Page:United States Statutes at Large Volume 104 Part 3.djvu/438

 104 STAT. 1790 PUBLIC LAW 101-510—NOV. 5, 1990 SEC. 2823. LAND CONVEYANCE, NAVAL WEAPONS STATION, CONCORD, CALIFORNIA (a) IN GENERAL.— Subject to subsections (b) through (e), the Secretary of the Navy may sell and convey to the San Francisco Bay Area Rapid Transit District (hereafter in this section referred to as "BART") all right, title and interest of the United States in and to a parcel of real property, including improvements thereon, consisting of approximately 40 acres comprising a portion of the Naval Weapons Station, Concord, California. (b) CONSIDERATION. —(1) In consideration for the conveyance authorized in subsection (a), BART shall be required to— (A) pay to the United States an amount equal to not less than the fair market value of the property to be conveyed under subsection (a), as determined by the Secretary; (B) pay for the cost of relocating certain railroad tracks located on such property; (C) pay for the cost of relocating the existing security fence to conform with the new boundaries of the Naval Weapons Station after such conveyance; and (D) pay for the costs of appraisals and other costs related to the sale and conveyance of property under this section. (2) Costs incurred by BART in connection with the relocations referred to in subparagraphs (B) and (C) of paragraph (1) and for the costs referred to in subparagraph (D) of such paragraph may not be considered as any part of the fair market value of the property referred to in subsection (a). (c) USE OF PROCEEDS. —The Secretary shall deposit proceeds received from the sale of property authorized by this section in the special account established pursuant to section 204(h) of the Federal Property and Administrative Services Act of 1949 (40 U.S.C 485(h)). (d) DESCRIPTION OF PROPERTY.— The exact acreage and legal description of the property to be conveyed under this section shall be determined by a survey satisfactory to the Secretary. The cost of such survey shall be borne by BART. (e) ADDITIONAL TERMS AND CONDITIONS. —The Secretary may require such additional terms and conditions in connection with the conveyance under this section as the Secretary considers appropriate to protect the interests of the United States. SEC. 2824. LEASE AT HUNTERS POINT NAVAL SHIPYARD, SAN FRANCISCO, CALIFORNIA (a) IN GENERAL.— (1) The Secretary of the Navy shall, within one year after the date of the enactment of this Act, lease to the City of San Francisco, California, at fair market value and for at least 30 years, not less than 260 acres, including any improvements thereon, of the area known eis the Hunters Point Naval Shipyard, San Francisco, California. (2) In carrying out paragraph (1), the Secretary shall— (A) determine the location of the property to be leased; (B) provide that the property leased shall be used by the City subject to such terms and conditions as the Secretary determines appropriate to protect the interests of the United States; and (C) take steps to minimize the disruption and displacement of tenants on Hunters Point to the maximum extent practicable.

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