S.B. No. 1160 AN ACT 1-1 relating to the authority of the Texas School for the Blind and 1-2 Visually Impaired to lease certain real property. 1-3 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-4 SECTION 1. Subchapter A, Chapter 11, Education Code, is 1-5 amended by adding Section 11.09 to read as follows: 1-6 Sec. 11.09. LEASE OF CERTAIN PROPERTY OF TEXAS SCHOOL FOR 1-7 THE BLIND AND VISUALLY IMPAIRED. (a) The Texas School for the 1-8 Blind and Visually Impaired may lease available real property on 1-9 the school's campus located at 1100 West 45th Street, Austin, 1-10 Travis County, to a private, nonprofit corporation that provides 1-11 print-handicapped persons with auditory materials. The lease must 1-12 provide that the corporation must use the property for those 1-13 services. 1-14 (b) In determining the fair market consideration for the 1-15 lease, actual benefits to be received by the school, the school's 1-16 students, and the blind and visually impaired community in the 1-17 state may be considered. 1-18 (c) The asset management division of the General Land Office 1-19 shall negotiate the terms of the lease, determine the most suitable 1-20 location for the lease, and close the transaction on behalf of the 1-21 school as provided by Subchapter E, Chapter 31, Natural Resources 1-22 Code. The asset management division is not required to transact 1-23 the lease by sealed bid or public auction. 2-1 (d) Proceeds from the real estate transaction conducted 2-2 under this section shall be deposited to the credit of the general 2-3 revenue fund. 2-4 SECTION 2. The importance of this legislation and the 2-5 crowded condition of the calendars in both houses create an 2-6 emergency and an imperative public necessity that the 2-7 constitutional rule requiring bills to be read on three several 2-8 days in each house be suspended, and this rule is hereby suspended, 2-9 and that this Act take effect and be in force from and after its 2-10 passage, and it is so enacted.