Mississippi SB 2643: Capers Avenue property; authorize DFA to transfer to the Hinds County Board of Supervisors.

Bill Text

SB2643 (As Introduced) - 2018 Regular Session 

MISSISSIPPI LEGISLATURE

2018 Regular Session

To: Public Property; Accountability, Efficiency, 
Transparency

By: Senator(s) Horhn

Senate Bill 2643

AN ACT TO AMEND CHAPTER 480, GENERAL LAWS OF 2014, TO 
AUTHORIZE THE DEPARTMENT OF FINANCE AND ADMINISTRATION TO TRANSFER AND CONVEY 
CERTAIN REAL PROPERTY LOCATED WITHIN HINDS COUNTY, MISSISSIPPI, TO THE HINDS 
COUNTY BOARD OF SUPERVISORS; AND FOR RELATED PURPOSES.

���� BE IT ENACTED BY THE 
LEGISLATURE OF THE STATE OF MISSISSIPPI:

���� SECTION 1.� Chapter 
480, General Laws of 2014, is amended as follows:

���� Section 1.� (1)� The 
Department of Finance and Administration is authorized to transfer and convey without 
cost certain real property * * *that to the Hinds County Board of 
Supervisors.� The property is located on Capers Avenue in the City of 
Jackson, Hinds County, Mississippi, and is more particularly described as 
follows:

Starting at the 
concrete monument that is the SW corner of the SE 1/2 of the SW 1/2 of Section 
33, T6N-R1E in the First Judicial District of Hinds County, Mississippi, and 
being also within the corporate limits of the City of Jackson, run thence due 
East along the line between Section 33, T6N-R1E and Section 4, T5N-R1E for a 
distance of 1138.85 feet to a concrete monument of the south right-of-way line 
of the Illinois Central Railroad, the point of beginning.

Run thence S 42 
degrees-03� E along said South right-of-way line of the Illinois Central Railroad 
for a distance of 134.45 feet to a concrete monument of the line between the 
land being described herein and Battle Hill Subdivision of the City of Jackson; 
run thence S 31 degrees-51� W along said line between the land being described 
herein and Battle Hill Subdivision of the City of Jackson for a distance of 
430.48 feet to a point on the north line of Capers Avenue (Extended) as said 
avenue is now laid out and dedicated in the City of Jackson, Hinds County, 
Mississippi; run thence N 54 degrees-09� W along said north line of Capers 
Avenue (Extended) for a distance of 873.53 feet to the P.C. of a curve to the 
right with a radius (arc) of 536.19 feet; run thence along said curve and said 
north line of Capers Avenue (Extended) for a distance of 493.56 feet to the 
P.T. of said curve; run thence due north along the east line of Capers Avenue 
(Extended) for a distance of 478.86 feet to the P.C. of a curve to the right 
with a radius (arc) of 321.77 feet; run thence along said curve and said east 
line of Capers Avenue (Extended) for a distance of 176.59 feet to a point on 
the south right-of-way line of the Illinois Central Railroad; run thence S 42 
degrees-01' 21" E along said South right-of-way line of the Illinois 
Central Railroad for a distance of 1661.56 feet to the point of beginning.� All 
of the above described land being situated in the SE 1/4 of the SW 1/4 of 
Section 33, T6N-R1E and the NE 1/4 of the NW 1/4 of Section 4, T5N-R1E in the 
First Judicial District of Hinds County, Mississippi, and being wholly within 
the corporate limits of the City of Jackson and containing 18.35 acres, more or 
less.

 * * * (2)� (a)� If sold, the real property and the improvements 
thereon described in subsection (1) of this section shall be sold for not less 
than the current fair market value as determined by the average of at least two 
(2) appraisals by qualified appraisers, one (1) of which shall be selected by 
the Department of Finance and Administration, and both of whom shall be 
certified and licensed by the Mississippi Real Estate Appraiser Licensing and 
Certification Board.

� (b)� 
If the real property described in subsection (1) of this section is unable to 
be sold, the Department of Finance and Administration may conduct a public 
auction to dispose of such property.� Upon a determination by the department 
that the property cannot be sold by bid at appraised value, the department 
shall thereafter publish notice of public auction in some newspaper of general 
circulation in the state for at least three (3) consecutive weeks after which 
the department can sell the property at public auction to the highest bidder.

���� ( * * *32)� The state shall retain all mineral 
rights * * *in to 
the property described in subsection (1) of this section.

���� ( * * *43)� The Department of Finance and 
Administration is vested with the authority to correct any discrepancies in the 
legal description of the property described in subsection (1) of this section.

 * * *(5)� All monies derived from the sale of the property 
described in subsection (1) of this section shall be deposited into a special 
fund created in the State Treasury for the use and benefit of the Mississippi 
Department of Mental Health.� Unexpended amounts remaining in the special fund 
at the end of the fiscal year shall not lapse into the State General Fund, and 
any interest earned on the amounts in the special fund shall be deposited to