75R11071 SRC-F                           

         By Goolsby                                            H.B. No. 3515

         Substitute the following for H.B. No. 3515:

         By Jackson                                        C.S.H.B. No. 3515

                                A BILL TO BE ENTITLED

 1-1                                   AN ACT

 1-2     relating to the transfer, sale, or exchange of real property

 1-3     between the General Services Commission and the City of Austin.

 1-4           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:

 1-5           SECTION 1.  Section 2166.052, Government Code, is amended by

 1-6     adding Subsection (c) to read as follows:

 1-7           (c)  The commission may enter into a contract with the City

 1-8     of Austin to govern the transfer, sale, or exchange of real

 1-9     property and interests in real property, including the vacation of

1-10     street rights-of-way, easements, and other interests, as necessary

1-11     or advantageous to both parties.  The agreement may provide for the

1-12     transfer, sale, or exchange by one party in favor of the other for

1-13     a reasonable value established by the parties and may provide for a

1-14     transfer, sale, or exchange to be credited against future property

1-15     or interests to be transferred, sold, or exchanged between the

1-16     parties.  Section 272.001, Local Government Code, does not apply to

1-17     a transaction governed by this section.

1-18           SECTION 2.  The importance of this legislation and the

1-19     crowded condition of the calendars in both houses create an

1-20     emergency and an imperative public necessity that the

1-21     constitutional rule requiring bills to be read on three several

1-22     days in each house be suspended, and this rule is hereby suspended,

1-23     and that this Act take effect and be in force from and after its

1-24     passage, and it is so enacted.