Bill Text: TX HB4025 | 2023-2024 | 88th Legislature | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to authorizing the sale by the State of Texas of certain real property located in Austin, Texas.
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: (Engrossed - Dead) 2023-05-24 - Removed from local & uncontested calendar [HB4025 Detail]
Download: Texas-2023-HB4025-Introduced.html
Bill Title: Relating to authorizing the sale by the State of Texas of certain real property located in Austin, Texas.
Spectrum: Slight Partisan Bill (Republican 2-1)
Status: (Engrossed - Dead) 2023-05-24 - Removed from local & uncontested calendar [HB4025 Detail]
Download: Texas-2023-HB4025-Introduced.html
By: Howard | H.B. No. 4025 |
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relating to authorizing the sale by the State of Texas of certain | ||
real property located in Austin, Texas. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. (a) As soon as practicable after the effective | ||
date of this Act, the General Land Office shall offer to sell the | ||
real property described by Section 2 of this Act under the terms | ||
provided by this section. | ||
(b) The General Land Office shall negotiate and close a | ||
transaction under this section under Section 31.158, Natural | ||
Resources Code. Proceeds from this real estate transaction shall be | ||
deposited in the general revenue fund. | ||
(c) The sale of the real property described by Section 2 of | ||
this Act shall be contingent upon the construction and occupation | ||
of an alternative state records facility that replaces the facility | ||
being operated on the real property by the Texas State Library and | ||
Archives Commission on the effective date of this Act. | ||
SECTION 2. The real property held by the State of Texas is | ||
situated in Travis County, Texas, and more particularly described | ||
as follows: | ||
20.3127 acres, more or less, located at 4400 Shoal Creek | ||
Boulevard in Austin, Travis County, Texas, and having a legal | ||
description of ABS 697 SUR 7 SPEAR G W ACR 20.3127. | ||
SECTION 3. (a) As soon as practicable after the effective | ||
date of this Act, the General Land Office shall offer to sell the | ||
real property described by Section 4 of this Act under the terms | ||
provided by this section. | ||
(b) The General Land Office shall negotiate and close a | ||
transaction under this section under Section 31.158, Natural | ||
Resources Code. Proceeds from this real estate transaction shall be | ||
deposited in the general revenue fund. | ||
SECTION 4. The real property held by the State of Texas is | ||
situated in Travis County, Texas, and more particularly described | ||
as follows: | ||
7.5 acres of a 66 acre tract, more or less, located at 909 W. | ||
45th Street in Austin, Travis County, Texas, and having a legal | ||
description of ALL OF OLT 80&82 DIVISION D. | ||
SECTION 5. This Act takes effect September 1, 2023. |