HOUSE BILL No. 5181 October 10, 2001, Introduced by Rep. Allen and referred to the Committee on Regulatory Reform. A bill to authorize the state administrative board to convey certain property in Grand Traverse county; to prescribe condi- tions for the conveyance; and to provide for disposition of the revenue from the conveyance. THE PEOPLE OF THE STATE OF MICHIGAN ENACT: 1 Sec. 1. The state administrative board, on behalf of the 2 state, may convey to Traverse City area public schools, for con- 3 sideration of $1.00, certain state owned property located in 4 Grand Traverse county, Michigan, and more particularly described 5 as: 6 North 25 feet of Lots 15-21 Block 7 7 Perry Hannah's 4th addition 8 And: 9 North 25 feet of Lots 1-7 Block 12 02452'01 DRM 2 1 Hannah's 5th addition 2 Sec. 2. The conveyance authorized by this act shall provide 3 for both of the following: 4 (a) That the property shall be used exclusively for public 5 recreational or educational purposes, and that upon termination 6 of that use or use for any other purpose, the state may reenter 7 and repossess the property, terminating the grantee's estate in 8 the property. 9 (b) That if the grantee disputes the state's exercise of its 10 right of reentry and fails to promptly deliver possession of the 11 property to the state, the attorney general, on behalf of the 12 state, may bring an action to quiet title to, and regain posses- 13 sion of, the property. 14 Sec. 3. The description of the parcel in section 1 is 15 approximate and for purposes of the conveyance is subject to 16 adjustment as the state administrative board or attorney general 17 considers necessary by survey or other legal description. 18 Sec. 4. The conveyance authorized by this act shall be by 19 quitclaim deed approved by the attorney general and shall not 20 reserve mineral rights to the state. 21 Sec. 5. The revenue received under this act shall be depos- 22 ited in the state treasury and credited to the general fund. 02452'01 Final page. DRM