerged lands, and interests in lands identified in section (a) and for construction of necessary facilities thereon, and to the extent that sums heretofore appropriated for land acquisition of the Fleet landing site are not sufficient to cover the cost of acquisition of the properties identified in section (a), sums heretofore appropriated for construction of facilities at the Broad Street site and the Fleet landing site may be obligated for the purposes of acquisition as authorized in section (a). (2) In addition to the sums made available under subsection (d)(D, there is authorized to be appropriated such sums as may be necessary to carry out the purposes of this section.

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