§305106 Historic Light Station Sales

Summary

If no one is approved to receive a historic light station under sections 305101–305105, the light station must be offered for sale. The Administrator will set the sale terms. Those terms must follow the rules in paragraphs (1)–(4) and (8) of subsection (a) and subsection (b) of section 305104. Sale papers must include promises to protect the station’s historic character and to let the United States operate and maintain any federal aids to navigation there as long as needed. Net proceeds from a sale go where directed. If the station is on public domain land, the money must go to the National Maritime Heritage Grants Program under chapter 3087 in the Department of the Interior. If the station is under the Secretary of Homeland Security’s control, the money must be credited to the Coast Guard’s Operating Expenses account and may be used to maintain other Coast Guard light stations. Those funds remain available until spent and are in addition to other Coast Guard Operating Expense funds.