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U.S. Code as of:
01/19/04
Section 685. Conveyance or lease of existing property and facilities
(a) Conveyance or Lease Authorized. - The Secretary may convey or
lease property or facilities (including ancillary support
facilities) to private persons for purposes of using the proceeds
of such conveyance or lease to carry out activities under this
chapter.
(b) Terms and Conditions. - (1) The conveyance or lease of
property or facilities under this section shall be for such
consideration and upon such terms and conditions as the Secretary
considers appropriate for the purposes of this chapter and to
protect the interests of the United States.
(2) As part or all of the consideration for a conveyance or lease
under this section, the purchaser or lessor (as the case may be)
may enter into an agreement with the Secretary to ensure that a
suitable preference will be afforded members of the armed forces
and their dependents in the lease or sublease of a reasonable
number of the housing units covered by the conveyance or lease, as
the case may be, or in the lease of other suitable housing units
made available by the purchaser or lessee.
(c) Inapplicability of Certain Property Management Laws. - The
conveyance or lease of property or facilities under this section
shall not be subject to the following provisions of law:
(1) Subtitle I of title 40 and title III of the Federal
Property and Administrative Services Act of 1949 (41 U.S.C. 251
et seq.).
(2) Section 1302 of title 40.
(3) The McKinney-Vento Homeless Assistance Act (42 U.S.C. 11301
et seq.).
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