Bill Text: MI SB0844 | 2015-2016 | 98th Legislature | Enrolled
Bill Title: Property; conveyances; state-owned property in Ingham County; provide for conveyance. Creates new act.
Spectrum: Bipartisan Bill
Status: (Passed) 2016-08-03 - Assigned Pa 0179'16 With Immediate Effect [SB0844 Detail]
Download: Michigan-2015-SB0844-Enrolled.html
STATE OF MICHIGAN
98TH LEGISLATURE
REGULAR SESSION OF 2016
Introduced by Senators Jones and Hertel
ENROLLED SENATE BILL No. 844
AN ACT to authorize the state administrative board to convey state-owned property in Ingham County; to prescribe conditions for the conveyance; and to provide for disposition of the revenue from the conveyance.
The People of the State of Michigan enact:
Sec. 1. The state administrative board, on behalf of this state, shall convey to Emergent BioDefense Operations Lansing, LLC, or its successors or assigns, for fair market value as determined under section 3, property under the jurisdiction of the department of technology, management, and budget located in the city of Lansing, Ingham County, Michigan, and further described as follows:
A parcel of land in the NE 1/4 of Section 5, T4N, R2W, City of Lansing, Ingham County, Michigan and more particularly described as commencing at the Northeast corner of said Section 5; thence N 89°59'49" W 124.94 feet on the North line of said Section 5; thence S 00°00'11" W 33.00 feet; thence S 33°12'59" W 315.33 feet to the point of beginning; thence N 53°08'14" W 101.37 feet; thence S 89°11'38" W 47.55 feet; thence S 00°42'03" W 68.57 feet; thence N 88°47'25" E 46.68 feet; thence S 79°55'02" E 79.99 feet; thence N 10°44'09" E 21.83 feet to the point of beginning. This parcel contains 0.16 acres of land, more or less.
Sec. 2. (1) The description of the property in section 1 is approximate and for purposes of the conveyance is subject to adjustments as the state administrative board or the attorney general considers necessary by survey or legal description.
(2) The conveyance of property under section 1 must include all surplus, salvage, and scrap property or equipment.
Sec. 3. The fair market value of the property described in section 1 must be determined by an appraisal prepared for the department of technology, management, and budget by an independent appraiser.
Sec. 4. Emergent BioDefense Operations Lansing, LLC, shall complete the conveyance authorized under this act within 180 days after the effective date of this act.
Sec. 5. (1) The state administrative board shall make the conveyance authorized by this act by quitclaim deed designed or otherwise approved as to legal form by the attorney general. This state shall not reserve oil, gas, or mineral rights to the property conveyed under this act. However, the conveyance authorized under this act must provide that if the purchaser or any grantee develops any oil, gas, or minerals found on, within, or under the conveyed property, the purchaser or any grantee shall pay the state 1/2 of the gross revenue generated from the development of the oil, gas, or minerals. Any payment from revenue generated from the development of oil, gas, or minerals under this subsection must be deposited in the general fund.
(2) This state reserves all aboriginal antiquities including mounds, earthworks, forts, burial and village sites, mines, or other relics lying on, within, or under the property with power to this state and all others acting under its authority to enter the property for any purpose related to exploring, excavating, and taking away the aboriginal antiquities.
Sec. 6. The net revenue received under this act must be deposited in the state treasury and credited to the general fund. As used in this section, “net revenue” means the proceeds from the sale of the property less reimbursement for any costs to this state associated with the sale of property, including, but not limited to, administrative costs; costs of reports and studies and other materials necessary to the preparation of sale; environmental remediation; legal fees; and any litigation related to the conveyance of the property.
This act is ordered to take immediate effect.
Secretary of the Senate
Clerk of the House of Representatives
Approved
Governor
