1-1 By: Dunnam (Senate Sponsor - Sibley) H.B. No. 3387 1-2 (In the Senate - Received from the House May 7, 2001; 1-3 May 7, 2001, read first time and referred to Committee on Veteran 1-4 Affairs and Military Installations; May 10, 2001, reported 1-5 favorably by the following vote: Yeas 4, Nays 0; May 10, 2001, 1-6 sent to printer.) 1-7 A BILL TO BE ENTITLED 1-8 AN ACT 1-9 relating to the disposition of public property in a defense 1-10 economic readjustment zone. 1-11 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: 1-12 SECTION 1. Section 2310.410, Government Code, is amended to 1-13 read as follows: 1-14 Sec. 2310.410. Disposition of Public Property in 1-15 Readjustment Zone. (a) After an area is designated as a 1-16 readjustment zone, the state, a municipality, or a county that owns 1-17 a surplus building (including any structure) or vacant land in the 1-18 zone may dispose of the building or land by: 1-19 (1) selling the building or land at a public auction; 1-20 (2) selling the building or land without notice or 1-21 bidding as provided by Subsection (d); or 1-22 (3) establishing an urban homestead program described 1-23 by Subsection (e). 1-24 (b) A municipality or county may sell a surplus building or 1-25 vacant land in the readjustment zone at less than fair market value 1-26 if the governing body of the municipality or county by ordinance or 1-27 order, as appropriate, adopts criteria that specify the conditions 1-28 and circumstances under which the sale may occur and the public 1-29 purpose to be achieved by the sale. A copy of the ordinance or 1-30 order must be filed with the department not later than the day on 1-31 which the sale occurs. 1-32 (c) If the surplus building or vacant land is sold at a 1-33 public auction, the building or land may be sold to a buyer who is 1-34 not the highest bidder if the criteria and public purpose specified 1-35 in the ordinance or order adopted under Subsection (b) are 1-36 satisfied. 1-37 (d) The surplus building or vacant land may be sold without 1-38 complying with notice or bidding requirements (including election 1-39 or voter approval requirements imposed by other law, if any) if the 1-40 criteria and public purpose specified in the ordinance or order 1-41 adopted under Subsection (b) are satisfied. 1-42 (e) An urban homestead program must provide that: 1-43 (1) the state, municipality, or county is to sell to 1-44 an individual a residence or part of a residence that it owns for 1-45 an amount not to exceed $100; 1-46 (2) as a condition of the sale, the individual must 1-47 agree by covenant in the deed conveying the residence to live in 1-48 the residence for at least seven years and to renovate or remodel 1-49 the residence to meet the level of maintenance stated in an 1-50 agreement between the individual and the governmental entity; and 1-51 (3) after the individual satisfies the seven-year 1-52 residency and property improvement requirements of the agreement, 1-53 the governmental entity shall assign the residence to the 1-54 individual. 1-55 SECTION 2. This Act takes effect September 1, 2001. 1-56 * * * * *