MISSISSIPPI LEGISLATURE

1998 Regular Session

To: Public Buildings, Grounds and Lands; Appropriations

By: Representative Stribling

AN ACT TO AUTHORIZE THE DEPARTMENT OF FINANCE AND ADMINISTRATION, TO PURCHASE CERTAIN REAL PROPERTY LOCATED IN THE CITY OF JACKSON, HINDS COUNTY, MISSISSIPPI; AND FOR RELATED PURPOSES. 

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:

SECTION 1. (1) The Department of Finance and Administration, upon meeting the requirements of Section 29-1-1, may purchase certain real property located in the City of Jackson, Hinds County, Mississippi, the property being described as follows on the books and records of the Hinds County Tax Assessors Office:

Tax Parcel Number 34-5

Tax Parcel Number 34-6

Tax Parcel Number 34-7

Tax Parcel Number 34-8

Tax Parcel Number 34-9

Tax Parcel Number 34-10

Tax Parcel Number 34-11

Tax Parcel Number 34-12

Tax Parcel Number 34-13-1

Tax Parcel Number 34-13-2

(2) Before the Department of Finance and Administration may purchase the real property described in subsection (1) of this section, the fair market value of the real estate shall be determined by averaging at least three (3) appraisals done by Mississippi certified general appraisers. The cost of the appraisals shall be paid for by the department out of any monies appropriated for such purposes by the Legislature or any monies derived from other sources.

(3) The Department of Finance and Administration may obtain abstracts and surveys and engage the services of attorneys to conduct the transaction described in this section. The department may obtain title insurance on the real estate if it determines that the best interest of the department would be served.

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