Page:United States Statutes at Large Volume 114 Part 1.djvu/559

 PUBLIC LAW 106-246-^JULY 13, 2000 114 STAT. 523 (G) Public services. (3) Consideration may not be for less than the fair market value. (h) PROJECT FUND.— (1) There is established on the books of the Treasury a fund to be known as the "Base Efficiency Project Fund" into which all cash rents, proceeds, pa3anents, reimbursements, and other amounts from leases, sales, or other conveyances or transfers, joint activities, and all other actions taken under the Project shall be deposited. Subject to paragraph (2), amounts deposited into the Project Fund shall be available without fiscal year limitation. (2) To the extent provided in advance in appropriations Acts, amounts in the Project Fund shall be available to the Secretary for use at the base only for operation, base operating support services, maintenance, repair, or improvement of Department facilities, payment of consideration for acquisitions of interests in real property (including payment of rentals for leasebacks), and environmental protection or restoration. The use of such amounts may be in addition to or in combination with other amounts appropriated for these purposes. (3) Subject to generally prescribed financial management regu- Procedures, lations, the Secretary shall establish the structure of the Project Fund and such administrative policies and procedures as the Secretary considers necessary to account for and control deposits into and disbursements from the Project Fund effectively. (i) FEDERAL AGENCIES.—(1)(A) Any Federal agency, its contractors, or its grantees shall pay rent, in cash or services, for the use of facilities or property at the Base, in an amount and type determined to be adequate by the Secretary. (B) Such rent shall generally be the fair market rental of the property provided, but in any case shall be sufficient to compensate the Base for the direct and overhead costs incurred by the Base due to the presence of the tenant agency on the Base. (2) Transfers of real or personal property at the Base to other Federal agencies shall be at fair market value consideration. Such consideration may be paid in cash, by appropriation transfer, or in property, goods, or services. (3) Amounts received from other Federal agencies, their contractors, or grantees, including any amounts paid by appropriation transfer, shall be deposited in the Project Fund. (j) REPORTS TO CONGRESS. —(1) Section 2662 of title 10, United Applicabmty. States Code, shall apply to transactions at the Base during the Project. (k) LIMITATION.—None of the authorities in this section shall create any legal rights in any person or entity except rights embodied in leases, deeds, or contracts. (1) EXPIRATION OF AUTHORITY.— The authority to enter into a lease, deed, permit, license, contract, or other agreement under this section shall expire on June 1, 2005. (m) DEFINITIONS.—In this section: (1) The term "Project" means the Base Efficiency Project authorized by this section. (2) The term "Base" means Brooks Air Force Base, Texas. (3) The term "Community" means the City of San Antonio, Texas. (4) The term "Department" means the Department of the Air Force.

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