; 130 Stat. 1671) for the purpose of identifying areas suitable for enhanced development if— (1) the master plan and shoreline management plan of the lake have been updated since January 1, 2013; and (2) the district office of the Corps of Engineers has received a written request for such a review. (b) Definition of enhanced development In this section, the term enhanced development means structures or other improvements used for non-water-dependent commercial or hospitality industry purposes or for residential or recreational purposes. (c) Lease authority The Secretary is authorized to lease Federal land under the jurisdiction of the Secretary pursuant to this section for such terms as the Secretary determines to be advisable to permit enhanced development in areas approved for such uses under subsection (a). (d) Use of competitive procedures The Secretary shall require use of competitive procedures for leases authorized under subsection (c). (e) Considerations For leases authorized under subsection (c), the Secretary shall— (1) require payment of at least fair market value, up to 50 percent of which amount may be provided in-kind at the discretion of the Secretary; (2) enter into a partnership agreement with a private entity; (3) consider lease durations of up to 100 years; and (4) consider regional economic impacts. (f) Types of in-Kind consideration The Secretary is authorized to accept as in-kind consideration under subsection (e)(1)— (1) the maintenance, protection, alteration, repair, improvement, or restoration of public recreation facilities under the control of the Secretary; and (2) construction of new public recreation facilities. (g) Disposition of proceeds Notwithstanding section 7 of the Act of August 18, 1941 (55 Stat. 650, chapter 377