Res73 6876 - Laserfiche WebLink

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- ! ID • a (3) During the period of restriction, the property shall not be . sold, traded, leased, loaned, bailed, encumbered, or otherwise disposed of without the specific, prior, written approval of the Regional Director of the Defense Civil Preparedness Agency or the Director of the Office of Emergency Services. (4) If, during the period of restriction, property is no longer suitable , usable, or further needed for the purpose for which acquired, the donee shall promptly notify the Defense Civil Prepared- ness Agency through the office of Emergency Services and shall, as directed by the Defense Civil Preparedness Agency, retransfer the property to such department or agency of the United States of America or such other donee as may be desig- nated, by the Defense Civil Preparedness Agency. (5) In the event any of the terms and conditions set forth in this section are breached, all right, title, and interest in the property involved shall, at the option of the Defense Civil Prepared- ness Agency, revert to the United States of America . In addition, where there has been an unauthorized disposal or improper use, the donee, at the option of the Defense Civil Preparedness Agency, shall be liable to the United States of America for all damages. Where the property is not returned to possession and ownership of the United States of America or where property has been improperly used, the donee shall be liable to the United States of America and all proceeds shall be deemed to have been received and held in trust for the United States of America and the donee shall promptly remit the same to the Defense Civil Preparedness Agency. When the fair market value or rental value of the property at the time of such disposal or improper use is greater than the proceeds derived from such action, the donee shall, at the option of the Defense Civil Prepared- ness Agency, also be liable for and promptly remit the difference between such proceeds and such value, as determined by the Defense Civil Preparedness Agency. The remedies provided in this paragraph (5) of this section are in addition to administrative compliance measures, and all civil remedies and criminal penalties provided by law. 3 . That Jame . Fales, Jr. , City Manager of the City of Redwood City I' /,mil '(, u. -S . .nature) is hereby designated as the authorized representative of said City to sign for and accept surplus Federal property, regardless of acquisition cost, in accordance with the conditions imposed by the above agencies. _ -3-