Bill > HB4090

This bill establishes a legal framework for the transfer of approximately 96.14 acres of state-owned property in Detroit, formerly the site of the Mound and Ryan Correctional Facilities. The bill first defines key terms like "fair market value" and "public use," and then provides the State Administrative Board the authority to convey the property, with the City of Detroit having the first right to purchase the land for $1.00 within two years of the act's effective date. If the city does not purchase, the Department of Technology, Management, and Budget can sell the property through various methods, including competitive bidding, public auction, real estate brokerage services, or negotiated value-for-value exchanges. Any sale must prioritize obtaining the best value for the state, which may include considering economic impacts like job creation or capital investment. The bill includes specific conditions for sales to local governments, such as requiring the property to be used exclusively for public purposes and giving the state a right of first refusal if the local government later wants to sell the property. Additionally, the state reserves the right to reclaim the property if its use violates the specified restrictions, and it retains rights to aboriginal antiquities and potential future oil, gas, or mineral revenues. Any net proceeds from the sale will be deposited into the state's general fund.

Government Affairs

https://legislature.mi.gov/Bills/Bill?ObjectName=2025-HB-4090