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MS SB2965
Bill
AI Summary
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Department of Finance and Administration is authorized to sell state-owned real property known as "Huckleberry Hill" in Pass Christian, Harrison County, Mississippi, currently under control of University of Southern Mississippi Gulf Coast.
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Property consists of two parcels in Section 7, Township 8 South, Range 12 West, including improvements and riparian/littoral rights.
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Sale price must equal or exceed current fair market value determined by averaging at least two appraisals from certified and licensed Mississippi appraisers.
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State of Mississippi retains all mineral rights to the property.
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Proceeds from the sale shall be deposited into a special fund in the State Treasury and expended only for the benefit of University of Southern Mississippi Gulf Coast.
Legislative Description
Department of Finance and Administration; authorize to sell certain real property at the USM Gulf Coast Campus.
Last Action
Died In Conference
3/28/2011