[Congressional Record Volume 141, Number 158 (Thursday, October 12, 1995)]
[Senate]
[Pages S15119-S15120]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]

      By Mr. DOLE (for himself, Mr. Moynihan, Mr. Warner, Mr. Heflin, 
        Mrs. Hutchison, Mr. Burns, Mr. D'Amato, Mr. DeWine, Mr. 
        Coverdell, Mr. Cochran, Mr. Faircloth, Mr. Brown, and Mr. 
        Stevens):
  S. 1315. A bill to designate the Federal Triangle Project under 
construction at 14th Street and Pennsylvania Avenue, Northwest, in the 
District of Columbia, as the ``Ronald Reagan Building and International 
Trade Center''; to the Committee on Environment and Public Works.


     the ronald reagan building and international trade center act

  Mr. DOLE. Mr. President, earlier today, I was joined by a number of 
my Senate colleagues, and by Congresswoman Andrea Seastrand of 
California in announcing the introduction of legislation to designate 
the Federal Triangle project as the ``Ronald Reagan Building and 
International Trade Center.''
  Like most who work in Washington, I have enjoyed watching the monthly 
progress made on the construction of what, upon its completion in 1997, 
will be an important addition to this city's architectural landscape.
  And in my view, Congresswoman Andrea Seastrand had come up with 
exactly the right name for the project.
  President Reagan always believed that Government and the private 
sector should be partners and not adversaries. And the Federal Triangle 
project--authorized during the Reagan administration--was constructed 
in that spirit.
  As Senator Moynihan, who is a cosponsor of this legislation, was the 
driving force behind congressional approval of the project. And he 
pointed out on the Senate floor in 1987 that the project's construction 
involved no appropriated Federal funds.
  Rather, money was borrowed from the Federal Financing Bank, and will 
be repaid with revenues derived from leasing office space. It is 
anticipated 

[[Page S 15120]]
that after 30 years, the Federal Government will own the building 
outright.
  It is also fitting to name a building that will house an 
international trade center after President Reagan, because no one stood 
stronger for free and fair trade than he did.
  While naming a building can certainly not repay the debt America owes 
to Ronald Reagan, it is a fitting tribute to a man who transformed this 
city, this country, and the entire world.
  Mr. President, I ask unanimous consent that the text of the bill be 
printed in the Record.
  There being no objection, the bill was ordered to be printed in the 
Record, as follows:

                                S. 1315

       Be it enacted by the Senate and House of Representatives of 
     the United States of America in Congress assembled,

     SECTION 1. DESIGNATION.

       The Federal Triangle Project under construction at 14th 
     Street and Pennsylvania Avenue, Northwest, in the District of 
     Columbia, shall be known and designated as the ``Ronald 
     Reagan Building and International Trade Center''.

     SEC. 2. REFERENCES.

       Any reference in a law, map, regulation, document, paper, 
     or other record of the United States to the building referred 
     to in section 1 shall be deemed to be a reference to the 
     ``Ronald Reagan Building and International Trade Center''.
                                 ______