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MS HB1188
Bill
Status
3/11/2011
Primary Sponsor
William McCoy
Click for details
AI Summary
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Authorizes the Department of Finance and Administration, acting on behalf of the Mississippi Development Authority, to sell and convey real property in Prentiss County to Bruce Green.
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Property consists of approximately 106 2/3 acres (minus 6 2/3 acres previously conveyed to C.O. Eaton in 1960), located in the Northwest Quarter of Section 29, Township 4, Range 6.
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Sale price must not be less than the current fair market value as determined by averaging at least two appraisals conducted by qualified appraisers selected by the Department of Finance and Administration.
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Proceeds from the property sale shall be deposited into the State General Fund.
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Effective date is July 1, 2011.
Legislative Description
Mississippi Development Authority; authorize Dept. of Finance and Administration to sell certain property on behalf of.
Last Action
Approved by Governor
3/11/2011