Page:United States Statutes at Large Volume 99 Part 1.djvu/1020

 99 STAT. 998 Contracts.

Housing.

98 Stat. 1521. Contracts.

Prohibition. Prohibition. Contracts.

PUBLIC LAW 99-167—DEC. 3, 1985 (b) CONDITIONS OF SALE.—Before the Secretary enters into a contract for the sale of all or a portion of the property referred to in subsection (a), the prospective buyer shall be required— (1) to submit to the Secretary a master plan for the development of the land that is acceptable to both the Secretary and the appropriate officials of the city of Columbia, South Carolina; and (2) at the option of the Secretary, to enter into an agreement with the Secretary under which the prospective buyer agrees that if all or a portion of the land referred to in subsection (a) is conveyed to the buyer, the buyer will be required— (A) to construct, at the option of the Secretary, on a portion of the land to be conveyed or on a portion of the land not conveyed up to 400 units of family housing in accordance with specifications and standards prescribed by the Secretary at the time the land is offered for sale; (B) to have the housing units ready for occupancy not later than 2 years after the date of the conveyance of such land to the prospective buyer; and (C) at the option of the Secretary— (i) lease the housing units to the Army pursuant to section 2828(g) of title 10, United States Code; or (ii) set aside the housing units for military personnel in exchange for a guarantee by the Secretary of the rental of the set-aside housing units in accordance with section 802 of the Military Construction Authorization Act, 1984 (10 U.S.C. 2821 note). (c) COMPETITIVE BID REQUIREMENT; MINIMUM SALE PRICE.—(1) The

sale of any of the land referred to in subsection (a) shall be carried out under publicly advertised, competitively bid, or competitively negotiated contracting procedures. (2) In no event may any of the land referred to in subsection (a) be sold for less than its fair market value. (d) REPORT REQUIREMENTS.—(1) The Secretary may not enter into any contract for the sale of any or all of the land referred to in subsection (a) unless— (A) the Secretary has submitted a report to the appropriate committees of Congress containing the information required in section 2828(g)(6)(A) of title 10, United States Code; and (B) a period of 21 days has expired following the date on which the economic report referred to in such section is received by those committees. (2) Any report submitted under paragraph (1) shall include— (A) a description of the price and terms of the proposed sale; (B) a description of the procedures used in selecting a buyer for the land; and (C) all pertinent information regarding the family housing to be made available for military personnel under this section. (e) USE OF PROCEEDS OF SALE.—(1) The Secretary may use the

Housing.

proceeds from the sale of any of the land referred to in subsection (a)(A) to provide for military family housing for military personnel stationed at Fort Jackson in the manner prescribed in subsection (b)(2) or in such other manner as the Secretary may prescribe;

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