By: Raymond H.B. No. 2468 A BILL TO BE ENTITLED AN ACT relating to the transfer of certain state real property from the Texas Department of Transportation to the City of Laredo. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. (a) Subject to Section 2 of this Act, the Texas Department of Transportation shall transfer by appropriate instrument of transfer to the City of Laredo the real property described by Section 3 of this Act. (b) Before the transfer of a parcel of real property described by Section 3 of this Act is made, a survey of the parcel may be conducted by or under the direction of the General Land Office. (c) The City of Laredo must use the real property described by Section 3 of this Act to primarily promote a public purpose of the state by enhancing tourism and providing recreation and civic improvement. SECTION 2. (a) Ownership of the property automatically reverts to the State of Texas: (1) on request of the Texas Department of Transportation; or (2) if the City of Laredo: (A) fails to promote a public purpose of the state as described by Section 1(c) of this Act; or (B) sells all or any part of the property. (b) The state reserves: (1) the state's interest in all oil, gas, and other minerals in and under the real property described by Section 3 of this Act; (2) the state's right to remove from the real property described by Section 3 of this Act any oil, gas, and other minerals in and under the real property; and (3) the state's right to grant a lease held by the state before a conveyance of real property described by Section 3 of this Act relating to the removal of oil, gas, and other minerals in and under the real property. (c) Sections 31.1571 and 31.158, Natural Resources Code, do not apply to the transfer of real property authorized by this Act. SECTION 3. The real property held by the Texas Department of Transportation, which are remainder properties from the expansion and extension of Interstate Highway 35, which said four remnant tracts within the corporate limits of the City of Laredo and bounded on the north by Victoria Street; bounded on the east by Santa Ursula Avenue; bounded on the south by Hidalgo Street; and bounded on the west by San Dario Avenue, and are more particularly described as follows: Tract 1 (North most tract) bounded on north by Victoria Street; on the east by Santa Ursula Avenue; bounded on the south by Houston Street and bounded on the west by San Dario Avenue. Tract 2 bounded on the north by Houston Street; on the east by Santa Ursula Avenue; on the south by Matamoros Street and on the west by San Dario Avenue. Tract 3 bounded on the north by Matamoros Street, on the east by Santa Ursula Avenue; on the south by Farragut Street and on the west by San Dario Avenue. Tract 4 (Southernmost tract) bounded on the north by Matamoros Street, on the east by Santa Ursula Avenue on the south by Hidalgo Street and on the west by San Dario Avenue. SECTION 4. This Act takes effect immediately if it receives a vote of two-thirds of all the members elected to each house, as provided by Section 39, Article III, Texas Constitution. If this Act does not receive the vote necessary for immediate effect, this Act takes effect September 1, 2015.