Lease of Land and Facilities within the Oak Ridge K-25 Site, Oak Ridge, Tennessee
The purpose for U.S. Department of Energy action is the title transfer of unneeded DOE real property located at the East Tennessee Technology Park (ETTP) in order to help support the accelerated cleanup of ETTP and to continue to support economic development in the region. DOE's action is needed to help reduce the eventual cost for building demolition and to reduce or eliminate ETTP site landlord costs. This would also help to free money for reinvestment in cleanup projects to further reduce risks at the site. DOE also recognizes that transferring unneeded property can help offset economic losses resulting from continued DOE downsizing, facility closures, and workforce restructuring.