SLS 12RS-1734 ENGROSSED Page 1 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. Regular Session, 2012 SENATE BILL NO. 702 BY SENATOR HEITMEIER PUBLIC PROPERTY. Provides for the transfer of certain state property in Orleans Parish. (gov sig) AN ACT1 To authorize the Board of Supervisors of the Louisiana State University System and2 Agricultural and Mechanical College and LSU Health Sciences Center to transfer3 certain state property in Orleans Parish; to authorize the commissioner of4 administration to transfer certain state property in Orleans Parish; to provide for the5 property description; to provide for reservation of mineral rights; to provide terms6 and conditions; and to provide for related matters.7 Be it enacted by the Legislature of Louisiana:8 Section 1. The Board of Supervisors of the Louisiana State University System9 and Agricultural and Mechanical College and LSU Health Sciences Center,10 notwithstanding any other provision of law to the contrary, is hereby authorized and11 directed to transfer any interest the state may have to all or any portion of the12 following described parcel of property to the division of administration:13 17.22 acres with a physical address of 210 State Street, New Orleans, LA 7011814 and measuring 1,072' along Leake Avenue by 680' along State Street by 1024'15 along Tchoupitoulas Street by 773' along Henry Clay Avenure, situated in16 Section 13, Township 13 S-Range 11E in Orleans Parish, LA, together with all17 SB NO. 702 SLS 12RS-1734 ENGROSSED Page 2 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. improvements thereon.1 Section 2. The Board of Supervisors of Louisiana State University System and2 Agricultural and Mechanical College and LSU Health Sciences Center are hereby3 authorized to enter into such agreements, covenants, conditions, and stipulations and4 to execute such documents as necessary to properly effectuate any transfer to the5 property described in Section 1, and as more specifically described in any such6 agreements entered into and documents executed by and between the Board of7 Supervisors of Louisiana State University System and Agricultural and Mechanical8 College and LSU Health Sciences Center and the commissioner of administration.9 Section 3. The commissioner of administration, notwithstanding any other10 provision of law to the contrary, is hereby authorized and empowered to convey,11 transfer, assign, lease or deliver any interest, excluding mineral rights, the state may12 have to all of any portion of the parcel of property described in Section 1 to the13 Children's Hospital, New Orleans.14 Section 4. The commissioner of administration is hereby authorized to enter15 into such agreements, covenants, conditions, and stipulations and to execute such16 documents as necessary to properly effectuate any conveyance, transfer, assignment,17 lease, or delivery of title, excluding mineral rights, to the property described in Section18 1, and as more specifically described in any such agreements entered into and19 documents executed by and between the commissioner of administration and20 Children's Hospital, New Orleans, in exchange of consideration proportionate to at21 least the appraised value of the property.22 Section 5. This Act shall become effective upon signature by the governor or, if not23 signed by the governor, upon expiration of the time for bills to become law without signature24 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If25 vetoed by the governor and subsequently approved by the legislature, this Act shall become26 effective on the day following such approval.27 SB NO. 702 SLS 12RS-1734 ENGROSSED Page 3 of 3 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by McHenry Lee. DIGEST Heitmeier (SB 702) Authorizes the Board of Supervisors of the LSU and A&M College and LSU HSC to transfer certain state property in Orleans Parish to the division of administration. Authorizes the commissioner of administration to transfer certain state property in Orleans Parish to the Children's Hospital, New Orleans. Effective upon signature of the governor or lapse of time for gubernatorial action.