House Bill No. [insert bill number] proposes the enactment of R.S. 41:909, which grants the Tensas Parish School Board the authority to sell or exchange certain school lands, including sixteenth section lands and indemnity lands, if deemed unnecessary for school purposes. The bill stipulates that the school board must determine that such actions are in the best interest of the Tensas Parish school system. Additionally, the bill mandates that an appraisal of the land be conducted by a certified appraiser, with the appraisal made available for public inspection.
Furthermore, the bill requires that any land exchanged must have a total consideration that is equal to or greater than the value of the land being relinquished. It also ensures that all mineral rights and interests are reserved to the state as required by law. This legislation aims to streamline the process for the Tensas Parish School Board to manage its property assets effectively while ensuring transparency and fairness in land transactions.