[Federal Register Volume 64, Number 166 (Friday, August 27, 1999)]
[Notices]
[Pages 46934-46935]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 99-22267]
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DEPARTMENT OF THE INTERIOR
Bureau of Land Management
[NV-010-1430-00; N-62824]
Notice of Realty Action: Non-Competitive Sale
AGENCY: Bureau of Land Management, DOI.
ACTION: Non-competitive sale of reversionary interest patent number 27-
65-0234.
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SUMMARY: The following described land in Clark County, Nevada, was
patented to Basic Management Incorporated pursuant to the Act of
Congress of August 27, 1954 (68 Stat. A223). The patent contained a
reversionary interest to the United States. Victory Valley Land
Company, L.P., a successor-in-interest, requests the purchase of the
reversionary interest at not less than the estimated fair market value
of $1,515,000.00. The Federal interest has been examined and found
suitable for sale under the provisions of the Federal Land Policy and
Management Act (43 CFR 2711.3-3).
Mount Diablo Meridian, Nevada
T. 21 S., R. 63 E.,
Sec. 33, SE\1/4\SE\1/4\NE\1/4\SW\1/4\, E\1/2\NE\1/4\SE\1/4\SW\1/
4\, NE\1/4\SE\1/4\SE\1/4\SW\1/4\, S\1/2\NW\1/4\SE\1/4\, N\1/2\SW\1/
4\SE\1/4\, N\1/2\S\1/2\SW\1/4\SE\1/4\.
Containing 60 acres, more or less, identified as Clark County
Assessor Parcel Number 160-33-801-001.
[[Page 46935]]
Non-competitive sale procedures are considered appropriate, in this
case, as the land described above was granted to Basic Management,
Incorporated, with a clause of reversionary interest to the United
States.
The Federal interest has been jointly selected for sale by the unit
of local government as provided by the Southern Nevada Public Land
Management Act of 1997 (P.L. 105-263), and is being offered for non-
competitive sale to Victory Valley Land Company, L.P. The property will
continue to be subject to certain reservations to the United States.
Detailed information concerning these reservations as well as
specific conditions of the sale are available for review at the Las
Vegas Field Office, Bureau of Land Management, 4765 Vegas Drive, Las
Vegas, Nevada 89108.
For a period of 45 days from the date of publication of this notice
in the Federal Register, interested parties may submit comments to the
Field Manager, Las Vegas Field Office, at the above address. In the
absence of timely objections, this proposal shall become the final
determination of the Department of the Interior.
Dated: August 17, 1999.
Cheryl Ruffridge,
Acting Assistant Field Manager, Las Vegas, NV.
[FR Doc. 99-22267 Filed 8-26-99; 8:45 am]
BILLING CODE 4310-HC-P
