40 USC 8734: Sale of land by Mayor
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40 USC 8734: Sale of land by Mayor Text contains those laws in effect on November 22, 2024
From Title 40-PUBLIC BUILDINGS, PROPERTY, AND WORKSSUBTITLE II-PUBLIC BUILDINGS AND WORKSPART D-PUBLIC BUILDINGS, GROUNDS, AND PARKS IN THE DISTRICT OF COLUMBIACHAPTER 87-PHYSICAL DEVELOPMENT OF NATIONAL CAPITAL REGIONSUBCHAPTER IV-ACQUIRING AND DISPOSING OF LAND
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§8734. Sale of land by Mayor

(a) Authority To Sell.-With the approval of the National Capital Planning Commission, the Mayor of the District of Columbia, for the best interests of the District of Columbia, may sell to the highest bidder at public or private sale real estate in the District of Columbia owned in fee simple by the District of Columbia for municipal use that the Council of the District of Columbia and the Commission find to be no longer required for public purposes.

(b) Paying Expenses and Depositing Proceeds.-The Mayor-

(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 District of Columbia.

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

Historical and Revision Notes
Revised

Section

Source (U.S. Code)Source (Statutes at Large)
8734(a) 40:72c. Aug. 5, 1939, ch. 449, §§1, 2, 53 Stat. 1211 .
8734(b) 40:72d.

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