the property to be transferred. As of this date, OctobeRr 11, arrangements have been made to have a survey of the property prepared by the General Land 0ffice of the Department of the Interior. The work is to be started on the survey Tuesday, October 12. 5. The President, his wife, and five children, are to retain a life tenancy in the property. 6. The property transferred is to remain taxable so long as the life tenancy is retained. (Congress can authorise the property to be taxed even though it is transferred to the Federal Government. ) 7. The United States is authorized to make improvements upon acquiring title and such improvements are to be exempt from taxation. 8. The consent of the life tenant is not necessary for any improvement which the Government may make. 9. The existing open view to the river across the Boreel tract to the south and west of the main house is to be retained. A provision contained in the will of the President's father, Mr. James Roosevelt, whereby this view can be maintained is to be incorporated in the deed transferring the President's home to the Government. The deed will also include a similar right over the balance of Wheeler Place west of the premises to be conveyed. 10. An accurate topographic survey of the property with all physical improvements is to be prepared by the Department of the Interior at the President's convenience. ll. No major changes are to be made in the house or grounds by either the life tenants or the United States Government without concurrence of an advisory committee composed of the Director of the National Park Service, as chairman, the Archivist of the United States, and the Chairman of the National Fine Arts Commission. (The following paragraph was contained in supplement to original draft of memorandum,which supplement was signed by Mr. Hackett and Mr. Epstein,and concurred in by Mr. Ronalds: "In so far as we can recollect, the function of the advisory board was to determine the improvements and whether a life resent was considered to have abandoned the premises by virtue of non-occupancy or failure to keep same in good repair. The President's though was to keep the residence and surounding grounds in a condition as nearly approximating the condition prevailing at the expiriation of his life estate without permtting any major change. The right to effect a mjor change was given to no one. Inasmuch as the aforesaid Act of Congress already permits the Government to make improvements to preserve the premises, the only function left for the advisory board to perform is to pass upon the finality of a life estate and any alteration by a life tenant.") -2- |