2020 US Code
Title 40 - Public Buildings, Property, and Works
Subtitle II - Public Buildings and Works
Part D - Public Buildings, Grounds, and Parks in the District of Columbia
Chapter 87 - Physical Development of National Capital Region
Subchapter IV - Acquiring and Disposing of Land
Sec. 8735 - Sale of land by Secretary of the Interior

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Citation 40 U.S.C. § 8735 (2020)
Section Name §8735. Sale of land by Secretary of the Interior
Section Text

(a) Authority To Sell.—With the approval of the National Capital Planning Commission, the Secretary of the Interior, for the best interests of the Federal Government, may sell, by deed or instrument, real estate held by the Government in the District of Columbia and under the jurisdiction of the National Park Service which may be no longer needed for public purposes. The land may be sold for cash or on a deferred-payment plan the Secretary approves, at a price not less than the Government paid for it and not less than its present appraised value as determined by the Secretary.

(b) Sale to Highest Bidder.—In selling any parcel of land under this section, the Secretary shall have public or private solicitation for bids or offers be made as the Secretary considers appropriate. The Secretary shall sell the parcel to the party agreeing to pay the highest price if the price is otherwise satisfactory. If the price offered or bid by the owner of land abutting the land to be sold equals the highest price offered or bid by any other party, the parcel may be sold to the owner of the abutting land.

(c) Paying Expenses and Depositing Proceeds.—The Secretary—

(1) may pay the reasonable and necessary expenses of the sale of each parcel of land sold; and

(2) shall deposit the net proceeds of each sale in the Treasury to the credit of the Government and the District of Columbia in the proportion that each—

(A) paid the appropriations used to acquire the parcels; or

(B) was obligated to pay the appropriations, at the time of acquisition, by reimbursement.

Source Credit

(Pub. L. 107–217, Aug. 21, 2002, 116 Stat. 1226.)

Editorial Notes
Historical and Revision Notes
Revised SectionSource (U.S. Code)Source (Statutes at Large)
8735(a) 40:74a. Aug. 5, 1939, ch. 449, §§4–6, 53 Stat. 1211.
8735(b) 40:74b.
8735(c) 40:74c.

In subsection (a), the words "in his discretion", "and convey, in whole or in part", and "proper" are omitted as unnecessary.

In subsection (b), reference to sections 72c to 72e is omitted as unnecessary because the Secretary of the Interior does not have authority to sell land under those sections.

Publication Title United States Code, 2018 Edition, Supplement 2, Title 40 - PUBLIC BUILDINGS, PROPERTY, AND WORKS
Category Bills and Statutes
Collection United States Code
SuDoc Class Number Y 1.2/5:
Contained Within Title 40 - PUBLIC BUILDINGS, PROPERTY, AND WORKS
SUBTITLE II - PUBLIC BUILDINGS AND WORKS
PART D - PUBLIC BUILDINGS, GROUNDS, AND PARKS IN THE DISTRICT OF COLUMBIA
CHAPTER 87 - PHYSICAL DEVELOPMENT OF NATIONAL CAPITAL REGION
SUBCHAPTER IV - ACQUIRING AND DISPOSING OF LAND
Sec. 8735 - Sale of land by Secretary of the Interior
Contains section 8735
Date 2020
Laws In Effect As Of Date January 13, 2021
Positive Law Yes
Disposition standard
Statutes at Large References 53 Stat. 1211
116 Stat. 1226
Public Law References Public Law 107-217
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