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Senate Bill 811 |
Senate Author: Duncan |
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Effective: 5-19-09 |
House Sponsor: Darby |
Senate Bill 811 amends the Education Code to authorize the Texas Tech University System board of regents to transfer title to the real property and improvements of the San Angelo Museum of Fine Arts to a nonprofit organization if, before transferring title, the board complies with public notice and meeting requirements; the board determines that the transfer will serve the interests of the university and the public and, at the time of the transfer, the university does not require the entirety of the real property or improvements for educational purposes; and the nonprofit organization to which the transfer is proposed to be made has demonstrated to the board's satisfaction that the organization intends to continue to use the real property and improvements for public purposes and to keep the museum open to the public on a frequent and regular basis. The bill requires the chair of the board of regents, in order to make the transfer, to execute a deed transferring title to the real property and improvements of the museum to the nonprofit organization and requires the deed to cite the board's authorization to make the transfer and to provide that title to the real property and improvements revert to the Texas Tech University System if the nonprofit organization discontinues using the real property or improvements for public purposes as required by the deed or executes a document that purports to convey title.