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Senate Bill 1670 |
Senate Author: Nichols |
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Effective: 6-19-09 |
House Sponsor: Otto |
Senate Bill 1670 requires, not later than September 30, 2009, the Texas Department of Transportation (TxDOT) to transfer to Polk County the real property described by the bill, and requires the county, on the effective date of the transfer, to reimburse TxDOT for TxDOT's actual costs to acquire the property or, if TxDOT cannot determine that amount, an amount as prescribed by the bill. The bill requires the money received by TxDOT to be deposited in the state highway fund and used in the TxDOT district in which the property is located. The bill requires the instrument of transfer to provide that Polk County may use the property only for a purpose that benefits the public interest of Texas, or, if the county uses the property for any other purpose, the county must pay to TxDOT an amount equal to the fair market value of the property on the date the county begins using the property for that other purpose, less the amount the county paid to TxDOT under the bill's provisions.