[Federal Register Volume 73, Number 171 (Wednesday, September 3, 2008)]
[Notices]
[Pages 51556-51557]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: E8-20373]


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DEPARTMENT OF VETERANS AFFAIRS


Enhanced-Use Lease of VA Property for the Improvement and 
Operation of the Memorial Stadium at the Department of Veterans Affairs 
Medical Center, Chillicothe, OH

AGENCY: Department of Veterans Affairs (VA).

ACTION: Notice of Intent To Enter into an Enhanced-Use Lease.

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SUMMARY: The Secretary of the Department of Veterans Affairs (VA) 
intends to enter into an enhanced-use lease of approximately 4.273 
acres of underutilized land and improvements at the VA Medical Center 
in Chillicothe, Ohio. The selected lessee will finance, preserve, 
improve, design, build, operate, manage and maintain the property, 
which includes the VA Memorial Stadium and its accessory facilities 
(e.g., bleachers, dressing rooms, concession buildings, playground, and 
a grassy area adjacent to the stadium). As consideration for the lease, 
the lessee will be required to make annual capital improvements, pay VA 
fair market annual rent, and allow VA to use the stadium at no cost for 
mission-related events at least 5 times annually during the lease term. 
The value of the consideration meets or exceeds the net present value 
of the property to be leased.

FOR FURTHER INFORMATION CONTACT: Edward Bradley, Office of Asset 
Enterprise Management (044C), Department of Veterans Affairs, 810 
Vermont Avenue, NW., Washington, DC 20420, (202) 461-7778 (this is not 
a toll-free number).

SUPPLEMENTARY INFORMATION: Title 38 U.S.C. 8161 et seq. states that the 
Secretary may enter into an enhanced-use lease if he determines that 
implementation of a business plan proposed by the Under Secretary for 
Health for applying the consideration under such a lease for 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.


[[Page 51557]]


    Approved: July 17, 2008.
James B. Peake,
Secretary of Veterans Affairs.
[FR Doc. E8-20373 Filed 9-2-08; 8:45 am]
BILLING CODE 8320-01-P