Session Law

Identifying Information:L. 2001 ch. 029
Other Identifying Information:2001 Senate Bill 196
Tax Type:Other
Brief Description:An Act authorizing the state board of regents to sell and convey certain tracts of real estate located in Riley county and in Nemaha county, Kansas, for and on behalf of Kansas state university and prescribing the deposition of the proceeds thereof.
Keywords:


Body:

CHAPTER 29

SENATE BILL No. 196


An Act authorizing the state board of regents to sell and convey certain tracts of real estate

located in Riley county and in Nemaha county, Kansas, for and on behalf of Kansas state

university and prescribing the deposition of the proceeds thereof.




Be it enacted by the Legislature of the State of Kansas:

Section 1. (a) The state board of regents is hereby authorized and

empowered, for and on behalf of Kansas state university of agriculture

and applied science, to sell and convey all of the rights, title and interest

in each of the following tracts of real estate, and any improvements

thereon:

(1) Tract No. 1 is located in Riley county, Kansas, and is more par-

ticularly described as: The Southwest Quarter of the Northwest Quarter

of Section 1, Township 10, Range 7, comprising 40 acres, more or less;

and

(2) Tract No. 2 is located in Nemaha county, Kansas, and is more

particularly described as: The Northeast Quarter of Section 34, Township

3, Range 14, comprising 160 acres, more or less.

(b) Conveyance of such rights, title and interest in such real estate,

and any improvements thereon, shall be executed in the name of the state

board of regents by its chairperson and executive officer. The deed for

such conveyance may be by warranty deed or by quitclaim deed as de-

termined to be in the best interests of the state by the state board of

regents in consultation with the attorney general. Any proceeds from the

sale of Tract No. 1 of such real estate, and any improvements thereon,

shall be deposited in the state treasury and credited to the college of

agriculture restricted use account of the restricted fees fund of Kansas

state university of agriculture and applied science to be used to purchase

land for agriculture research. Any proceeds from sale of Tract No. 2 of

such real estate, and any improvements thereon, shall be deposited in the

state treasury and credited to the appropriate account of the restricted

fees fund of Kansas state university of agriculture and applied science to

be used for student scholarships.

(c) No sale and conveyance of real estate and improvements thereon

as authorized by this section shall be made by the state board of regents

until the deeds and conveyances have been reviewed and approved by

the attorney general and, if a warranty deed is to be the instrument of

conveyance, a title review has been performed or title insurance has been

obtained and the title opinion or the certificate of title insurance, as the

case may be, has been approved by the attorney general.

Sec. 2. This act shall take effect and be in force from and after its

publication in the Kansas register.

Approved March 20, 2000.

Published in the Kansas Register March 29, 2000.


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Date Composed: 09/25/2001 Date Modified: 09/25/2001