HLS 14RS-2124 ENGROSSED Page 1 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. Regular Session, 2014 HOUSE BILL NO. 1081 BY REPRESENTATIVE STUART BISHOP PROPERTY/PUBLIC: Provides for the authority to transfer or lease certain state property in Lafayette Parish AN ACT1 To authorize and provide for the transfer of certain state property; to authorize the transfer2 of certain state property in Lafayette; to provide for the property description; to3 provide for reservation of mineral rights; to provide terms and conditions; to provide4 an effective date; and to provide for related matters.5 Be it enacted by the Legislature of Louisiana:6 Section 1. The president of the University of Louisiana System on behalf of the state7 of Louisiana, notwithstanding any other provision of law to the contrary, is hereby8 authorized and empowered to convey, sell, transfer, assign, lease, or deliver any and all9 interest, excluding mineral rights, the state may have to the following described property to10 any governmental entity or corporation:11 That certain tract or parcel of land, together with all buildings and12 improvements and the component parts thereof, with all rights, ways, privileges and13 servitudes thereunto appertaining, situated in Section 102, Township 8 South, Range14 4 East of the Parish of Lafayette, State of Louisiana, bounded on the North by15 property of Nita Gilbert or assigns, East by U.S. Highway 167, South by property of16 Walter Domingue or assigns, and West by property of Howard Thibodeaux or17 assigns. The property is more particularly described on that certain plat of survey18 dated January 21, 1971, prepared by Fred L. Colomb, depicting the property of Ray19 Gilbert of 3.72 acres, more or less, attached to act recorded under Entry No. 56935620 of the records of the Lafayette Parish Clerk of Court's Office.21 HLS 14RS-2124 ENGROSSED HB NO. 1081 Page 2 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. Section 2. The president of the University of Louisiana System, on behalf of the1 state of Louisiana, is hereby authorized to enter into such agreements, covenants, conditions,2 and stipulations and to execute such documents as are necessary to properly effectuate any3 conveyance, sale, transfer, assignment, or lease and delivery of title to the real property4 described in Section 1 herein, excluding, however, mineral rights, all of which as may be5 more specifically described in any such agreements entered into and documents executed6 by and between the president of the University of Louisiana System and any governmental7 entity or corporation, in exchange of consideration proportionate to the appraised value of8 the real property above described.9 Section 3. This Act shall become effective upon signature by the governor or, if not10 signed by the governor, upon expiration of the time for bills to become law without signature11 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana. If12 vetoed by the governor and subsequently approved by the legislature, this Act shall become13 effective on the day following such approval.14 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)] Stuart Bishop HB No. 1081 Authorizes the transfer, sale, exchange, or lease of certain state real property in Lafayette Parish to any governmental entity or corporation. Provides for the reservation of mineral rights to the state. Effective upon signature of governor or lapse of time for gubernatorial action.