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B-160929 1 (1967-04-20)

handle is hein.gao/gaobadajk0001 and id is 1 raw text is: C .'TROLLER GENERAL OF THE UNITED STA WASHINGTON, D.C. 20548 03-160929 April 20, 1967 WArther MetweneO is nalo to yOr letter of &Ubruay at. 1537, trnwZ4itt4g cotempondmnce ;rom the attoney fl the Rovlopent Ainy of the3 City of Sacramiento, CalAiornia, cotvain~SA 1@ylan against the action of the GenZral Qervicne Adiaatration (C4 n o payg the areh4oe price of a Federal office buUdIng and c!aouri e loca~xtCin a redovelcrpent Noiect ares In Gaesaeato. 4n or constructim. th buIldIng bayoe. by thVe Aoai o of2 GSA twMea author of the A elic ITtlns ZsE chase COztract Act oke U.a3.. 356, uere Gtkved by ?ot4,Wo0s of ao Unre oc4 renato Cimitxg s on Rablic Works on June 13 'Wad 22 1956, rrgetivlyv, as require4 t sid at. This at pmovidcd duhw ity Zor GA to cbtzxia CA 7rovide naee for the ctt4ties of t-he Gtverntent under leasegerchase contracts 02 1ot loas Aan tet nsmore >hanc* twentrtwe earo. The %et ao proviLed that title to the popr krty nulld a L to axrcrd 1y the (qVermeant pier to tha xPiratio o2 the eatrtet tpm pTeeVifed, in tie abaets of spectIte aypropra- tion of \nds by Congresu ir Tnh purpose, and that 3Aw interest la redjX 9 ortvoy r ac tquird Vader 14A terms would be subjczt to otate ad local tacs 1ntil ucad tLe as titlo ieotod in the Unted Stateo. In 1756, baedO on tie ea3Wfptilon that ay tase-yarchae eontract rated by the Goverrrat would be for 25 rars a the tAther musavptio tt title could act be acqUred before e4pirtiOn of thia DcrA, dtrIng hich the Zle aat&ated Uetrly tax liabdlity wiuld be yAroximatety 122,000, the RzodepelDramt Acungr old (2G,00,0 of ta 0Q11sCation bonds. Eece cnagmptions, ou4 reprcsaotations to, potential Investowa, pere baod on the folloing lattr oz T!rch at 0 195¾ iron tha Doputy ReGo:nal Dmetor of CA to the gcdeveoe1o2at 1tnzq.cL t Yoer letter of thz'oh16 aG ed abxnb the tmothd of . iaseci ng abiah 1nt3. be oad if the ;Voposed nvv Lferal 3aild-in to built n the Capitol 3all in Sacraments. te hive xemndzxgzed con4 tauction of a now buildin±g on the Mal under tho Lecase vurehvae Act, Aublie tw 519, 83rd Congezas, eagy attaho. Aa a natter of fact, there is o other cuzrent gomtructto prca a ader whieb Qh buildming couild be built.

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