PUBLIC LAW 101-632—NOV. 28, 1990 104 STAT. 4575 Public Law 101-632 101st Congress An Act To provide for a visitor center at Salem Maritime National Historic Site in the Nov. 28, 1990 Commonwealth of Massachusetts. [H.R. 4834] Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. VISITOR CENTER FOR THE SALEM MARITIME NATIONAL 16 USC 461 note. HISTORIC SITE. Section 1(b) of the Act entitled "An Act to revise the boundaries of Salem Maritime National Historic Site in the Commonwealth of Massachusetts, and for other purposes" (102 Stat. 659) is amended— (1) by striking "LANDS. —The" and inserting "LANDS. — (1) The"; and (2) by adding at the end the following: "(2)(A) Subject to subparagraph (B), the Secretary may acquire under this subsection property or an interest therein in the city of Salem for use as a visitor center for the national historic site. The Secretary shall conduct an economic analysis of the costs and benefits of acquiring such property or interest therein. Funds appropriated for the development and operation of the visitor center may be expended on property in which the Secretary has acquired less than a fee simple interest. "(B)(i) Any acquisition under this paragraph shall provide that— "(I) under any lease, the leased period shall not be less than 25 years and shall contain an option to renew for an addtional 25 years; "(II) the owner of the property shall maintain the property to a standard acceptable to the Secretary; "(III) under any lease, rental amounts paid by the Secretary may not exceed the fair market value of the leased premises, as determined by an independent party acceptable to both the lessor and the Secretary; and "(IV) under any lease, rental payments be reduced by the fair market value of improvements in the leased premises made by or at the expense of the Secretary.
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