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MS HB1306
Bill
Status
2/1/2011
Primary Sponsor
David Norquist
Click for details
AI Summary
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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.
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Properties subject to sale are located in the Marva Park Subdivision and include residences at addresses on McClain and Shumate streets.
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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.
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State of Mississippi retains all mineral rights to the sold properties.
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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