This bill authorizes the state administrative board to convey state-owned property in Tuscola County to the Tuscola Area Airport Authority under specific conditions. The property, which is approximately 36.92 acres, is to be sold for $1.00 and must be used exclusively for public purposes, such as government administration, law enforcement, public education, and recreational areas. The bill outlines that any fees or conditions imposed on public use must apply equally to all members of the public. Additionally, the conveyance will not reserve oil, gas, or mineral rights, but if any such resources are developed, the state will receive half of the gross revenue generated.
The bill also stipulates that the net revenue from the sale, after deducting costs associated with the sale, will be deposited into the state treasury and credited to the general fund. The Department of Technology, Management, and Budget is tasked with managing the conveyance, while the Department of Health and Human Services is responsible for maintaining the property until the transfer is complete. The bill includes provisions for the state to reclaim the property if the conditions of use are violated, ensuring that the property is preserved for its intended public purposes.