By Dukes H.B. No. 2949
76R12447 PAM-F
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to the transfer of certain state property from the General
1-3 Services Commission to the Austin Revitalization Authority.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. (a) The General Services Commission may convey,
1-6 on behalf of the state, the state's interest in the real property
1-7 described by Subsection (f) of this section to the Austin
1-8 Revitalization Authority.
1-9 (b) Consideration for the conveyance authorized by this
1-10 section must be in cash in an amount equal to the fair market value
1-11 of the property as established by an independent appraisal obtained
1-12 by the General Services Commission. The purchase and sale
1-13 agreement relating to the conveyance must provide for the closing
1-14 to occur at the mutual convenience of the parties and may require
1-15 other terms negotiated by the General Services Commission and the
1-16 Austin Revitalization Authority.
1-17 (c) The General Services Commission may transfer the real
1-18 property only by a special warranty deed.
1-19 (d) Sections 31.158 and 31.159, Natural Resources Code, do
1-20 not apply to the conveyance authorized by this section.
1-21 (e) The General Services Commission shall deposit the
1-22 proceeds from the conveyance authorized by this section to the
1-23 credit of the General Services Commission account. The General
1-24 Services Commission account is an account in the general revenue
2-1 fund that may be appropriated only to the General Services
2-2 Commission.
2-3 (f) The real property to which Subsection (a) of this
2-4 section refers is described as follows:
2-5 ALL OF THAT CERTAIN TRACT OR PARCEL OF LAND BEING A
2-6 PORTION OF THE SUBDIVISION OF OUTLOT NO. 55 IN DIVISION
2-7 B IN THE CITY OF AUSTIN, TRAVIS COUNTY, TEXAS, PLATTED
2-8 MAY 7, 1875 BY DIRECTION OF GEORGE L. ROBERTSON,
2-9 RECORDED IN VOL. Z, PG. 599 OF THE DEED OF RECORDS OF
2-10 TRAVIS COUNTY, TEXAS, SAID TRACT BEING THAT CERTAIN
2-11 TRACT DESCRIBED IN DEED CONVEYED TO J. C. RUBY AND JOE
2-12 M. TEAGUE, DATED FEB. 27, 1962 RECORDED IN VOL. 2416,
2-13 PG. 172 OF THE TRAVIS COUNTY DEED RECORDS, AND BEING
2-14 MORE PARTICULARLY DESCRIBED BY METES AND BOUNDS AS
2-15 FOLLOWS:
2-16 BEGINNING at an iron disk found for an angle point of the
2-17 east ROW line of Interregional Highway FOR A POINT OF REFERENCE;
2-18 THENCE N 18 degrees 47' 00" E, 21.04' with the east ROW line
2-19 of Interregional Highway to an iron rod set for the southwest
2-20 corner of said tract FOR THE POINT OF BEGINNING;
2-21 THENCE N 18 degrees 47' 00" E, 330.86' with the east ROW line
2-22 of Interregional Highway to an iron rod set for the northwest
2-23 corner of said tract;
2-24 THENCE N 80 degrees 30' 00" E, 229.30' with the south ROW
2-25 line of East 12th St. and the north line of said tract to an iron
2-26 rod set;
2-27 THENCE S 01 degrees 45' 00" W, 318.70' with the west ROW line
3-1 of Branch St. same being the east line of said tract to an iron
3-2 rod set for and angle point;
3-3 THENCE S 24 degrees 16' 00" W, 44.93' with the west ROW line
3-4 of Branch St. same being the east line of said tract to an iron
3-5 rod set for the southeast corner of said tract;
3-6 THENCE N 88 degrees 25' 00" W, 304.61' with the north line of
3-7 Parcel A and the South line of Parcel I, as recorded in Vol. 3793
3-8 Pg. 1043 in the deed records of Travis County, Texas to the POINT
3-9 OF BEGINNING, and containing in all 2.09 acres of land, more or
3-10 less.
3-11 SECTION 2. This Act takes effect September 1, 1999.
3-12 SECTION 3. The importance of this legislation and the
3-13 crowded condition of the calendars in both houses create an
3-14 emergency and an imperative public necessity that the
3-15 constitutional rule requiring bills to be read on three several
3-16 days in each house be suspended, and this rule is hereby suspended.