House Bill No. [insert number] authorizes the state administrative board to convey state-owned real property located in Kent County, specifically at 345 Northland Drive, NE, Rockford. The property, which consists of approximately 0.586 acres, 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 and the responsibilities of the Department of State Police for maintaining the property until the transfer. 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 includes provisions for how the property can be sold or transferred, including options for competitive sale, local government offers, and potential trades for other real estate. It mandates that if the property is sold for less than fair market value to a local government, it must be used exclusively for public purposes for 30 years, with specific conditions regarding future sales and the state's right to reacquire the property. The bill also reserves certain rights to the state regarding aboriginal antiquities and ensures that any historical designations of the property are maintained. The act is set to take immediate effect upon approval.