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MS HB413
Bill
Status
3/5/2013
Primary Sponsor
Toby Barker
Click for details
AI Summary
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Authorizes the Department of Finance and Administration to sell state-owned real property in Jackson County, Mississippi under the control of the University of Southern Mississippi, consisting of 5 acres in Section 15, Township 5 South, Range 5 West, west of Saracena Road.
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Requires the property be sold for no less than fair market value as determined by averaging at least two appraisals from certified, licensed appraisers, with one selected by the Department of Finance and Administration.
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Retains all mineral rights to the sold property for the State of Mississippi.
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Directs sale proceeds to be deposited into the M.M. Roberts Endowment Fund administered by the University of Southern Mississippi.
Legislative Description
USM; authorize Department of Finance & Administration to sell certain real property located in Jackson County, MS.
Last Action
Died In Committee
3/5/2013