Bill Text: MS SB2672 | 2010 | Regular Session | Introduced
Bill Title: Old School for the Blind property; delete provision requiring Secretary of State approval before lease of.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Failed) 2010-02-02 - Died In Committee [SB2672 Detail]
Download: Mississippi-2010-SB2672-Introduced.html
MISSISSIPPI LEGISLATURE
2010 Regular Session
To: Public Property
By: Senator(s) Gordon
Senate Bill 2672
AN ACT TO AMEND SECTION 1, CHAPTER 564, LAWS OF 2007, TO REMOVE THE PROVISION REQUIRING APPROVAL BY THE SECRETARY OF STATE BEFORE FINAL EXECUTION OF THE LEASE OF CERTAIN REAL PROPERTY, FORMERLY KNOWN AS THE "OLD SCHOOL FOR THE BLIND", LOCATED IN THE CITY OF JACKSON, HINDS COUNTY, MISSISSIPPI; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. Section 1, Chapter 564, Laws of 2007, is hereby amended as follows:
Section 1. (1) Acting on behalf of the Department of Education, the Mississippi Development Authority * * * is authorized to lease for a period not to exceed sixty (60) years with an option to renew not to exceed twenty (20) years all of the land, formerly known as the "Old School for the Blind," located north of Eastover Drive in the City of Jackson, Hinds County, Mississippi, and more particularly described as follows:
Starting at a concrete monument that is the SE corner of the SW 1/4 of the SW 1/4 of Section 24, T6N, R1E in the First Judicial District, Hinds County, Mississippi, run thence N 00°-01' E along the line between the E 1/2 and the W 1/2 of the SW 1/4 of Section 24, T6N, R1E for a distance of 194.40 feet to a point on the north line of Eastover Drive, as said drive is now laid out and improved, the point of beginning.
Run thence N 56°-46' W along said north line of said Eastover Drive for a distance of 3.02 feet to the P.C. of a curve to the left with a radius (chord) of 5769.65 feet (angle of curve was omitted, 04°-00'-0r"); Run thence along said curve and said north line of Eastover Drive for a distance of 402.91 feet to the P.T. of said curve; Run thence N 60°-46' W along said north line of said Eastover Drive for a distance of 684.92 feet to a point on the east right-of-way line of U.S. Highway No. 51, as said highway is now laid out and improved, Run thence N 29°-14' E along said east right-of-way line of U.S. Highway No. 51 for a distance of 1422.24 feet to a point; Run thence N 87°-06' E for a distance of 251.28 feet to a point on the line between the E 1/2 and the W 1/2 of the SW 1/4 of Section 24, T6N, R1E, and also being a point on the south line of share 1 of the Mosal partition; Run thence S 00°-01' W along said line between the E 1/2 and the W 1/2 of the SW 1/4 of Section 24, T6N, R1E for a distance of 1796.17 feet to the point of beginning.
All the above described land being situated in the W 1/2 of the SW 1/4 of Section 24, T6N, R1E in the First Judicial District of Hinds County, Mississippi, and being wholly within the corporate limits of the City of Jackson and containing 22.822 acres.
(2) (a) The property described in subsection (1) shall be leased for private redevelopment to result in the highest and best use as determined by the Mississippi Development Authority and to ensure that the property is used in a manner that will not interfere with the operation of the Mississippi School for the Blind or the Mississippi School for the Deaf; provided that such redevelopment shall be a mixed-use development consisting of commercial, residential and retail space, with an investment of not less than One Hundred Million Dollars ($100,000,000.00). The Mississippi Development Authority is authorized to negotiate and execute all aspects of the lease * * *.
(b) It is the intent of the Legislature that such property will be leased to a private developer for the benefit of creating value while also preserving the local environment, promoting growth in the area and generating a constant revenue stream for the State of Mississippi.
(c) The Mississippi Development Authority is authorized to make such terms and agreements as may be reasonably necessary to effect such intent to ensure a fair and equitable return to the state, and the lease shall contain a provision requiring that the lessee construct a new residence for the Superintendent of the Mississippi School for the Blind and a new storage and building maintenance facility on the grounds of the new campus for the school.
(d) The lessee of the property shall be allowed to sublease all or a portion of such property under the terms and conditions agreed to by the Mississippi Development Authority.
(3) All lease and rental monies from the lease authorized in this section shall be deposited into a special fund, which is created in the State Treasury. Monies in the special fund shall be disbursed by the Department of Finance and Administration, to the State Board of Education, for the sole benefit of the Mississippi School for the Blind and the Mississippi School for the Deaf. Unexpended amounts remaining in the special fund at the end of a fiscal year shall not lapse into the State General Fund, and any interest earned on amounts in the special fund shall be deposited to the credit of the special fund.
(4) Oil, gas and mineral rights in the property shall be reserved to the State of Mississippi, and no provision of the lease may provide otherwise.
(5) Nothing in this section shall be construed to authorize the sale or transfer of title to the property described in subsection (1).
(6) There is created a legislative advisory committee to consult with the Mississippi Development Authority with regard to the property known as the "Old School for the Blind." Prior to the final selection of a developer and prior to the adoption of a final development plan the Mississippi Development Authority shall meet with the advisory committee to make a presentation and offer its recommendations. The advisory committee shall be composed of the following members:
(a) The respective chairmen of the Public Property Committees and Education Committees of the House of Representatives and the Senate;
(b) One (1) member of the House of Representatives, to be appointed by the Speaker of the House; and
(c) One (1) member of the Senate, to be appointed by the Lieutenant Governor.
The respective chairmen of the House and Senate Public Property Committees shall serve as cochairmen of the committee. All members of the advisory committee shall be notified by the cochairmen in writing of all meetings, such notices to be mailed at least five (5) days prior to the date on which a meeting is to be held. Members of the committee shall be paid from the contingent expense funds of their respective houses in the same manner as provided for committee meetings when the Legislature is not in session.
SECTION 2. This act shall take effect and be in force from and after its passage.
