Adopted

AMENDMENT NO 1 PROPOSED TO

House Bill No. 1150

BY: Senator(s) Flowers

     AMEND by striking lines 243 through 280 in their entirety, inserting in lieu thereof the following:

     (11)  (a)  In addition to such authority as is otherwise granted under this section, whenever the governing authority of a municipality finds and determines, by resolution duly and lawfully adopted and spread upon its official minutes, that any municipally owned real property acquired by the municipality by reason of a tax sale or by reason of the property being abandoned or blighted, (i) is not needed for municipal or related purposes and is not to be used in the operation of the municipality, (ii) that the sale of such property in the manner otherwise provided by law is not necessary or desirable for the financial welfare of the municipality, and (iii) that the use of such property for the purpose for which it is to be conveyed will promote and foster the development and improvement of the community in which it is located or the civic, social, educational, cultural, moral, economic or industrial welfare thereof, the governing authority of the municipality, in its discretion, may sell, lease, donate or otherwise convey such property to any person or legal entity without public notice, without having to advertise for and accept competitive bids and without appraisal, with or without consideration, and on such terms and conditions as the parties may agree.  All costs associated with the conveyance shall be paid by the person or entity to whom the conveyance is made.  Any deed or instrument of conveyance executed pursuant to the authority granted under this subsection shall contain a clause of reverter providing that the person or entity to whom the property is conveyed may hold title to such lands only so long as the property is used for the purposes for which it was conveyed, and that title shall revert to the municipality in the event of the cessation of such use for a period of two (2) years.  In any such deed or instrument of conveyance, the municipality shall retain all mineral rights that it owns, together with the right of ingress and egress to remove same.

          (b)  A municipality holding title to any lot measuring twenty-five (25) feet or less along the frontage line may divide that lot in half along a line running generally perpendicular to the frontage line and may convey each one-half (1/2) of that lot to the owners of the parcels laterally adjoining the municipally owned lot, subject to the requirements and conditions of this subsection (11).

     FURTHER, amend by renumbering subsequent subsections.