By:  Rangel                                            H.B. No. 622
       73R540 CAG-D
                                 A BILL TO BE ENTITLED
    1-1                                AN ACT
    1-2  relating to the conveyance of property from a county to Texas A&I
    1-3  University Foundation, Inc.
    1-4        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-5        SECTION 1.  Subchapter B, Chapter 263, Local Government Code,
    1-6  is amended by adding Section 263.055 to read as follows:
    1-7        Sec. 263.055.  CONVEYANCE OF PROPERTY FROM COUNTY TO TEXAS
    1-8  A&I UNIVERSITY FOUNDATION, INC.  (a)  A county may convey surplus
    1-9  personal or real property of the county at a private sale to Texas
   1-10  A&I University Foundation, Inc., for any fair consideration
   1-11  approved by the commissioners court of the county.
   1-12        (b)  Property conveyed under this section must be used for
   1-13  higher education purposes in the county that conveyed the property.
   1-14  If, at any time after the date a conveyance of real property is
   1-15  executed under this section the real property is used for a purpose
   1-16  other than a higher education purpose, ownership of the property
   1-17  reverts to the county that conveyed the property.
   1-18        (c)  For a conveyance under this section to be effective, the
   1-19  commissioners court must authorize the conveyance by an order
   1-20  entered in its minutes.  The order must:
   1-21              (1)  describe the property to be conveyed;
   1-22              (2)  state the consideration to be paid; and
   1-23              (3)  direct the county judge of the county to execute
   1-24  in the name of the county a conveyance to Texas A&I University
    2-1  Foundation, Inc., and to promptly make the conveyance on payment of
    2-2  the consideration to the appropriate officer of the county.
    2-3        (d)  An instrument of conveyance executed by the county judge
    2-4  must be in the form and contain the covenants and warranties
    2-5  prescribed by the commissioners court.
    2-6        SECTION 2.  The importance of this legislation and the
    2-7  crowded condition of the calendars in both houses create an
    2-8  emergency and an imperative public necessity that the
    2-9  constitutional rule requiring bills to be read on three several
   2-10  days in each house be suspended, and this rule is hereby suspended,
   2-11  and that this Act take effect and be in force from and after its
   2-12  passage, and it is so enacted.