HR 7293 · 97th Congress · Public Lands and Natural Resources
A bill to provide financial assistance to the Wolf Trap Foundation for the Performing Arts for reconstruction of the Filene Center in Wolf Trap Farm Park, and for other purposes.
Bill Progress
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EnactedLatest: Became Public Law No: 97-310.(1982-10-14)
Plain Language Summary
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Wolf Trap Farm Park Act - Authorizes the Secretary of the Interior (the Secretary) to make available to the Wolf Trap Foundation for the Performing Arts for the reconstruction of the Filene Center in Wolf Trap Farm Park: (1) a grant of $9,000,000 to be provided in increments as needed and only if the Foundation agrees to provide contributions from non-Federal sources to complete the reconstruction; and (2) loans in an amount equal to twice the amount of non-Federal contributions received, but not to exceed $8,000,000, to be repaid in full with interest at a rate determined by the Secretary of the Treasury plus any additional charge needed to cover the costs of servicing the loan. Prohibits the term of any such loan from exceeding five years. Requires the Foundation to agree, as a condition of receiving such assistance, to: (1) expend all funds for the reconstruction of the Filene Center in accordance with appropriate Office of Management and Budget circulars and the Davis-Bacon Act; (2) comply with the Secretary's terms; and (3) maintain insurance on the Filene Center during the period of the cooperative agreement required by this Act. Makes repairs or reconstruction carried out wi…
Summarized by Claude AI · Non-partisan · For informational purposes only