Mr. Speaker, I rise today in support of S. 1302, a bill to convey a parcel of land in the city of Tracy. S. 1302 is commonsense legislation that will be a win for the Federal taxpayer, the local community, and private enterprise. Simply put, this bill allows the city of Tracy to purchase at fair-market value a parcel of land from the Federal Government. Currently, the government has a reversionary interest in a vacant parcel of its land, and the community of Tracy deeply needs it. The city would like to purchase the land from the government at fair-market value and eliminate the reversionary interest so that the local community can decide what's best for the land. This land will then be leased to a private company to develop a solar project that will provide renewable energy and economic activity to the local community. I had the opportunity to tour this location with the mayor of Tracy, Brent Ives, who's been working on this for quite some time. He showed how this project will provide a significant economic impact to a community struggling with high rates of unemployment. Mr. Speaker, this legislation will solve another problem created by too much government. Local control of this property will put people back to work, benefit the local economy, provide a source of renewable energy, and turn a profit for the taxpayer. I was proud to be a cosponsor of the House version of this legislation introduced by Mr. McNerney, and I urge my colleagues to support this measure.
On the recordMay 7, 2012
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