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Real Property Disposal

Real Property Disposal. Auburn. Region 9 San Francisco. Region 7 Ft. Worth. Property Disposal Zones. Region 1 Boston. Boston. Chicago. NCR Wash. D.C. Region 4 Atlanta. Real Property Disposal’s Role in Real Property Asset Management. Promote Full Utilization of Gov’t-wide Real Property

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Real Property Disposal

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  1. Real Property Disposal

  2. Auburn Region 9San Francisco Region 7Ft. Worth Property Disposal Zones Region 1Boston Boston Chicago NCRWash. D.C. Region 4Atlanta

  3. Real Property Disposal’s Role in Real Property Asset Management • Promote Full Utilization of Gov’t-wide Real Property • Implement Socio-Economic Initiatives • Respond to Congress on Redeployment Issues • Ensure Equitable and Objective Decision Making • Dispose of Surplus Real Property

  4. Disposal Authorities • "Public Buildings, Property, and Works“ - 40 U.S.C. • Federal Property and Administrative Services Act of 1949 • Executive Order 13327, 02/04/04 • Relocation Authority • Agency Specific • Other - forfeitures

  5. DISPOSAL PROCESS Federal Transfer DiscountConveyance NegotiatedSale PublicSale Excess AGENCY REPORTS PROPERTYEXCESS TO GSA FORDISPOSITION DETERMINED SURPLUS IF NOT TRANSFERREDTO ANOTHERFEDERAL AGENCY PROPERTY AVAILABLEFOR CERTAIN PUBLIC USESUP TO 100%DISCOUNT TO ELIGIBLEPUBLIC BODIES FOR OTHERPUBLIC USES FAIR MARKET VALUE REQUIRED OFFERED TO PUBLIC AND PRIVATE PARTIES VIAAUCTION ORSEALED BID FAIR MARKET VALUE REQUIRED

  6. National Historic Lighthouse Preservation Act • October 2000 Amendment to the National Historic Preservation Act • National Historic Lighthouse Preservation Program, a collaborative effort between USCG, GSA, and DOI • Elevated non-profit organizations’ abilities to take ownership of historic lighthouses • By end of 2009, USCG reported 93 historic lighthouses excess to GSA • Over 300 lights will be reported excess • Conveyance of 53 historic light stations to date

  7. Public Sale of the Middle River Station – Special Legislation • Former Martin B-26 Marauders plant • 50.35 acres • 1.9m sq. ft. • $37.5 on-line auction

  8. Negotiated Sale of the Former Lorton Prison – Lorton Correctional Act of 1998 • 2,700 acres • 300 buildings • Public Use: • Educational Facilities • Recreational Facilities • Housing • Museum • Communications

  9. Value of PBS DisposalsFY 1997 – FY 2010 ($M) $360M

  10. What do PBS DisposalsMean to the Federal Building Fund

  11. Questions? REDINET http://pbsportal.pbs.gsa.gov:7778/gsasso/sso_login.jsp

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