Lease authorization

(a)

In general

The Secretary of the Interior (referred to in this section as the “Secretary”) may lease to the Savannah Bar Pilots Association, or a successor organization, no more than 30,000 square feet of land and improvements within Fort Pulaski National Monument (referred to in this section as the “Monument”) at the location on Cockspur Island that has been used continuously by the Savannah Bar Pilots Association since 1940. (b)

Rental fee and proceeds

(1)

Rental fee

For the lease authorized by this Act, the Secretary shall require a rental fee based on fair market value adjusted, as the Secretary deems appropriate, for amounts to be expended by the lessee for property preservation, maintenance, or repair and related expenses. (2)

Proceeds

Disposition of the proceeds from the rental fee required pursuant to paragraph (1) shall be made in accordance with section 3(k)(5) of Public Law 91–383 (16 U.S.C. 1a–2(k)(5)). (c)

Terms and conditions

A lease entered into under this section— (1)shall be for a term of no more than 10 years and, at the Secretary’s discretion, for successive terms of no more than 10 years at a time; and (2)shall include any terms and conditions the Secretary determines to be necessary to protect the resources of the Monument and the public interest. (d)

Exemption from applicable law

Except as provided in section 2(b)(2) of this Act, the lease authorized by this Act shall not be subject to section 3(k) of Public Law 91–383 (16 U.S.C. 1a–2(k)) or section 321 of Act of June 30, 1932 (40 U.S.C. 1302).