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Authorizing General Services Administrator To Convey A Parcel Of Real Property To Alaska Railrod Corporation

Floor Speech

Date: May 15, 2007
Location: Washington, DC
Issues: Transportation


AUTHORIZING GENERAL SERVICES ADMINISTRATOR TO CONVEY A PARCEL OF REAL PROPERTY TO ALASKA RAILROAD CORPORATION -- (House of Representatives - May 15, 2007)

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Mr. GRAVES. Mr. Speaker, I yield myself such time as I may consume.

Mr. Speaker, H.R. 1036, as amended, was introduced by Representative Don Young from Alaska on February 13, and it requires the Administrator of General Services to convey a small GSA property to the publicly owned Alaska Railroad.

The parcel of property is known as the Fleet Management Center. It is located in Anchorage, Alaska. It is currently being utilized as a GSA motor pool, but it is necessary for the planned expansion of the rail yard there in Anchorage.

H.R. 1036 requires the Administrator to sell the property at either fair market value or to exchange the property for a like valued piece of real estate. The value of the property will be determined by an independent appraisal commissioned by the GSA and paid for by the Alaska Railroad Corporation. This bill requires that all the proceeds from the sale be deposited into the Federal Buildings Fund.

Mr. Speaker, I support this measure, and I urge my colleagues to do so.

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