88R25310 KBB-F
 
  By: Howard, Bonnen H.B. No. 4025
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to authorizing the sale by the State of Texas of certain
  real property located in Austin, Texas.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  (a)  As soon as practicable after the effective
  date of this Act, the General Land Office shall offer to sell the
  real property described by Section 2 of this Act under the terms
  provided by this section.
         (b)  The General Land Office shall negotiate and close a
  transaction under this section under Section 31.158, Natural
  Resources Code.  Proceeds from the transaction shall be deposited
  in the general revenue fund.
         (c)  The sale of the real property described by Subdivision
  (1) of Section 2 of this Act shall be contingent upon the
  construction and occupation of an alternative state records
  facility that replaces the facility being operated on the real
  property by the Texas State Library and Archives Commission on the
  effective date of this Act.
         SECTION 2.  The real property held by the State of Texas is
  situated in Travis County, Texas, and more particularly described
  as follows:
               (1)  20.3127 acres, more or less, located at 4400 Shoal
  Creek Boulevard in Austin, Travis County, Texas, and having a legal
  description of ABS 697 SUR 7 SPEAR G W ACR 20.3127; and
               (2)  7.5 acres of a 66 acre tract, more or less, located
  at 909 W. 45th Street in Austin, Travis County, Texas, and having a
  legal description of ALL OF OLT 80&82 DIVISION D.
         SECTION 3.  This Act takes effect September 1, 2023.