Enrolled Bill Summary

            In 1995, the Texas Legislature required the governing boards of the Texas State Technical College System (TSTCS) and Amarillo College to enter into an agreement arranging for a 20-year lease of parts of the system's Amarillo campus to the Amarillo College governing board. House Bill 1011 provides for the transfer of ownership of that campus to Amarillo College. The bill requires the TSTCS board of regents to enter into an agreement with the Amarillo College board of regents to transfer governance, operation, management, and control of the campus as well as ownership of the land and campus structures, equipment, and supplies to Amarillo College in exchange for an agreement by the college to use the property in a manner that promotes a public purpose. The transfer instrument must stipulate that the ownership of the property reverts to TSTCS if the college at any time fails to use the property for a public purpose. The bill validates real property leases entered into by the TSTCS board of regents on behalf of the campus and provides that in those leases the college's board of regents is substituted for the system's board of regents.