Proposed Sale of Federal Land to the Columbia Hospital for Women
Gao ID: T-GGD-92-7 November 13, 1991H.R. 2570 would authorize the sale of government-owned land in the District of Columbia to the Columbia Hospital for Women for $12 million. This testimony summarizes GAO's work on the value of the land and assesses the financial condition of the hospital. Because the costs for the proposed health resources center represent a significant financial undertaking for the hospital, GAO supports the concept of providing for the land's reversion if the hospital is unable to build the center.