[Code of Federal Regulations]
[Title 32, Volume 4]
[Revised as of July 1, 2002]
From the U.S. Government Printing Office via GPO Access
[CITE: 32CFR643.36]

[Page 95]
 
                       TITLE 32--NATIONAL DEFENSE
 
              CHAPTER V--DEPARTMENT OF THE ARMY (CONTINUED)
 
PART 643--REAL ESTATE--Table of Contents
 
                            Subpart B--Policy
 
Sec. 643.36  Policy--Interim leasing of excess properties to facilitate economic readjustment.

    Interim outleasing of excess real property is authorized to lessen 
the economic impact on the local community, caused by an installation 
inactivation, closure or realignment. These outleases may be granted to 
State or local governmental bodies in consideration for care, custody, 
management and routine maintenance. Income derived from the use of the 
property in excess of the cost of care, custody, management and routine 
maintenance will be covered into the Treasury as miscellaneous receipts. 
The outleasing will generally conform to an economic recovery plan 
outlined by the Office of Economic Adjustment, OASD (I&L), will require 
coordination with the DASD (I&H) and concurrence by the GSA. Leases are 
limited to one year and must be revocable by the Government on 30 days 
notice.