MS SB3097 | 2010 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on March 25 2010 - 100% progression
Action: 2010-03-25 - Died On Calendar
Text: Latest bill text (Engrossed) [HTML]

Summary

An Act To Amend Section 1, Chapter 564, Laws Of 2007, To Authorize The Department Of Finance And Administration And The Mississippi Development Authority To Lease The Property Formerly Known As The "old School For The Blind," Which Is Located North Of Eastover Drive In The City Of Jackson, Hinds County, Mississippi, For Purposes Of Redevelopment For Terms Not To Exceed 80 Years Resulting In Its Highest And Best Use; To Repeal Sections 2 And 3, Chapter 564, Laws Of 2007, Which Prescribe The Terms For Residential Leases Entered Into By The Mississippi Development Authority With Regard To The Property; To Amend Section 2, Chapter 561, Laws Of 2009, In Conformity To The Preceding Provisions Of This Act; To Authorize The Department Of Finance And Administration To Contract With A Development Facilitator To Identify And Select Qualified Developers; To Require The Mississippi Development Authority To Assist The Department Of Finance And Administration And The Development Facilitator In The Performance Of The Contract; To Require The Department Of Finance And Administration To Obtain At Least Two Appraisals On The Property To Establish Its Fair Market Rental Value; To Provide That The Properties Described In Sections 1 And 2 Of This Act Shall Not Be Leased For An Amount Less Than The Fair Market Rental Value; To Require That Any Lease Executed Under This Act Must Contain Provisions For The Periodic Adjustment Of Rentals Throughout The Term Of The Lease; To Amend Section 29-1-201, Mississippi Code Of 1972, In Conformity To The Preceding Provisions Of This Act; To Amend Sections 27-33-17 And 27-33-19, Mississippi Code Of 1972, To Allow Homestead Exemption For Persons Who Lease Or Assign The Property From The Lessee And Occupy And Use The Property As A Home; And For Related Purposes.

Tracking Information

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Title

Old School for the Blind property; revise authority to lease and redevelop.

Sponsors


Roll Calls

2010-03-09 - House - House Passed As Amended (Y: 114 N: 3 NV: 5 Abs: 0) [PASS]
2010-02-10 - Senate - Senate Passed (Y: 51 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2010-03-25 Died On Calendar
2010-03-11 Returned For Concurrence
2010-03-09 Passed As Amended
2010-03-09 Amended
2010-03-02 Title Suff Do Pass As Amended
2010-03-02 DR - TSDPAA: AP To PP
2010-02-23 DR - TSDPAA: PP To AP
2010-02-17 Referred To Public Property;Appropriations
2010-02-11 Transmitted To House
2010-02-10 Passed
2010-02-10 Committee Substitute Adopted
2010-02-02 Title Suff Do Pass Comm Sub
2010-01-18 Referred To Public Property

Mississippi State Sources


Bill Comments

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