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MS SB2722
Bill
AI Summary
- Authorizes the Department of Finance and Administration to purchase the "North Forty" property located within the Capitol Complex in Jackson, Hinds County, Mississippi
- Purchase price cannot exceed the fair market value determined by the average of two appraisals by qualified, licensed appraisers
- Allows the Department of Finance and Administration to correct any discrepancies in the legal property description
- State retains all mineral rights in the property, which must be retained in any subsequent sale or lease agreements
- Takes effect upon passage
Legislative Description
"North Forty" property; authorize DFA to purchase.
Last Action
Approved by Governor
3/3/2023
Committee Referrals
Public Property2/13/2023
Public Property1/16/2023
Full Bill Text
No bill text available