db,
AEC hereby ‘returns to Navy, and Navy accepts, in their
current condition, one AFDL No. 27, and one L&f No. lh, both of
which are currently on loan to AEC from Navyy and are presently
located in Navy storage facilities at Pearl Harbor,
AEC will
provide funds for placing these craft in an "out of commission
in reserve status" and/or “out of service in reserve status",
if so required by the Navy, or restore the craft in accordance
with the existing L July 1955 agreement (cifed below) whichever
is cheaper.
c.
Navy assumes responsibility to negotiate for the acquisition
or return or, in the event such acquisition or return is not required,
to negotiate for aporopriate disposal of all property on loan to
AEG and located at EPG on July 1, 1%0.
2.
AEC has a need, which DOD recognizes, for certain property .
presently stored at the EPG.
‘Such property is not transferred to Navy,
but is specifically reserved to AEC.
Albuquerque Operations Office, AEC,
will identify such property in a suitable manner and so notify FMR prior
to October 1, 1960.
With respect to that property so reserved by AEC
Navy agrees that it will cause such property to be returned to the
United States for AEC.
AEC agrees that it will underwrite all expenses
at EPG amd CONUS in connection with preparing these items for shipment,
and loading and unloading costs,
All shipping costs between EPG and
CONUS Tidewater incurred between July 1, 19%0, and June 30, 1941, will
be borne by the DOD subject to the availability of funds,
Any such
shipping costs for this purpose incurred subsequent to June 30, 1941,
will be borne by the AFC.
It is also recognized that there may be a
few items of property either installed or in storage at EPG which may be
UNGLASSir
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