Senate Bill 2568

(As Passed the Senate)

AN ACT TO AMEND CHAPTER 333, LAWS OF 1999, TO EXTEND THE DATE BY WHICH THE DEPARTMENT OF FINANCE AND ADMINISTRATION IS DIRECTED TO SELL AND CONVEY TO BELHAVEN COLLEGE CERTAIN PARCELS OF PROPERTY FRONTING THE NORTH SIDE OF RIVERSIDE DRIVE AND THE SOUTH SIDE OF WOODROW WILSON AVENUE IN JACKSON, MISSISSIPPI; AND FOR RELATED PURPOSES.

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

SECTION 1. Chapter 333, Laws of 1999, is amended as follows:

Section 1. (1) The Department of Finance and Administration, upon meeting the requirements of Section 29-1-1, shall sell and convey to Belhaven College two (2) parcels of property fronting the north side of Riverside Drive in Jackson, Hinds County, Mississippi, and the south side of Woodrow Wilson Avenue in Jackson, Hinds County, Mississippi, and lying north and east and northwest of the property owned by the Salvation Army, the property being more particularly described as follows:

Parcel A

A certain parcel of land being situated in the Northwest 1/4 of the Northeast 1/4 of Section 35, T6N-R1E, City of Jackson, Hinds County, Mississippi, and being more particularly described as follows:

Commence at an iron pin marking the Point of Intersection of the North right-of-way line of Riverside Drive with the East right-of-way line of Murrah Drive (as both are now laid out and improved); run thence North 89 degrees 47 minutes 20 seconds East along said North right-of-way line of Riverside Drive for a distance of 700.00 feet to the Southwest corner of a 5.964 acre tract of land (Belhaven College); leaving said North right-of-way line of Riverside Drive, run thence North 00 degrees 09 minutes 00 seconds West along the West line of said 5.964 acre tract for a distance of 650.00 feet to the Northwest corner thereof; run thence North 89 degrees 47 minutes 20 seconds East along the North line of said 5.964 acre tract for a distance of 40.68 feet to a set 1/2" iron pin being the POINT OF BEGINNING of the parcel of land herein described; from said POINT OF BEGINNING and leaving said North line of a 5.964 acre tract, run thence North 30 degrees 25 minutes 33 seconds East for a distance of 334.09 feet to a set 1/2" iron pin on the South right-of-way line of Woodrow Wilson Drive (Interstate Highway 55, Ramp "D", Project I-IF-55-2(31)96); run thence South 78 degrees 57 minutes 13 seconds East along said South right-of-way line of Woodrow Wilson Drive for a distance of 45.46 feet to a set 1/2" iron pin being the Point of Curvature of a 9.56412 degree curve bearing to the right having a central angle of 14 degrees 32 minutes 19 seconds and a radius of 599.07 feet; run thence along said South right-of-way line of Woodrow Wilson Drive and along the arc of said curve an arc length of 152.01 feet; said curve having a chord bearing of South 71 degrees 44 minutes 16 seconds East and a chord distance of 151.60 feet to an existing 1/2" iron pin marking the Northeast corner of a 10.707 acre tract of land (Belhaven College); leaving said South right-of-way line of Woodrow Wilson Drive and the arc of said curve, run thence South 00 degrees 12 minutes 40 seconds East along the West line of said 10.707 acre tract for a distance of 230.54 feet to an existing 1/2" iron pin marking the Northwest corner of the aforesaid 5.964 acre tract of land; run thence South 89 degrees 47 minutes 20 seconds West along the North line of said 5.964 acre tract for a distance of 358.63 feet to the POINT OF BEGINNING, containing 1.703 acres, more or less.

Parcel B

A certain parcel of land being situated in the North 1/2 of the Northeast 1/4 of Section 35, T6N-R1E, City of Jackson, Hinds County, Mississippi, and being more particularly described as follows:

Commence at an existing iron pin marking the Point of Intersection of the North right-of-way line of Riverside Drive with the East right-of-way line of Murrah Drive (as both are now laid out and improved); run thence North 89 degrees 47 minutes 20 seconds East along said North right-of-way line of Riverside Drive for a distance of 1,476.70 feet to the Southeast corner of the Salvation Army property as described in deed recorded in Deed Book 2076 at Page 490 in the office of the Chancery Clerk of Hinds County at Jackson, Mississippi; said point further being the POINT OF BEGINNING of the parcel of land herein described; from said POINT OF BEGINNING and leaving said North right-of-way line of Riverside Drive, run thence North 00 degrees 12 minutes 40 seconds West along the East line of said Salvation Army property for a distance of 500.00 feet to the Northeast corner thereof; leaving said East line of the Salvation Army property, run thence South 89 degrees 47 minutes 20 seconds West along the North line of said Salvation Army property for a distance of 375.00 feet to the Northwest corner thereof; leaving said North line of the Salvation Army property, run thence North 00 degrees 12 minutes 40 seconds West for a distance of 380.59 feet to a point on the South right-of-way line of Woodrow Wilson Avenue (according to the plans for Federal Aid Project Number I-IG-55-2(31)(96); said point also being on the arc of a 9.56412 degree curve bearing to the right having a central angle of 11 degrees 28 minutes 50 seconds and a radius of 599.07 feet; run thence along the arc of said 9.56412 degree curve bearing to the left an arc length of 120.04 feet; said curve having a chord bearing of South 58 degrees 44 minutes 38 seconds East and a chord distance of 119.84 feet to the Point of Tangency of said curve; run thence South 53 degrees 00 minutes 11 seconds East for a distance of 400.06 feet; run thence South 55 degrees 03 minutes 09 seconds East for a distance of 157.78 feet to the Point of Curvature of a 7.24163 degree curve bearing to the left having a central angle of 12 degrees 57 minutes 59 seconds and a radius of 791.20 feet; run thence along the said 7.24163 degree curve bearing to the left arc length of 179.05 feet; said curve having a chord bearing of South 65 degrees 29 minutes 11 seconds East and a chord distance of 178.67 feet to the Point of Tangency of said curve; run thence South 75 degrees 55 minutes 12 seconds East for a distance of 157.78 feet; run thence South 77 degrees 58 minutes 10 seconds East for a distance of 166.56 feet; run thence South 74 degrees 57 minutes 08 seconds East for a distance of 187.53 feet; run thence South 35 degrees 48 minutes 13 seconds East for a distance of 235.88 feet; run thence south 43 degrees 11 minutes 54 seconds East for a distance of 130.00 feet to the Point of Intersection of said South right-of-way line of Woodrow Wilson Avenue with the aforesaid North right-of-way line of Riverside Drive; leaving said South right-of-way line of Woodrow Wilson Avenue, run thence South 89 degrees 47 minutes 20 seconds West along said North right-of-way line of Riverside Drive for a distance of 1,059.64 feet to the POINT OF BEGINNING, containing 10.707 acres, more or less.

The Department of Finance and Administration may have the parcels of property surveyed in order to determine the specific legal description, but the total property conveyed shall not exceed thirteen (13) acres. It is expressly provided that Belhaven College shall have seven (7) years from the date of this act to purchase all or part of the property * * *.

(2) The real property described in subsection (1) of this section shall be sold for not less than the current fair market value as determined by the averaging of at least two (2) appraisals by qualified appraisers who shall be selected by the Department of Finance and Administration and shall be certified and licensed by the Mississippi Real Estate Appraiser Licensing and Certification Board.

(3) Any funds received by the State of Mississippi for the conveyance of the real property described in subsection (1) of this section shall be deposited into the State General Fund.

(4) The State of Mississippi shall retain all mineral rights to the real property sold pursuant to this section.

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