This bill authorizes the state administrative board to convey state-owned real property located in Kent County, specifically at 345 Northland Drive, NE, in the city of Rockford. The property, which consists of approximately 0.586 acres and includes various lots from the Wolverine Addition, is currently under the jurisdiction of the department of state police. The bill outlines the conditions for the conveyance, including the requirement for a fair market value appraisal, the responsibilities of the department of state police for maintaining the property until the transfer, and the approval of the deed by the department of attorney general. The bill also specifies that the net revenue from the sale must be deposited into the state treasury and credited to the general fund.

Additionally, the bill provides various methods for the conveyance of the property, including competitive sale, transfer to local governments, or trading for other real property. It imposes restrictions on the use of the property, mandating that it be used exclusively for public purposes for a specified number of years after the conveyance. The bill also reserves certain rights for the state, such as the right to reenter the property if the new use is inconsistent with the established restrictions. Furthermore, it ensures that any oil, gas, or mineral rights developed on the property will require the purchaser to pay a portion of the revenue to the state.