Page:United States Statutes at Large Volume 72 Part 1.djvu/463

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[72 Stat. 421]
PUBLIC LAW 85-000—MMMM. DD, 1958
[72 Stat. 421]

72

STAT.]

421

PUBLIC LAW 85-561-JULY 28, 1958

Public Law 85-561 AN ACT To amend the District of Columbia Stadium Act of 1957 to require the stadium to be constructed substantially in accordance with certain plans, to provide for a contract with the United States with respect to the site of such stadium, and for other purposes.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That the District of Columbia Stadium Act of 1957 is amended as follows: (1) The first sentence of section 2 of such Act is amended by striking out "(including necessary motor-vehicle parking areas)". (2) The last sentence of section 2 of such Act is amended to read as follows: "In the event the Board exercises the authority vested in it by this section, such stadium shall be constructed substantially in accordance w'ith the plans for such stadium contained in the PraegerKavanagh-Waterbury survey entitled 'Engineering and Economic Study, District of Columbia Stadium' dated March 31, 1958.". (3) Section 3 of such Act is amended by striking out all that follows in that section after "and thereafter," and inserting in lieu thereof the following: "acting under authority of the Act entitled 'An Act to establish a National P a r k Service, and for other purposes', approved August 25, 1916, as amended (16 U.S.C. 1 and the following), the Secretary of the Interior shall enter into a contract with the Board for the construction, maintenance, and operation of the stadium on such East Capitol Street site, except that such contract may be for a term of not more than thirty years.". (4) The first sentence of subsection (a) of section 4 of such Act is amended to read as follows: "The Board is hereby authorized to provide for the payment of the cost of preliminary engineering and economic surveys relating to the stadium, and for the payment of the cost of planning, designing and constructing such stadium, and to provide funds for the operation and maintenance of such stadium, and for the payment of interest on the bonds authorized herein during the period of construction and during the 12-month period following completion of construction of the stadium, by an issue or issues of negotiable bonds of the Board, bearing interest, payable annually or semiannually, as the Board shall determine, at a rate not exceeding such rate as shall be approved by the Secretary of the Treasury." (5) The second sentence of subsection (a) of section 4 of such Act is amended by striking out "Act, but such cost shall not exceed $6,000,000." and inserting in lieu thereof "Act.". (6) The fourth sentence of subsection (a) of section 4 of such Act is amended (a) by inserting immediately after "outstanding bonds" a comma and the following: "and interest thereon," and (B) by striking out "occur, and shall not exceed in principal amount the principal amount of outstanding bonds replaced by such refunding bonds." and inserting in lieu thereof "occur.". (7) Subsection (a) of section 4 of such Act is further amended by striking out the last two sentences of that subsection. (8) Subsection (c) of section 4 of such Act is amended (A) by striking out "obligations" and inserting in lieu thereof "securities" and (B) by striking out "by the United States, or". (9) Section 5 of such Act is amended by striking out "without regard to any other provision of law—" and inserting in lieu thereof "without regard to any other provision of law, but subject to any contract entered into with the Secretary of the Interior under section 3 of this Act—".

July 28, 1958 12162]

District o f C o lumbia S t a d i u m Act of 1957. Amendment. 71 Stat. 619. Construction plans.

Contract.

39 Stat. 535.

Bonds.

Authority Board.

of