HLS 10RS-1525 ORIGINAL Page 1 of 2 Regular Session, 2010 HOUSE BILL NO. 862 BY REPRESENTATIVE CORTEZ TRANSPORTATION DEPT: Authorizes DOTD to convey surplus, property to the city of Lafayette AN ACT1 To authorize and provide for the transfer or lease of certain state property in Lafayette Parish2 to the Lafayette Parish Consolidated Government from the Department of3 Transportation and Development and division of administration; and to provide for4 related matters.5 Be it enacted by the Legislature of Louisiana:6 Section 1. The secretary of the Department of Transportation and Development and7 commissioner of division of administration are hereby authorized, for and on behalf of the8 state of Louisiana, to convey, transfer, assign, sell and deliver all right, title, and interest the9 state may have in certain improvements, particularly the house locally known as the Khoury10 House, situated on SPN: 455-01-0034 Parcel No. ADV-18-P-1, located in Lafayette Parish11 to the Lafayette Parish Consolidated Government, said improvements are situated wholly12 or partially upon, a certain tract of land designated as:13 PARCEL ADV-18-P114 Those three (3) certain lots of ground situated in McComb Addition in the City of Lafayette,15 Louisiana, together with all buildings and improvements thereon, and according to a plat of16 survey of said addition on file in the Office of the Clerk of Court in and for the Parish of17 Lafayette, Louisiana, are known and designated as lots 18, 19, and 20 of Block 4, of said18 addition; said lots having uniform width of 25' and a depth in parallel lines of 125'; said lots19 are bounded northerly by Third Street, easterly by Chestnut Street, southerly by Lots Nos.20 15, 16, and 17 of said Block 4 and westerly by Lot 21 of said Block 4. Being the same21 property acquired by mortgagor by Act No. 583241 of the Records of Lafayette Parish. 22 Being all of vendor's property acquired by act recorded 11/16/05, in at file #05-51620 of the23 records of Lafayette, Parish, Louisiana. 24 HLS 10RS-1525 ORIGINAL HB NO. 862 Page 2 of 2 Section 2. The secretary of Department of Transportation and Development and1 commissioner of division of administration, on behalf of the state of Louisiana, are hereby2 authorized to enter into such agreements, covenants, conditions, and stipulations and to3 execute such documents as are necessary to properly effectuate any conveyance, transfer,4 assignment, lease, or delivery of the improvements, located on the property described in5 Section 1 herein, and as more specifically described in any such agreements entered into and6 documents executed by and between the secretary of Department of Transportation and7 Development and commissioner of division of administration and the Lafayette Parish8 Consolidated Government, in exchange of consideration proportionate to the market value9 of said improvements.10 Section 3. This Act shall become effective upon signature by the governor or, if not11 signed by the governor, upon expiration of the time for bills to become law without signature12 by the governor, as provided in Article III, Section 18 of the Constitution of Louisiana. If13 vetoed by the governor and subsequently approved by the legislature, this Act shall become14 effective on the day following such approval.15 DIGEST The digest printed below was prepared by House Legislative Services. It constitutes no part of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)] Cortez HB No. 862 Authorizes the transfer or lease of certain state property in Lafayette Parish from the Dept. of Transportation and Development and the division of administration to the Lafayette Parish Consolidated Government. Provides for the reservation of mineral rights to the state. Effective upon signature of governor or lapse of time for gubernatorial action.