Bill Text: MS HB977 | 2010 | Regular Session | Enrolled
Bill Title: Public property; authorize sale of certain properties by MUW and USM.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Passed) 2010-04-01 - Approved by Governor [HB977 Detail]
Download: Mississippi-2010-HB977-Enrolled.html
MISSISSIPPI LEGISLATURE
2010 Regular Session
To: Public Property; Appropriations
By: Representative Smith (39th)
House Bill 977
(As Sent to Governor)
AN ACT TO AUTHORIZE THE DEPARTMENT OF FINANCE AND ADMINISTRATION, ACTING ON BEHALF OF THE BOARD OF TRUSTEES OF STATE INSTITUTIONS OF HIGHER LEARNING, TO SELL AND CONVEY CERTAIN REAL PROPERTY AND ANY IMPROVEMENTS THEREON AT THE MISSISSIPPI UNIVERSITY FOR WOMEN, LOCATED IN THE CITY OF COLUMBUS, LOWNDES COUNTY, MISSISSIPPI, KNOWN AS THE "CARRIER LODGE"; TO AUTHORIZE THE UNIVERSITY OF SOUTHERN MISSISSIPPI TO PURCHASE, REHABILITATE, RECONSTRUCT AND SELL CERTAIN FORECLOSED PROPERTIES LOCATED IN THE JACKSON, MISSISSIPPI, METROPOLITAN AREA; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. (1) The Department of Finance and Administration, acting on behalf of the Board of Trustees of State Institutions of Higher Learning, is authorized to sell and convey certain real property and any improvements thereon at the Mississippi University for Women, located in the City of Columbus, Lowndes County, Mississippi, known as the "Carrier Lodge," and more particularly described as follows:
The South Half (S 1/2) of Fractional Square 25 of Moore's Survey of the City of Columbus, Mississippi, as shown by the official map or plat of the City of Columbus, Lowndes County, Mississippi.
That part of Square Number Fifteen (15) of Moore's Survey of and in the City of Columbus, Lowndes County, Mississippi, known and described as follows: Beginning at the northwest corner of said Square No. 15 of Moore's Survey aforesaid; thence running east along the northern boundary line of said Square a distance of 173 feet, more or less, to a line of trees running north and south through said Square; thence running south along said line of trees a distance of 150 feet; thence running west on a line parallel with the north line of said Square a distance of 173 feet; thence running north a distance of 150 feet to the point of beginning; said property being more particularly described as and enclosed by a line run as follows:
Beginning at the southeast corner of the intersection of South Eighth Avenue and South First Street in the City of Columbus, Mississippi (said point of beginning being the intersection of the south line of said South Eighth Avenue with the east line of said South First Street); thence running north 79 degrees 50 minutes east along the south line of South Eighth Avenue a distance of 165.5 feet to an iron pin; thence running south 14 degrees 30 minutes east (at an interior angle of 91 degrees 47 minutes) a distance of 149 feet to an iron pin; thence running south 80 degrees 10 minutes west (at an interior angle of 88 degrees 13 minutes) a distance of 169 feet to an iron pin on the east line of South First Street (west line of said Square No. 15 of Moore's Survey aforesaid); thence running north 13 degrees 20 minutes west (at an interior angle of 90 degrees 30 minutes) along the east line of South First Street (west line of said Square No. 15 of Moore's Survey aforesaid) a distance of 150 feet to the point of beginning (the northwest corner of the tract described having an interior angle of 89 degrees 30 minutes); as per map or plat of survey thereof by C.L. Wood, Civil Engineer, dated July 26, 1949, Columbus, Mississippi; and being the same property conveyed by The Refuge Cotton Oil Company to Kraft Foods Company by deed dated June 30, 1950, recorded in Land Record Number 216, Page 177 in the Chancery Clerk's Office of Lowndes County, Mississippi.
All of Square No. 24 of Moore's Survey in and according to the plan of the City of Columbus, Mississippi, less and except therefrom, however, 150 feet off the entire North end of said Square No. 24 of Moore's Survey.
ALSO, the West Half (W 1/2) of Square No. 15 of Moore's Survey, in and according to the plan of said City of Columbus, Mississippi, less and except therefrom; however, 150 feet off of the entire North end thereof heretofore conveyed by F.J. Jacob to Refuge Cotton Oil Co. by deed dated April 30, 1925 and recorded in Deed Book 125 at Page 182 of the land records of Lowndes County, Mississippi; and less and except therefrom also, the following described lot: Beginning at a point on the West Boundary line of said Square No. 15 of Moore's Survey, 242 feet South of the Northwest corner of said Square; thence East, 20 feet; thence South, 75 feet; thence West, 20 feet; thence North, along the West boundary line of said Square, 75 feet to the point of beginning, being the same property conveyed by F.M. Jacob to the Refuge Cotton Oil Co. by deeds recorded in Deed Book 145 at Page 302 and Page 441 of the land records of Lowndes County, Mississippi.
ALSO, that part of the Southeast Quarter (SE 1/4) of Square No. 15 of Moore's Survey in and according to the plan of said City of Columbus, Mississippi, described as: Beginning at the point of intersection of the East boundary line of said Square No. 15 of Moore's Survey, with the North boundary line of the right of way of the G.M.&O. Railroad, and running thence West parallel with the South boundary line of said Square, 165 feet; thence South, 16 feet; thence East, 93 feet to the North boundary line of the G.M.&O. Railroad property; thence in a Northeasterly direction along the North boundary line of said G.M.&O. Railroad property, to the point of beginning.
ALSO, a triangular strip in said Square 15 of Moore's Survey in and according to the plan of said City of Columbus, Mississippi described as: Beginning at the point 165 feet West of the Southeast corner of said Square; thence North, 40 feet; thence in a Southeasterly direction, a distance of 93 feet to a point on the South boundary line of said Square, which point is 99 feet East of the point of beginning; thence West along said South boundary line, 99 feet to the point of beginning.
(2) The real property described in subsection (1) of this section shall not be sold for less than the current fair market value as determined by the averaging of at least two (2) appraisals by qualified appraisers selected by the Department of Finance and Administration.
(3) The State of Mississippi shall retain all mineral rights to the real property sold under this section.
(4) Proceeds from the sale of the real property described in subsection (1) of this section shall be deposited into a special fund in the State Treasury and shall be expended only for the benefit of the Mississippi University for Women.
SECTION 2. The University of Southern Mississippi is authorized to purchase, rehabilitate, reconstruct and sell foreclosed properties located in the Jackson, Mississippi, metropolitan area under such terms and conditions as provided in the Neighborhood Stabilization Program Subgrant from the Mississippi Development Authority. The authority granted in this section shall expire upon the completion of the sale of all such properties under the subgrant.
SECTION 3. This act shall take effect and be in force from and after its passage.
