LAND CONVEYANCE, CHANUTE AIR FORCE BASE, ILLINOIS

SEC. 2343. LAND CONVEYANCE, CHANUTE AIR FORCE BASE, ILLINOIS (a)Authority to Sell.—Subject to subsections (b) through (g), the Secretary of the Air Force may sell all or any portion of that tract of land (together with any improvements thereon) which comprises the Chapman Court Housing Annex, a housing complex near Chanute Air Force Base, Illinois, consisting of 49 acres, more or less. (b) Conditions of Sale.—The Secretary shall require the buyer, as a condition of any sale of any of the property referred to in subsection (a), to carry out the following projects at Chanute Air Force Base in accordance with specifications mutually agreed upon by the Secretary and the prospective purchaser: (1) Widen and extend Heritage Drive. (2)Construct a new entrance gate (including a gate guardhouse) to serve as the main entrance from U.S. Route 45. (3) Construct a visitor reception center and parking lot to serve such center. (4) Construct new streets or alter existing streets in order to effectively reroute automobile traffic (on the Air Force Base) to and from the proposed new gate. (c) Competitive Bid Requirement and Minimum Sale Price.—(1)The sale of any of the land referred to in subsection (a) shall be carried out under publicly advertised, competitive 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, as determined by the Secretary. (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 to the Committees on Armed Services of the Senate and House of Representatives a report containing the details of the contract proposed to be entered into by the Secretary under this section; and (B) a period of 21 days has expired following the date on which the report referred to in clause (A) is received by such 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 base development proposal selected by the Secretary. 101 STAT. 1229 (e) Use of Excess Funds.— If the fair market value of the property conveyed to a buyer under this section is greater than the fair market value of the facilities constructed by the buyer for the United States, as determined by the Secretary, the buyer shall pay the difference to the United States. Any such amount paid to the Secretary shall be deposited into the general fund of the Treasury. (f) Legal Description of Land.— The exact acreage and legal description of any land conveyed under this section shall be determined by a survey which is satisfactory to the Secretary. The cost of such survey shall be borne by the buyer. (g) Additional Terms.— The Secretary may require such additional terms and conditions under this section as the Secretary considers appropriate to protect the interests of the United States.