This bill pertains to the conveyance of specific real property in Miami County, Kansas, to the city of Osawatomie for economic development purposes. It mandates that the Secretary for Aging and Disability Services and the city of Osawatomie execute and record an amendment to the original deed, which will extend the reversionary interest of the state of Kansas in the property to July 1, 2046. The bill amends K.S.A. 75-3369a, which outlines the details of the property being conveyed, including its legal description and the conditions under which the property will revert to the state if not used for economic development by July 1, 2026.

Additionally, the bill repeals the existing section of K.S.A. 75-3369a, effectively replacing it with the new provisions outlined in the bill. The conveyance will not be subject to certain existing statutes, and the deed may be executed as either a warranty deed or a quitclaim deed, as determined to be in the best interest of the state. The act will take effect upon its publication in the statute book.

Statutes affected:
As introduced: 75-3369a