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MS HB1306

Bill

Status

Failed

2/1/2011

Primary Sponsor

David Norquist

Click for details

Origin

House of Representatives

2011 Regular Session

AI Summary

  • Authorizes the Department of Finance and Administration to sell eight parcels of state-owned real property in Cleveland, Bolivar County, Mississippi, currently controlled by Delta State University.

  • Properties subject to sale are located in the Marva Park Subdivision and include residences at addresses on McClain and Shumate streets.

  • Real property must be sold for no less than fair market value as determined by averaging at least two appraisals from certified and licensed Mississippi real estate appraisers.

  • State of Mississippi retains all mineral rights to the sold properties.

  • Net proceeds from property sales must be deposited into a special state treasury fund designated exclusively for Delta State University's benefit.

Legislative Description

Public university property; authorize DFA to sell and convey for the benefit of Delta State University.

Last Action

Died In Committee

2/1/2011

Full Bill Text

No bill text available