LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
74th Regular Session
April 10, 1995
TO: Honorable Robert M. Saunders, Chair IN RE: House Bill No. 1976
Committee on Land and Resource By: Janek
Management
House of Representatives
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on House Bill No.
1976 (Relating to the conveyance of certain state-owned real
property in Harris County to the city of Bellaire.) this office
has determined the following:
The bill would authorize the Department of Transportation to
convey, on behalf of the state, all interest of the state in
property developed by the City of Bellaire as a park. The bill
stipulates that the City of Bellaire would continue to use and
maintain the property as described by this Act as a public park.
The estimated fair market value of the property, based on
appraisal estimates from the Houston District of the Department
of Transportation, is $320,000.
Source: Legislative Budget Board
LBB Staff: JK, ML, DF