Property: conveyance of state property; transfer of certain state-owned property in Tuscola County; provide for. Creates land transfer act.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill authorizes the state administrative board to transfer state-owned property in Tuscola County to the Tuscola Area Airport Authority. It establishes a process for this transfer, defining key terms like ‘net revenue’ and ‘public use,’ and outlines conditions for the conveyance, including a requirement for the property to be used exclusively for public purposes. The bill also addresses revenue sharing and preservation of historical and cultural resources associated with the land.
Key provisions
- Defines ‘net revenue’ as the sale price minus costs associated with the sale.
- Specifies ‘public use’ for the property, including uses like public transportation, parks, and emergency management.
- Authorizes the state administrative board to convey property to the Tuscola Area Airport Authority via quitclaim deed.
- Offers the property to the airport authority for $1.00 for a period of two years.
- Requires the grantee (Tuscola Area Airport Authority) to pay half of gross revenue from oil, gas, or mineral development.
- Reserves aboriginal antiquities on the property for the state.
- Mandates the grantee to maintain the property for its historical purpose if it was previously used as a monument or park.
- Allows the state to re-enter and reclaim the property if conditions are violated.
Who is affected
- Tuscola Area Airport Authority
- State Administrative Board
Bill text
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Document of record
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- Senate Introduced Bill
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