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B-140397-O.M. 1 (1959-08-04)

handle is hein.gao/gaobadaio0001 and id is 1 raw text is: UNITED STATES GENERAL ACCOUNTING OFFICE WASHINGTON 25, D. C. AUG 4 1959 CIVIL ACCOUNTING AND AUDITING DIVISION Ihe Comptroller General During the course of a review of licensing and leasing of land in the 12th Coast Guard District, San Francisco, California, our San Francisco Regional Office examined a transaction in which land in the vicinity of the Point Pinca Light Station in California was licensed by the Coast Guard to the City of Pacific Grove, California, for a golf course in consideration of 1 per annm, a $16,350 housing unit, and other property improvements, Our Regional Office believes that the transaction is a violation of 40 U.S.C. 303 (b) hich states thatt xcnept as otherwise specifically provided by law, the leasing of buildings and properties of the United States shall be for a nvney consideration only, and there sha-l not be included in the lease any provision for the alteration, repair, or inprovement of such buildings or properties as a part of the consideration for the rental to be paid for the use and occupation of the same. The moneys derived from such rentals shall be deposited and covered into the Treasury as aascellaneouJs receipts. 1 Off2icials in the 12th Coast Guard District Office cite 14 U.S.C. 93(n) and provisions of the U. 6. Coast Guard Regulations, Chapter 15, L`art 15-2-23, as author:ity for the transaction. Title 14 U.S.C. 93(n) provides that: For the Purpose of executing the duties and functions of the Coast Guard the Commandant may: (n) rent or lease, under such terms and conditions as are deemed advisable, for a period not exceeding five years, such real property under the control of the Goast Guard as may not be required for immediate use by the Coast Guard, the monies received from any such rental or lease, less amount of expenses incurred (exclusive of governmental personal services), to be covered into the Treasury; ..... The U. S. Coast Guard Regulations, Chapter 15, Part 15-2-23, stater Co ...Revocable licenses will not be approved by the Commandant unless the contemplated use is a reasonable one and some advantage therefrom, financial or otherwise, accrues to the Government, ......

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