| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | ||
| 2 | 2 | ||
| 3 | 3 | LCO No. 1428 1 of 1 | |
| 4 | 4 | ||
| 5 | 5 | General Assembly Proposed Bill No. 548 | |
| 6 | 6 | January Session, 2025 | |
| 7 | 7 | LCO No. 1428 | |
| 8 | 8 | ||
| 9 | 9 | ||
| 10 | 10 | Referred to Committee on GOVERNMENT OVERSIGHT | |
| 11 | 11 | ||
| 12 | 12 | ||
| 13 | 13 | Introduced by: | |
| 14 | 14 | SEN. HWANG, 28th Dist. | |
| 15 | 15 | ||
| 16 | 16 | ||
| 17 | 17 | ||
| 18 | 18 | AN ACT AMENDING A CONVEYANCE OF A PARCEL OF LAND TO | |
| 19 | 19 | THE CATHERINE VIOLET HUBBARD FOUNDATION, INC. | |
| 20 | 20 | Be it enacted by the Senate and House of Representatives in General | |
| 21 | 21 | Assembly convened: | |
| 22 | 22 | ||
| 23 | 23 | That special act 14-13 be amended to permit the Catherine Violet 1 | |
| 24 | 24 | Hubbard Foundation, Inc. to (1) lease the conveyed parcel, (2) commit a 2 | |
| 25 | 25 | portion or all of said parcel as security for a loan for the construction of 3 | |
| 26 | 26 | an educational barn and the future construction of the main facility and 4 | |
| 27 | 27 | veterinary intake facility on the parcel, and (3) agree to subject the parcel 5 | |
| 28 | 28 | to foreclosure if the foundation should default on its loan. 6 | |
| 29 | 29 | Statement of Purpose: | |
| 30 | 30 | To amend the prior conveyance of land to the Catherine Violet Hubbard | |
| 31 | 31 | Foundation, Inc. to permit leasing of the parcel and permit the parcel to | |
| 32 | 32 | be used as security for a loan and subjected to potential foreclosure, in | |
| 33 | 33 | order to enable the foundation to secure a loan. |