Page:United States Statutes at Large Volume 72 Part 1.djvu/893

 72

STAT.]

PUBLIC LAW 8 5 - 7 5 7 - A U G. 25, 1958

publication once a week for a period of four successive weeks in a newspaper of general circulation published in the city and county of Honolulu: Provided fy/rther^ That all revenue or proceeds from any such sale, lease, or other disposition shall be used solely for the support of the University of Hawaii. Such sale shall otherwise comply with the Hawaiian Organic Act and the laws of Hawaii relating to public lands. (b) Any sale, lease, or other disposition made pursuant to subsection (a) hereof shall be upon such conditions, not inconsistent with the provisions of this Act and the terms and conditions set forth in the Executive order issued pursuant thereto, as to the making of improvements, the amount of improvements, the time within which such improvements shall be made, or such other conditions, reservations, covenants, or terms as the appropriate officials of the Territory of Hawaii may determine, including provision for rights-of-way for ingress or egress, drainage and utility purposes, avigation easements, and other purposes. Approved August 25, 1958.

851

31 Stat. 141. 48 USC 678.

Public Law 85-757 AN ACT To amend the Act creating the City of Clinton Bridge Commission and authorizing said commission and its successors to acquire by purchase or condemnation and to construct, maintain, and operate a bridge or bridges across the Mississippi River at or near Clinton, Iowa, and at or near Fulton, Illinois, in order to make certain changes in the authority of such commission, and for other purposes.

August 25, 1958 [H. R. 4142]

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the first sen- M'!**!^**! i tence of section 3 of the Act entitled "An Act creating the City of River. Clinton Bridge Commission and authorizing said commission and its successors to acquire by purchase or condemnation and to construct, maintain, and operate a bridge or bridges across the Mississippi River at or near Clinton, Iowa, and at or near Fulton, Illinois", approved December 21, 1944 (58 Stat. 846), as revised, reenacted, and amended, is amended by striking out "in said State" and inserting in lieu thereof "by said State", ues SEC. 2. Section 5 of such Act is amended (1) in the first sentence Bond i s s847.. 58 Stat. thereof by striking out "negotiable serial bonds" and inserting in lieu thereof "negotiable bonds", and (2) in the proviso at the end of the fourth sentence, by striking out "twenty years" and inserting in lieu thereof "twenty-five years". SEC. 3. Such Act is further amended by renumbering section 15 as 58 Stat. 852. section 16 and by inserting immediately preceding such section a new section as follows: Federal "SEC. 15. The bridge or bridges purchased or constructed under the mentalities.instru* authority of this Act shall be deemed to be Federal instrumentalities for interstate commerce, the postal service, and military and other purposes authorized by the Government of the United States, and said bridge or bridges and the income derived therefrom shall, on and after the effective date of this section, be exempt from all Federal, State, municipal, and local property and income taxation." SEC. 4. The right to alter, amend, or repeal this Act is hereby expressly reserved. Approved August 25, 1958.

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