Bill > SB71

This bill authorizes the commissioner of administration to transfer specific state-owned property in Lafayette Parish to the Lafayette Public Trust Financing Authority, excluding any mineral rights associated with the land. The bill provides detailed descriptions of the parcels of land involved, referencing official property maps and surveys related to state projects like the I-10 Connector and I-49 in Lafayette Parish. The commissioner is empowered to enter into necessary agreements and execute documents to finalize this transfer, with the understanding that the exchange will be for consideration proportionate to the property's appraised value. The bill also outlines the effective date, which depends on the governor's signature or the legislative process for bills becoming law without a signature.

Agriculture and Natural Resources

https://www.legis.la.gov/legis/BillInfo.aspx?s=26rs&b=SB71&sbi=y