Louisiana 2022 2022 Regular Session

Louisiana House Bill HB525 Enrolled / Bill

                    ENROLLED
2022 Regular Session
HOUSE BILL NO. 525
BY REPRESENTATIVE MCCORMICK
1	AN ACT
2 To authorize and provide for the transfer of certain state property; to authorize the transfer
3 of certain state property in Caddo Parish; to provide for property descriptions; to
4 provide for the reservation of mineral rights; to provide terms and conditions; to
5 provide for termination of authority; to provide for an effective date; and to provide
6 for related matters.
7 Be it enacted by the Legislature of Louisiana:
8 Section 1.  The commissioner of administration through the office of state lands,
9 notwithstanding any other provision of law to the contrary, is hereby authorized and
10 empowered to convey, transfer, assign, lease, or deliver any interest, excluding mineral
11 rights, the state may have in and to all or any portion of the following described property in
12 Caddo Parish to Walter Frank Ward, Sr.:
13	A portion of the dried bed of Caddo Lake, lying below the contour line to the
14	current mean high water mark, lying adjacent and in front of the following
15	described property:
16	That certain tract containing 4.98 acres, being more particularly described in
17	that certain Cash Sale Deed dated August 26, 1997, recorded in Conveyance
18	Book 3200, page 97, under Registry No. 1572585, in the Records of Caddo
19	Parish, Louisiana
20 Section 2.  The commissioner of administration through the office of state lands is
21 hereby authorized to enter into such agreements, covenants, conditions, and stipulations and
22 to execute such documents as necessary to properly effectuate any conveyance, transfer,
23 assignment, lease, or delivery of any interest, excluding mineral rights, to the property
24 described in Section 1 of this Act, and as more specifically described in any such agreements
25 entered into and documents executed by and between the commissioner of administration
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1 and Walter Frank Ward, Sr., in exchange for consideration proportionate to the appraised
2 value of the property.
3 Section 3.  If an agreement authorized by this Act is not entered into by December
4 31, 2023, the office of state lands is authorized to proceed with a sale of the property
5 described in this Act in accordance with the procedures set forth in Title 41 of the Louisiana
6 Revised Statutes of 1950.
7 Section 4.  This Act shall become effective upon signature by the governor or, if not
8 signed by the governor, upon expiration of the time for bills to become law without signature
9 by the governor, as provided by Article III, Section 18 of the Constitution of Louisiana.  If
10 vetoed by the governor and subsequently approved by the legislature, this Act shall become
11 effective on the day following such approval.
SPEAKER OF THE HOUSE OF REPRESENTATIVES
PRESIDENT OF THE SENATE
GOVERNOR OF THE STATE OF LOUISIANA
APPROVED:  
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