Page:United States Statutes at Large Volume 113 Part 2.djvu/826

 113 STAT. 1501A-308 PUBLIC LAW 106-113—APPENDIX E "(vi) CONTINUING VALIDITY. — Notwithstanding any other provision of law, the October 15, 1998, Canyon Ferry Cabin Site original appraisal, as provided for in this paragraph, shall remain valid for use by the Bureau of Reclamation in the sale process for a period of not less than 3 years from the date of completion of the updated appraisal."; (2) in subsection (d) (112 Stat. 2681-713)— (A) in paragraph (1)(D), by adding at the end the following: " (iii) REMAINING LEASES.— " (I) CONTINUATION OF LEASES.— The remaining lessees shall have a right to continue leasing through August 31, 2014. " (11) RIGHT TO CLOSE.— The remaining leases shall have the right to close under the terms of the sale at any time before August 31, 2014. On termination of the lease either by expiration under the terms of the lease or by violation of the terms of the lease, all personal property and improvements will be removed, and the cabin site shall remain in Federal ownership."; and (B) in paragraph (2)— (i) in the matter preceding subparagraph (A), by inserting "or if no one (including CFRA) bids," after "bid"; and (ii) in subparagraph (D)— (I) by striking "12 months" and inserting "36 months"; and (II) by adding at the end the following: "If the requirement of the preceding sentence is not met, CFRA may close on all remaining cabin sites or up to the 75 percent requirement. If CFRA does not exercise either such option, the Secretary shall conduct another sale for the remaining cabin sites to close immediately, with proceeds distributed in accordance with section 1008."; (3) by striking subsection (e) (112 Stat. 2681-714) and inserting the following: "(e) ADMINISTRATIVE COSTS. — "(1) ALLOCATION OF FUNDING. —The Secretary shall allocate all funding necessary to conduct the sales process for the sale of property under this title. "(2) REIMBURSEMENT. —Any reasonable administrative costs incurred by the Secretary (including the costs of survey and appraisals incident to the conveyance under subsection (a)) shall be proportionately reimbursed by the property owner a the time of closing."; and (4) by striking subsection (f) (112 Stat. 2681-714) and inserting the following: "(f) TIMING. —The Secretary shall— "(1) immediately begin preparing for the sales process on enactment of this Act; and "(2) not later than 1 year after the date of enactment of this Act, begin conveying the property described in subsection (b). ".

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