I 
108TH CONGRESS 
1ST SESSION 
H. R. 174
To provide for the conveyance of certain real property by the Administrator 
of General Services. 
IN THE HOUSE OF REPRESENTATIVES 
JANUARY 7, 2003
Ms. ROS-LEHTINEN introduced the following bill; which was referred to the 
Committee on Government Reform 
A BILL 
To provide for the conveyance of certain real property by 
the Administrator of General Services.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. CONVEYANCE OF LAND. 
(a) CONVEYANCE BY SALE.—The Administrator of 
General Services (in this Act referred to as the ‘‘Adminis-
trator’’) shall convey by sale, to the City of Key West, 
Florida, or the Monroe County Land Authority, Monroe 
County, Florida, all right, title, and interest in and to the 
parcel of land known as the Poinciana Plaza Housing
property and located in the City of Key West, Florida (in 
this Act referred to as the ‘‘property’’) . 
(b) CONSIDERATION.—As a condition of the convey-
ance authorized under subsection (a), the grantee shall 
pay as consideration for the conveyance $2,500,000. The 
net proceeds received by the Administrator as payment 
pursuant to this subsection shall be deposited into the De-
partment of Defense Base Closure Account 1990. 
(c) DESCRIPTION OF PROPERTY.—The exact acreage 
and legal description of the property to be conveyed pursu-
ant to subsection (a) shall be determined by a survey that 
is satisfactory to the Administrator. The cost of such sur-
vey shall be borne by the grantee. 
(d) USE RESTRICTIONS.—For a period of not less 
than 30 years that begins upon the conveyance pursuant 
to subsection (a)—
(1) the property shall be used exclusively to 
provide housing and housing assistance for low- and 
moderate-income individuals and families; 
(2) not less than 60 percent of the dwelling 
units in the property shall be available only for occu-
pancy by low-income individuals and families; and 
(3) not more than 40 percent of the dwelling 
units in the property shall be available only for occu-
pancy by moderate-income individuals and families.
The Administrator shall include the restrictions 
under this subsection in the deed conveying the 
property and shall enter into any other such legally 
binding agreements as may be necessary to ensure 
compliance with this subsection. 
(e) REVERSIONARY INTEREST.—If, during the 30–
year period referred to in subsection (d), the Secretary of 
Housing and Urban Development determines that the 
property is not being used and occupied in accordance 
with subsection (d), all right, title, and interest in and to 
the property, including any improvements thereon, shall 
revert to the United States. Upon such reversion, the 
United States shall immediately proceed to a public sale 
of the property. 
(f) SALES OR RECONVEYANCE.—If, during the 30–
year period referred to in subsection (d), the grantee sells 
or reconveys any part or all of the property, the proceeds 
shall be returned to the United States and deposited into 
the Department of Defense Base Closure Account 1990. 
(g) ADDITIONAL TERMS AND CONDITIONS.—The Ad-
ministrator may require such additional terms and condi-
tions in connection with the conveyance under subsection 
(a) as the Administrator considers appropriate to protect 
the interest of the United States, including the
recoupment of profits derived through a change in the le-
gally permissible development.
Æ