I 

110TH CONGRESS 

2D SESSION H. R. 5350 

To authorize the Secretary of Commerce to sell or exchange certain National 

Oceanic and Atmospheric Administration property located in Norfolk, 

Virginia, and for other purposes. 

IN THE HOUSE OF REPRESENTATIVES 

FEBRUARY 12, 2008 

Mr. SCOTT of Virginia (for himself and Mrs. DRAKE) introduced the following 

bill; which was referred to the Committee on Natural Resources, and in 

addition to the Committee on Oversight and Government Reform, for a 

period to be subsequently determined by the Speaker, in each case for 

consideration of such provisions as fall within the jurisdiction of the committee concerned 

A BILL 

To authorize the Secretary of Commerce to sell or exchange 

certain National Oceanic and Atmospheric Administration property located in Norfolk, Virginia, and for other 

purposes. 

1 Be it enacted by the Senate and House of Representa2 tives of the United States of America in Congress assembled, 

3 SECTION 1. SALE OR EXCHANGE OF NOAA PROPERTY IN 

4 NORFOLK, VIRGINIA. 

5 (a) IN GENERAL.—Notwithstanding the process for 

6 disposing of Federal property as established by chapter 


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1 13 of title 40, United States Code, the Secretary of Com2 merce may sell or exchange to the City of Norfolk, Vir3 ginia, in accordance with this section, real property under 

4 the administrative jurisdiction of the National Oceanic 

5 and Atmospheric Administration (in this section referred 

6 to as ‘‘NOAA’’), including land and improvements there7 on, located at 538 Front Street, Norfolk, Virginia, con8 sisting of approximately 3.78 acres, if the Secretary— 

9 (1) determines that the conveyance is in the 

10 best interests of NOAA and the Federal Govern11 ment; and 

12 (2) has provided prior notification to the appro13 priate Congressional committees. 

14 (b) CONSIDERATION.— 

15 (1) IN GENERAL.—For any conveyance under 

16 this section the Secretary shall require provision to 

17 the United States of consideration having a value 

18 that is not less than the fair market value of the 

19 property conveyed by the United States. 

20 (2) FORM.—Consideration under this sub21 section may include any combination of— 

22 (A) cash or cash equivalents; 

23 (B) other property (either real or per24 sonal); and 

25 (C) consideration in-kind, including— 


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1 (i) provision of space, goods, or serv2 ices of benefit to NOAA including con3 struction, repair, remodeling, or other 

4 physical improvements of NOAA property; 

5 (ii) maintenance of NOAA property; 

6 or 

7 (iii) provision of office, storage, or 

8 other useable space. 

9 (3) DETERMINATION OF FAIR MARKET

10 VALUE.—The Secretary shall determine fair market 

11 value for purposes of paragraph (1) based upon an 

12 appraisal of the property conveyed under subsection 

13 (a). 

14 (c) USE OF PROCEEDS.—Amounts received by the 

15 United States as proceeds of any conveyance under this 

16 section shall be available to the Secretary without further 

17 appropriation, until expended, for— 

18 (1) activities related to the operations of, or 

19 capital improvements, to NOAA property; or 

20 (2) relocation and other costs associated with 

21 the sale or exchange. 

Æ 


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