This bill authorizes the state board of regents to sell specific real properties on behalf of Kansas State University. The first property is located at 9706 Mockingbird Drive in Omaha, Nebraska, and the second is the Unger complex in Manhattan, Kansas. The bill outlines the legal descriptions of both properties and stipulates that the conveyance of these properties must be executed by the board's chairperson and executive officer. Proceeds from the sales will be deposited into designated restricted fees funds for the respective university centers.
Additionally, the bill mandates that all deeds, titles, and conveyances must be reviewed and approved by the attorney general before any sale can be finalized. It also allows the board to correct any inaccuracies in the legal descriptions of the properties, provided that the corrected deeds are still subject to attorney general approval. Notably, the conveyances authorized by this bill are exempt from certain provisions of existing law, specifically K.S.A. 75-3043a and 75-6609. The act will take effect upon its publication in the Kansas register.