[Federal Register Volume 68, Number 183 (Monday, September 22, 2003)]
[Notices]
[Page 55102]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 03-24054]


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DEPARTMENT OF VETERANS AFFAIRS


Enhanced-Use Lease Development of Property at the Department of 
Veterans Affairs Chicago Health Care System, Chicago (Lakeside), IL

AGENCY: Department of Veterans Affairs

ACTION: Notice of intent to designate.

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SUMMARY: The Secretary of the Department of Veterans Affairs (VA) 
intends to designate real property at VA's Lakeside property in 
Chicago, Illinois (``Lakeside''), to be leased under an enhanced-use 
lease (EUL). The Department intends to enter into a long-term (up to 75 
years) lease of approximately 3.6 acres of real property with a 
competitively selected lessee/developer who would finance, design, 
develop, maintain and manage mixed-use facilities, possibly including 
such uses as residential, commercial, and medical, all at no cost to 
VA. VA would use the consideration from the lease to improve services 
and facilities for veterans in the Chicago area.

FOR FURTHER INFORMATION CONTACT: Brian A. McDaniel, Office of Asset 
Enterprise Management (004B), Department of Veterans Affairs, 810 
Vermont Avenue, NW., Washington, DC 20420, (202) 273-9492.

SUPPLEMENTARY INFORMATION: 38 U.S.C. 8161 et seq., specifically 
provides that the Secretary may enter into an enhanced-use lease if he 
determines that the implementation of a business plan proposed by the 
Under Secretary for Health for applying the consideration under such a 
lease to the provision of medical care and services would result in a 
demonstrable improvement of services to eligible veterans in the 
geographic service-delivery area within which the property is located. 
This project meets this requirement.

    Approved: September 11, 2003.
Anthony J. Principi,
Secretary of Veterans Affairs.
[FR Doc. 03-24054 Filed 9-18-03; 12:01 pm]
BILLING CODE 8320-01-P