By Jones of Lubbock H.B. No. 1858 A BILL TO BE ENTITLED 1-1 AN ACT 1-2 relating to the transfer of property interests owned in fee or used 1-3 by easement from a political subdivision to one or more abutting 1-4 property owners who own the underlying fee simple. 1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-6 SECTION 1. Subsection (b) of Section 272.001 of the Local 1-7 Government Code is amended to read as follows: 1-8 (b) The notice and bidding requirements of Subsection (a) do 1-9 not apply to the types of land and real property interests 1-10 described by this subsection and owned by a political subdivision. 1-11 The land and those interests described by this subsection may not 1-12 be conveyed, sold, or exchanged for less than the fair market value 1-13 of the land or interest unless the conveyance, sale or exchange is 1-14 with one or more abutting property owners who own the underlying 1-15 fee simple. The fair market value is determined by an appraisal 1-16 obtained by the political subdivision that owns the land or 1-17 interest, and the appraisal is conclusive of the fair market value 1-18 of the land or interest. This subsection applies to: 1-19 (1) narrow strips of land, or land that because of its 1-20 shape or small area cannot be used independently under its current 1-21 zoning or under applicable subdivision or other development control 1-22 ordinances; 1-23 (2) streets or alleys, owned in fee or used by 2-1 easement; 2-2 (3) an easement for which one or more abutting 2-3 property owners own the underlying fee simple; 2-4 (4) land or a real property interest originally 2-5 acquired for streets, rights-of-way, or easements that the 2-6 political subdivision chooses to exchange for other land to be used 2-7 for streets, rights-of-way, or easements, including transactions 2-8 partly for cash; 2-9 (5) land that the political subdivision wants to have 2-10 developed by contract with an independent foundation; 2-11 (6) a real property interest conveyed to a 2-12 governmental entity that has the power of eminent domain; or 2-13 (7) a municipality's land that is located in a 2-14 reinvestment zone designated as provided by law and that the 2-15 municipality desires to have developed under a project plan adopted 2-16 by the municipality for the zone. 2-17 SECTION 2. The importance of this legislation and the 2-18 crowded condition of the calendars in both houses create an 2-19 emergency and an imperative public necessity that the 2-20 constitutional rule requiring bills to be read on three several 2-21 days in each house be suspended, and this rule is hereby suspended.