40 USC 74b: Sale to highest bidder; rights of abutting owner
Text contains those laws in effect on January 2, 2001
From Title 40-PUBLIC BUILDINGS, PROPERTY, AND WORKSCHAPTER 1-PUBLIC BUILDINGS, GROUNDS, PARKS, AND WHARVES IN DISTRICT OF COLUMBIA
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§74b. Sale to highest bidder; rights of abutting owner
In selling any parcel of land under sections 72c to 72e and 74a to 74c said Secretary shall cause such public or private solicitation for bids or offers to be made as he may deem appropriate, and shall sell the parcel to the party agreeing to pay the highest price therefor if such price is otherwise satisfactory: Provided, That in the event the price offered or bid by the owner of any lands abutting the lands to be sold equals the highest price offered or bid by any other party, the parcel may be sold to such abutting owner.
(Aug. 5, 1939, ch. 449, §5,
Repeals
For repeal, see note under section 74a of this title.
Section Referred to in Other Sections
This section is referred to in section 72e of this title.