| 1 | 1 | | By: Howard, Bonnen (Senate Sponsor - Kolkhorst) H.B. No. 4025 |
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| 2 | 2 | | (In the Senate - Received from the House May 10, 2023; |
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| 3 | 3 | | May 11, 2023, read first time and referred to Committee on Business & |
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| 4 | 4 | | Commerce; May 22, 2023, reported favorably by the following vote: |
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| 5 | 5 | | Yeas 10, Nays 0; May 22, 2023, sent to printer.) |
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| 6 | 6 | | Click here to see the committee vote |
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| 7 | 7 | | |
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| 8 | 8 | | |
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| 9 | 9 | | A BILL TO BE ENTITLED |
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| 10 | 10 | | AN ACT |
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| 11 | 11 | | relating to authorizing the sale by the State of Texas of certain |
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| 12 | 12 | | real property located in Austin, Texas. |
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| 13 | 13 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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| 14 | 14 | | SECTION 1. (a) As soon as practicable after the effective |
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| 15 | 15 | | date of this Act, the General Land Office shall offer to sell the |
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| 16 | 16 | | real property described by Section 2 of this Act under the terms |
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| 17 | 17 | | provided by this section. |
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| 18 | 18 | | (b) The General Land Office shall negotiate and close a |
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| 19 | 19 | | transaction under this section under Section 31.158, Natural |
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| 20 | 20 | | Resources Code. Proceeds from the transaction shall be deposited |
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| 21 | 21 | | in the general revenue fund. |
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| 22 | 22 | | (c) The sale of the real property described by Subdivision |
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| 23 | 23 | | (1) of Section 2 of this Act shall be contingent upon the |
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| 24 | 24 | | construction and occupation of an alternative state records |
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| 25 | 25 | | facility that replaces the facility being operated on the real |
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| 26 | 26 | | property by the Texas State Library and Archives Commission on the |
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| 27 | 27 | | effective date of this Act. |
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| 28 | 28 | | SECTION 2. The real property held by the State of Texas is |
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| 29 | 29 | | situated in Travis County, Texas, and more particularly described |
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| 30 | 30 | | as follows: |
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| 31 | 31 | | (1) 20.3127 acres, more or less, located at 4400 Shoal |
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| 32 | 32 | | Creek Boulevard in Austin, Travis County, Texas, and having a legal |
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| 33 | 33 | | description of ABS 697 SUR 7 SPEAR G W ACR 20.3127; and |
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| 34 | 34 | | (2) 7.5 acres of a 66 acre tract, more or less, located |
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| 35 | 35 | | at 909 W. 45th Street in Austin, Travis County, Texas, and having a |
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| 36 | 36 | | legal description of ALL OF OLT 80&82 DIVISION D. |
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| 37 | 37 | | SECTION 3. This Act takes effect September 1, 2023. |
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| 38 | 38 | | * * * * * |
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