Bill Text: MS SB2708 | 2024 | Regular Session | Engrossed
Bill Title: Department of Public Safety Headquarters; authorize DPS to sell or lease the land.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Failed) 2024-04-02 - Died In Committee [SB2708 Detail]
Download: Mississippi-2024-SB2708-Engrossed.html
MISSISSIPPI LEGISLATURE
2024 Regular Session
To: Public Property
By: Senator(s) Suber
Senate Bill 2708
(As Passed the Senate)
AN ACT TO AUTHORIZE THE DEPARTMENT OF FINANCE AND ADMINISTRATION, ACTING ON BEHALF OF THE MISSISSIPPI DEPARTMENT OF PUBLIC SAFETY, TO SELL AND CONVEY OR LEASE A PARCEL OF CERTAIN STATE-OWNED REAL PROPERTY AND ANY IMPROVEMENTS THEREON UNDER THE POSSESSION AND CONTROL OF THE DEPARTMENT OF PUBLIC SAFETY, LOCATED IN THE CITY OF JACKSON, HINDS COUNTY, MISSISSIPPI; TO STIPULATE THE CONDITIONS UNDER WHICH THE PROPERTY MAY BE SOLD OR LEASED TO PROMOTE THE HIGHEST AND BEST USE FOR THE STATE; TO PROVIDE THAT THE SELLING OR LEASING ENTITY SHALL ENTERTAIN REQUESTS FOR PROPOSALS FOR THE SALE AND PURCHASE OR LEASE OF THE PROPERTY AND IMPROVEMENTS AND ACCEPT THE PROPOSAL THAT PROVIDES THE HIGHEST AND BEST VALUE FOR THE STATE WHICH SHALL INCLUDE, BUT NOT BE LIMITED TO, THE PRICE, USE AND OTHER PROPOSAL CONDITIONS AS REQUIRED BY THE STATE; TO PROVIDE THAT THE STATE SHALL RETAIN ALL MINERAL RIGHTS TO THE REAL PROPERTY SOLD OR LEASED UNDER THIS ACT; 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 Mississippi Department of Public Safety, is authorized to sell and convey or lease parcels of certain state-owned real property and any improvements thereon under the possession and control of the Department of Public Safety, located in the City of Jackson, Hinds County, Mississippi, and more particularly described as follows:
A parcel of land situated in the Southeast One-Quarter (SE ¼) of the Southeast One-Quarter (SE ¼) and a part of the Southwest One-Quarter (SW ¼) of the Southeast One-Quarter (SE ¼), of Section 26, Township 6 North, Range 1 East, City of Jackson, First Judicial District of Hinds County, Mississippi and more particularly described as being bounded on the North and West by that certain parcel of land conveyed to the University of Mississippi Medical center and bounded on the East by Interstate Highway 55 right of way and bounded on the South by the North right of way of Woodrow Wilson Boulevard acquired by State Highway Commission and contains 9.6 acres, more or less.
(2) (a) If sold, the real property described in subsection (1) of this section and any improvements thereon shall be sold for not less than the current fair market value as determined by the averaging of at least two (2) appraisals by qualified appraisers, one (1) of whom shall be selected by the Department of Finance and Administration, and both of whom shall be certified and licensed by the Mississippi Real Estate Appraiser Licensing and Certification Board.
(b) If the real property described in subsection (1) of this section is leased, the Department of Finance and Administration is authorized to negotiate all aspects of any lease and any terms and ancillary agreements pertaining to any lease as may be reasonably necessary to effectuate the intent and purposes of this section and to ensure a fair and equitable return to the state.
(3) The property described in subsection (1) of this section shall be sold or leased to result in the highest and best use of the property to revitalize the surrounding neighborhoods with class A apartment homes, parking and landscaping and to ensure that the property is used in a manner that will not interfere with the operation of adjacent agencies and institutions. Additionally, businesses may open locations on the property alongside residential areas.
(4) The Department of Finance and Administration shall issue a publicly advertised request seeking proposals to either sell or lease the property described in subsection (1) of this section.
(5) The State of Mississippi shall retain all mineral rights to the real property sold or leased under this section.
(6) The Department of Finance and Administration may recover its costs associated with the transaction authorized by this section from the proceeds of the sale or lease of the real property described in subsection (1) of this section and the net proceeds of the sale or lease shall be deposited into the State of Mississippi's General Fund in the State Treasury.
(7) The Department of Finance and Administration may correct any discrepancies in any legal description provided in this section.
SECTION 2. This act shall take effect and be in force from and after its passage and shall stand repealed on the day before its passage.
