[CPEO-MEF] REUSE: Economic Development Conveyance Final Rule

[Lenny Siegel <LSiegel@cpeo.org>]

Federal Register/Vol. 76, No. 221
Wednesday, November 16, 2011
Rules and Regulations, page 70878


DEPARTMENT OF DEFENSE
Office of the Secretary
32 CFR Part 174
[Docket ID: DOD–2010–OS–0135] RIN 0790–AI67
Revitalizing Base Closure Communities and Addressing Impacts of  
Realignment
AGENCY: Office of the Under Secretary of Defense for Acquisition,  
Technology, and Logistics, DoD.
ACTION: Final rule.


SUMMARY: Section 2715 of the National  Defense Authorization Act for  
Fiscal  Year 2010, Public Law 111–84,  amended the Defense Base  
Closure and  Realignment Act of 1990 to change the  authority of the  
Department of Defense  to convey property to a local  redevelopment  
authority (LRA) for  purposes of job generation on a military   
installation closed or realigned under a  base closure law. Such a  
conveyance is  known as an Economic Development  Conveyance (EDC).  
Economic  Development Conveyances were created  by amendments to the  
Base Closure and  Realignment law in 1993, creating a new  tool for  
communities experiencing  negative economic effects caused by the   
elimination of a significant number of  jobs in the community....


...

To download the Rule from the Federal Register, go to
http://www.gpo.gov/fdsys/pkg/FR-2011-11-16/pdf/2011-29533.pdf

--

Lenny Siegel
Executive Director, Center for Public Environmental Oversight
a project of the Pacific Studies Center
278-A Hope St., Mountain View, CA 94041
Voice: 650/961-8918 or 650/969-1545
Fax: 650/961-8918
<lsiegel@cpeo.org>
http://www.cpeo.org

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