Page:United States Statutes at Large Volume 106 Part 3.djvu/830

 106 STAT. 2624 PUBLIC LAW 102-484—OCT. 23, 1992 pay the Secretary an amount equal to the aggregate of the fair market value of the remaining lease referred to in such subsection (a)(1) and the facilities referred to in such subsection (a)(2). (c) USE OF FUNDS. —(I)(A) Subject to the availability of appropriations for this purpose and subparagraph (B), the Secretary shall use the amount paid by the Institute under subsection (b) to expand the Marine Corps Reserve Center to be constructed at Doobins Air Force Base, Georgia, in a manner which permits the use of a portion of that Center as replacement facilities for the naval reserve facilities referred to in subsection (a)(l). (B) The expanded portion of the Marine Corps Reserve Center described under subparagraph (A) shall be under the jurisdiction of the Marine Corps Reserve. (2) If any portion of the amount referred to in paragraph (1) remains unexpended after the construction of the naval reserve facilities referred to in that paragraph, the Secretary shall deposit that portion in the account established under section 204(n) of the Federal Property and Administrative Services Act (40 U.S.C. 485(h)). (d) ADDITIONAL TERMS AND CONDITIONS. —The Secretary may require any additional terms and conditions in connection with the conveyance section that the Secretary considers appropriate to protect the interests of the United Stotes. SEC. 2847. LAND CONVEYANCE, FORT CHAFFEE, ARKANSAS. (a) CONVEYANCE. —The Secretary of the Army shall convey to the City of Fort Smith, Arkansas (in this section referred to as the "City^), all right, title, and interest (other than any oil, gas, or mineral interest) of the United Stotes in and to a parcel of real property consisting of approximately 400 acres, togetner with improvemente thereon, located at Fort Chaffee, Arkansas. (b) CONSIDERATION. —As consideration for the conveyance under subsection (a), the City— (1) shall provide the Army with such services at Fort Chaffee as the Secretary and the City shall jointly determine, the fair market value of which services shall be equal to the fair market value of the property conveyed pursuant to subsection (a); or (2) shall— (A) provide the Army with such services at Fort Chaffee as the Secretary and the City shall jointly detormine; and (B) in the event that the fair market value of the property conveved pursuant to subsection (a) exceeds the fair market value of the services provided under subp€u:a- graph (A), pay to the Secret£U7 the amount equal to such excess. (c) DETERMINATIONS OF FAIR MARKET VALUE. —The Secretary shall determine the fair market value of the parcel of real property to be conveyed under subsection (a) and the value of the services, if any, to oe provided under paragraph (1) or (2) of subsection (b). Such determinations shall be final. (d) USE OF PROCEEDS. —The Secretary shall deposit the amount of the consideration, if any, paid under subsection (b)(2)(B) in the account established under section 204(h) of the Federal Property and Administrative Services Act (40 U.S.C. 485(h)). (e) DESCRIPTION OF PROPERTY.— The exact acreage and legal description of the parcel of land conveyed pursuant to this section

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