§305106 Historic Light Station Sales

Summary

If no one is approved to take over a historic light station under the earlier transfer rules, the light station must be sold. The Administrator must set the sale terms. Those terms must follow the same main rules used for earlier transfers. The sale papers must include promises to protect the station’s historic character and to make sure any federal aid to navigation there is run and kept by the United States as long as needed. Where the net sale money goes depends on the land and control. If the station is on public domain land, the net proceeds 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, the net proceeds are credited to the Coast Guard’s Operating Expenses appropriation account and may be used to maintain light stations still under that Secretary’s control. Those Coast Guard funds stay available until spent and are in addition to other Coast Guard Operating Expense funds.