2020 US Code
Title 40 - Public Buildings, Property, and Works
Subtitle II - Public Buildings and Works
Part C - Federal Building Complexes
Chapter 65 - Thurgood Marshall Federal Judiciary Building
Sec. 6504 - Lease of building
| 40 U.S.C. § 6504 (2020) | |||||||||||||||
| §6504. Lease of building | |||||||||||||||
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(a) Lease Agreement.—Under an agreement with the person selected to construct the Thurgood Marshall Federal Judiciary Building, the Architect of the Capitol shall lease the Building to carry out the objectives of this chapter. (b) Minimum Requirements of Lease Agreement.—The agreement includes at a minimum the following: (1) Limit on length of lease.—The Architect will lease the Building and other improvements for not more than 30 years from the effective date of the agreement. (2) Rental rate.—The rental rate per square foot of occupiable space for all space in the Building and other improvements will be in the best interest of the Federal Government and will carry out the objectives of this chapter. The aggregate rental rate for all space in the Building and other improvements shall produce an amount at least equal to the amount necessary to amortize the cost of development of squares 721 and 722 in the District of Columbia over the life of the lease. (3) Authority to make space available and sublease space.—The Architect may make space available and sublease space in the Building and other improvements in accordance with section 6506 of this title. (4) Other terms and conditions.—The agreement contains terms and conditions the Architect prescribes to carry out the objectives of this chapter. (c) Obligation of Amounts.—Obligation of amounts for lease payments under this section may only be made— (1) on an annual basis; and (2) from the account described in section 6507 of this title. |
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(Pub. L. 107–217, Aug. 21, 2002, 116 Stat. 1189.) |
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Subsection (a) is substituted for 40:1203(a) to eliminate obsolete words. In subsection (b)(2), the words "in the District of Columbia" are added for clarity. |
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| United States Code, 2018 Edition, Supplement 2, Title 40 - PUBLIC BUILDINGS, PROPERTY, AND WORKS | |||||||||||||||
| Bills and Statutes | |||||||||||||||
| United States Code | |||||||||||||||
| Y 1.2/5: | |||||||||||||||
| Title 40 - PUBLIC BUILDINGS, PROPERTY, AND WORKS SUBTITLE II - PUBLIC BUILDINGS AND WORKS PART C - FEDERAL BUILDING COMPLEXES CHAPTER 65 - THURGOOD MARSHALL FEDERAL JUDICIARY BUILDING Sec. 6504 - Lease of building |
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| section 6504 | |||||||||||||||
| 2020 | |||||||||||||||
| January 13, 2021 | |||||||||||||||
| Yes | |||||||||||||||
| standard | |||||||||||||||
| 102 Stat. 2330 116 Stat. 1189 |
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| Public Law 100-480, Public Law 107-217 |
