14 U.S.C. § 672a : US Code - Section 672A: Long-term lease authority for lighthouse property

Search 14 U.S.C. § 672a : US Code - Section 672A: Long-term lease authority for lighthouse property

(a) The Commandant of the Coast Guard may lease to non-Federal
entities, including private individuals, lighthouse property under
the administrative control of the Coast Guard for terms not to
exceed 30 years. Consideration for the use and occupancy of
lighthouse property leased under this section, and for the value of
any utilities and services furnished to a lessee of such property
by the Commandant, may consist, in whole or in part, of non-
pecuniary remuneration including the improvement, alteration,
restoration, rehabilitation, repair, and maintenance of the leased
premises by the lessee. Section 321 of chapter 314 of the Act of
June 30, 1932 (40 U.S.C. 303b) (!1) shall not apply to leases
issued by the Commandant under this section.
(b) Amounts received from leases made under this section, less
expenses incurred, shall be deposited in the Treasury.
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