Political Quotes

On the recordMay 7, 2012
Mr. Speaker, I yield myself such time as I may consume. S. 1302 would direct the General Services Administration to sell 150 acres of land in Tracy, California, to the city of Tracy for not less than its appraised fair market value. This property is undeveloped land that was once under the custody and control of the Federal Government. However, the Federal Government maintains a reversionary interest in the property based on certain usage restrictions. Through three separate pieces of legislation enacted since 1999, Congress has conveyed the 150 acres to the city of Tracy and has restricted its use of the land to educational and recreational uses only. Over the past decade, the city of Tracy has determined that these uses are no longer feasible, and it would like to utilize the land for economic development, thus adding to its base and to the welfare of the citizens of Tracy. In fact, the city expects significant commercial interest in the property and is optimistic that future development on the land will create hundreds of much-needed jobs. S. 1302 would remove all restrictions currently imposed on the property by Congress and would transfer complete ownership of the land from the Federal Government to the city of Tracy. Additionally, this legislation advances the goal of the disposing of unneeded Federal property, which is something that Mr. Denham, who is with me today, has been very active in.…
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Darrell Issa
Republican · California

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