By Dukes H.B. No. 2949
Line and page numbers may not match official copy.
Bill not drafted by TLC or Senate E&E.
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to authorizing the General Services Commission to convey
1-3 certain state-owned property to the Austin Revitalization
1-4 Authority.
1-5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-6 SECTION 1. (a) The General Services Commission may convey,
1-7 on behalf of the state, the state's interest in the real property
1-8 described by Subsection (e) of this section to the Austin
1-9 Revitalization Authority, a 501 (c) (3), non-profit organization
1-10 with involvement in efforts leading to designation of the East 11th
1-11 and 12th Street corridors as an Urban Renewal area and with primary
1-12 responsibility for implementation of the Community Redevelopment
1-13 Plan for the City of Austin.
1-14 (b) The purchase and sale agreement relating to the
1-15 conveyance authorized by this section shall be for:
1-16 (1) cash consideration in an amount no less than equal
1-17 to the fair market value of the property as established by an
1-18 independent appraisal obtained by the General Services Commission;
1-19 (2) closing to occur at the mutual convenience of the
1-20 parties; and
1-21 (3) may require other terms and conditions negotiated
2-1 by the General Services Commission and the Austin Revitalization
2-2 Authority.
2-3 (c) The General Services Commission may transfer the real
2-4 property only by a special warranty deed.
2-5 (d) Section 31.158, Natural Resources Code, does not apply
2-6 to the conveyance authorized by this section.
2-7 (e) The real property includes all of that certain tract or
2-8 parcel of land being a portion of the Subdivision of Outlot No. 55
2-9 in Division B in the City of Austin, Travis County, Texas, platted
2-10 May 7, 1875 by direction of George L. Robertson, recorded in
2-11 Volume Z, page 599 of the Deed Records of Travis County, Texas,
2-12 said tract being that certain tract described in Deed conveyed to
2-13 J. C. Ruby and Joe M. Teague, dated February 27, 1962, recorded in
2-14 Volume 2416, Page 172, of the Travis County Deed Records.
2-15 Beginning at an iron disk found for an angle point of the east row
2-16 line of Interregional Highway as a point of reference, the property
2-17 is described by metes and bounds as follows:
2-18 (1) N 18 degrees 47' 00" E, 21.04' with the east row
2-19 line of Interregional Highway to an iron rod set for the southwest
2-20 corner of said tract for a point of beginning;
2-21 (2) N 18 degrees 47' 00" E, 330.86' with the east row
2-22 line of Interregional Highway to an iron rod set for the northwest
2-23 corner of said tract;
2-24 (3) N 80 degrees 30' 00" E, 229.30' with the south row
2-25 line of East 12th Street and the north line of said tract to an
3-1 iron rod set;
3-2 (4) S 01 degrees 45' 00" W, 318.70" with the west row
3-3 line of Branch Street same being the east line of said tract to an
3-4 iron rod set for and angle point;
3-5 (5) S 24 degrees 16' 00" W, 44.93' with the west row
3-6 line of Branch Street same being the east line of said tract to an
3-7 iron rod set for the southeast corner of said tract; and
3-8 (6) N 88 degrees 25' 00" W, 304.61" with the north
3-9 line of Parcel A and the south line of Parcel I, as recorded in
3-10 Vol. 3793, pg. 1043 in the Deed Records of Travis County, Texas to
3-11 the point of beginning, and containing in all 2.09 acres of land,
3-12 more or less.
3-13 (f) The proceeds from the conveyance shall be deposited in
3-14 the state treasury and may be used by the General Services
3-15 Commission for any lawful purpose.
3-16 SECTION 2. This Act takes effect September 1, 1999.
3-17 SECTION 3. The importance of this legislation and the
3-18 crowded condition of the calendars in both houses create an
3-19 emergency and an imperative public necessity that the
3-20 constitutional rule requiring bills to be read on three several
3-21 days in each house be suspended, and this rule is hereby suspended.