Adopted
COMMITTEE AMENDMENT NO 1 PROPOSED TO
Senate Bill No. 2893
BY: Committee
Amend by striking all after the enacting clause and inserting in lieu thereof the following:
SECTION 1. (1) Jackson State University, with the approval of the Board of Trustees of State Institutions of Higher Learning, is authorized to enter into a ground lease, management and maintenance agreement, or an agreement to lease or sell part of its real property owned by the University's foundation, to a private entity, its successors and assigns, related to the ownership, leasing, renovating development, construction, furnishing, maintenance and equipping of facilities by the private entity for the housing of Jackson State University students, faculty, staff and visitors within such facilities and/or other commercial development on property located within and outside the campus of Jackson State University in the City of Jackson, Hinds County, Mississippi. Any ground lease, management and maintenance agreement authorized under this act shall not exceed a term of forty (40) years. The properties that shall be subject to an agreement authorized under this act are, more particularly described as follows:
Parcel No. Owner Location Legal Description
143-43 Jackson State West Pascagoula BEG IN E 1/2 LOT 9
Univ Dev Street CLIFTON EST SY BEG
Foundation INT S/L PASCAGOULA
ST & W/L CLIFTON
ST W 665.8 FT TO POB
W 34 FT S 131.5 FT
SW/LY 4.4 FT S 38.9
FT E 32 FT NE/LY 35
FT N 38.5 FT E
143-43-1 Jackson State West Pascagoula 4 FT N 93 FT TO POB
Univ Dev Street PT LOT 9 CLIFTON EST
Foundation SY 60.33 FT S/S PEARL
ST X 210 FT N & S BEG
202.17 FT W OF NE COR
LOT 19 IN LOG 19
144-112 Jackson State 824 Canal ALL LOT 33 & PT LOT
Univ Dev Street 34 BLK C BEARDS RE SY
Foundation BEG SW COR LOT 35 BLK
C BEARDS RESY N 84 FT
E 71.2 FT S 81.9 FT W
69.3 FT TO POB BEING
144-112-1 Jackson State 834 Canal ALL LOT 35 & PT LOT
Univ Dev Street 34 BLK C BEARDS
Foundation RE SY
144-120 Jackson State LOT 9 BLK D
University BEARDS RE SY
Development
Holdings LLC
144-20 Jackson State 803 West LOT 1 BLK 17 OLIN
Univ Dev Pearl SURVEY LESS 5 FT OFF
Foundation Street W/SIDE 44 FT E/S LOT
2 & 5 FT OFF W/SIDE
LOT 1 BLK
144-21 Jackson State West Pearl 17 OLIN SURVEY
Univ Dev Street BEG NW COR LOT 2 BLK
Foundation 17 OLIN SY E 56 FT S
104.5 FT W 56 FT N
104.5 FT TO POB PT
LOT 2 BLK
144-22-1 Jackson State 815 West 17 OLIN SY
Univ Dev Pearl BEG NW COR BLK 17
Foundation Street OLIN SY E 135.6 FT S
104.6 FT E 67.9 FT S
104.5 FT W 124 FT N
139.4 FT W 13.8 FT N
10 FT W 71.3 FT N 60
FT TO POB PT LOT 4 &
PT LOT 3 BLK 17
OLIN SY
144-23-1 Jackson State 821 West LOT 3 BLK 17 OLIN SY
Univ Dev Pearl BEG 119.6 FT S INT
Foundation Street E/L POINDEXTER ST &
S/L PEARL ST E 85 FT
S 41.6 FT W 85 FT N
41.6 FT
144-23-2 Jackson State 514 Poindexter TO POB PT LOT 4 BLK
Univ Dev Street 17 OLIN SY BEG 60 FT
Foundation S NW COR BLK 17 OLIN
SY E 71.3 FT S 10 FT
E 13.8 FT S 50 FT W
85 FT N 59.6 FT
144-23-3 Jackson State 508 Poindexter TO POB PT LOT 4 BLK
Univ Dev Street 17 OLIN SY BEG SW COR
Foundation LOT 4 OLIN SY N 47.8
FT E 85 FT S
144-25 Jackson State 827 Deterly 100 FT S END W 1/2
Univ Dev Alley LOT 6 BLK 17 OLIN
Foundation SURVEY
144-27 Jackson State 826 West BLK 17 OLIN SY 40
Univ Dev Pascagoula FT E & W X 90 FT N &
Foundation Street S BEG 15 FT W OF NE
144-28-1 Jackson State 821 Dudleys COR LOT 7 BLK 17 OLIN
Univ Dev Alley SURVEY 48 FT E & W X
Foundation 94 FT N & S MID PT S
1/2 LOT 7
144-30 Jackson State Dudleys SURVEY 50 FT E & W X
Univ Dev Alley 100 FT N & S IN SE
Foundation COR LOT 8
144-36 Jackson State 719 West 62.2 FT E/S LOT 3
Univ Dev Pearl BLK 18 OLIN
Foundation Street SURVEY
144-38 Jackson State West Pearl LOT 4 BLK 18
Univ Dev Street OLIN
Foundation SURVEY
144-39 Jackson State West E 1/2 LOT 6 BLK 18
Univ Dev Pascagoula OLIN SURVEY W 1/2
Foundation Street LOT 6 LESS 60 FT S
END BLK 18 OLIN SY
144-42-10 Jackson State West 40.5 FT W/S LOT 9
Univ Dev Pascagoula BLK B CHAPMAN SMYLIE
Foundation Street SUBN LOT 10 BLK B
CHAPMAN SMYLIE SUBN
LESS TO ST
144-42-2 Jackson State Minerva 20.4 FT S/S PEARL ST
Univ Dev Street X 53 ST N & S IN
Foundation NW COR
144-42-5 Jackson State Minerva LOT 5 BLK B CHAPMAN
Univ Dev Street SMYLIE SUB LESS
Foundation TO ST
144-42-8 Jackson State 426 Olin 48 FT S/S LOT 8 BLK B
Univ Dev Street CHAPMAN SMYLIE SUBN
Foundation 28 FT N/S LOT 8 BLK
B CHAPMAN SMYLIE SUBN
144-42-9 Jackson State Olin LOT 2 & 10 FT E & W
Univ Dev Street X 43.25 FT N & S E
Foundation OF & ADJ THIS LOT IN
LOT 5 BLK A BEARDS
RE SY
(2) The ownership of all property and any improvements and/or facilities thereon which are the subject of any management and maintenance agreement, lease agreement or other type of contract authorized in this act, if not already owned by Jackson State University, shall be transferred without cost to Jackson State University from the private entity at the conclusion of such agreement or other contract. The State of Mississippi shall retain all mineral rights to the real property leased and or sold under this section. The Department of Finance and Administration is authorized to correct any discrepancies in the property descriptions provided in this section.
SECTION 2. This act shall take effect and be in force from and after July 1, 2022, and shall stand repealed on June 30, 2022.
Further, amend by striking the title in its entirety and inserting in lieu thereof the following:
AN ACT TO AUTHORIZE JACKSON STATE UNIVERSITY TO ENTER INTO A GROUND LEASE, SALE, MANAGEMENT OR MAINTENANCE AGREEMENT WITH A PRIVATE ENTITY RELATED TO THE DEVELOPMENT OF LAND OWNED BY THE UNIVERSITY'S FOUNDATION; AND FOR RELATED PURPOSES.