Page:United States Statutes at Large Volume 90 Part 1.djvu/330

 90 STAT. 280

PUBLIC LAW 94-242—MAR. 24, 1976

Public Law 94-242 94th Congress ' Mar. 24, 1976 [H.R. 1313]

Rolla, Mo. Airport property restrictions, lo iKP 171A 49 USC 1716.

An Act rp^ authorize the Secretary of Transportation to release restrictions on the use of certain property conveyed to the city of Rolla, Missouri, for airport purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That, notwithstanding section 16 of the Federal Airport Act (as in effect on October 6, 1958), the Secretary of Transportation is authorized, subject to the provisions of section 4 of the Act of October 1, 1949 (50 App. U.S.C. 1622c), and the provisions of section 2 of this Act, to grant releases from any of the terms, conditions, reservations, and restrictions contained in the deed of conveyance dated October 6, 1958, under which the United States conveyed certain property to the city of Rolla, Missouri, for airport purposes. SEC. 2. Any release granted by the Secretary of Transportation under the first section of this Act shall be subject to the following conditions: (1) The city of Rolla, Missouri, shall agree that in conveying any interest in the property which the United States conveyed to the city by deed dated October 6, 1958, the city will receive an amount for such interest which is equal to the fair market value (as determined pursuant to regulations issued by such Secretary). (2) Any such amount so received by the city shall be used by the city for the development, improvement, operations, or maintenance of a public airport. Approved March 24, 1976.

LEGISLATIVE HISTORY: HOUSE REPORT No. 94-824 (Comm. on Public Works and Transportation). CONGRESSIONAL RECORD, Vol. 122 (1976): Feb. 17, considered and passed House. Mar. 11, considered and passed Senate.

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