HB2427 is a bill that mandates the Arizona Historical Society to transfer ownership of certain properties to the City of Yuma. Specifically, the properties include the Sanguinetti House Museum and Gardens, the Jack Mellon House located at 240 South Madison Avenue, and the Molina Block located at 272 Madison Avenue in Yuma, Arizona. The President of the Historical Society is required to deliver a properly signed and recorded deed or patent to the City of Yuma within 15 days after the bill's effective date.

The bill stipulates that the transferred land and buildings must be used by the City of Yuma for public purposes indefinitely and cannot be sold, exchanged, or bartered. This act represents a change from the current law, which does not include the specific requirement for the conveyance of these properties to the City of Yuma for perpetual public use.

Statutes affected:
Introduced Version: 45-462