Page:United States Statutes at Large Volume 110 Part 1.djvu/604

 110 STAT. 580 PUBLIC LAW 104-106—FEB. 10, 1996 (2) The Secretary shall ensure that the fair market value of the consideration provided by the transferee under paragraph (1) is not less than the fair market value of the property interest conveyed by the Secretary under subsection (a). (d) REQUIREMENTS RELATING TO PROPERTY TO BE CONVEYED TO UNITED STATES.— The property interest conveyed to the United States under subsection (c)(1)(A) by the transferee selected under subsection (i) shall— (1) be located not more than 25 miles from the Great Lakes Naval Training Center, Illinois; (2) be located in a neighborhood or area having social and economic conditions similar to the social and economic conditions of the area in which Fort Sheridan is located; and (3) be acceptable to the Secretary. (e) EDUCATION OF DEPENDENTS OF MEMBERS OF THE ARMED FORCES.— In providing for the education of dependents of members of the Armed Forces under subsection (c)(1)(D), the transferee selected under subsection (i) shall ensure that such dependents may enroll at the schools of one or more school districts in the vicinity of the real property conveyed to the United States under subsection (c)( 1)(A) which schools and districts— (1) meet such standards for schools and school districts as the Secretary shall establish; and (2) will continue to meet such standards after the enrollment of such dependents regardless of the receipt by such school districts of Federal impact aid. (f) INTERIM RELOCATION OF MEMBERS OF THE ARMED FORCES. — Pending completion of the construction of all the housing facilities proposed to be constructed under subsection (c)(1)(B) by the transferee selected under subsection (i), the Secretary may relocate— (1) members of the Armed Forces residing in housing facilities located on the property to be conveyed pursuant to the authority in subsection (a) to the housing facilities that have been constructed by the transferee under such subsection (c)(1)(B); and (2) other Government tenants located on such property to other facilities. (g) APPLICABILITY OF CERTAIN AGREEMENTS. —The property conveyed by the Secretary pursuant to the authority in subsection (a) shall be subject to the Memorandum of Understanding concerning the Transfer of Certain Properties at Fort Sheridan, Illinois, dated August 8, 1991, between the Department of the Army and the Department of the Navy. (h) DETERMINATION OF FAIR MARKET VALUE. — The Secretary shall determine the fair market value of the real property interest to be conveyed under subsection (a) and of the consideration to be provided under subsection (c)(1). Such determination shall be final. (i) SELECTION OF TRANSFEREE.— <1) The Secretary shall use competitive procedures for the selection of a transferee under subsection (a). (2) In evaluating the offers of prospective transferees, the Secretary shall— (A) consider such criteria as the Secretary considers to be appropriate to determine whether prospective transferees will be able to satisfy the consideration requirements specified in subsection (c)(1); and

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