Resource information
This Act authorizes the Marianas Public Land Corporation to enter into agreements by which the Government obtains freehold interest in private land in exchange for a freehold interest in private land to be assigned to a private landowner.Exchange of land shall be authorized for a public purpose as defined by this Act. The Act sets out the conditions at which an agreement may be made and defines some terms of the agreement. The Corporation may exchange land at its own initiative but “protected resources” and adjacent areas shall be excluded from public lands that may be exchanged. “Protected resources” include coastal zones, public parks and ecologically sensitive areas. “Public purpose” shall include the acquisition of privately owned wetlands and other environmentally sensitive areas.
