126th General Assembly
(As Introduced)
Reps. Harwood, Carano, S. Patton, Law
BILL SUMMARY
· Authorizes the conveyance to Liberty Township of the state's interest in specified real estate in Trumbull County.
CONTENT AND OPERATION
The bill authorizes the Governor to execute a deed in the name of the state conveying to Liberty Township in Trumbull County, and its successors and assigns, all of the state's right, title, and interest in certain state-owned real estate in Trumbull County that the state originally conveyed to Liberty Township on August 29, 1978. That original deed was authorized by Sub. S.B. 324 of the 112th General Assembly, required, in accordance with that act, that the property be used solely for public purposes, and specified that, upon termination of the property being used solely for public purposes, all right, title, and interest in the property must revert to the state. (Sections 1 and 2.)
The conveyance authorized in the bill does not contain that condition or possibility of reverter. The consideration for the conveyance is the mutual benefit accruing to the state and Liberty Township by the use of the real estate for economic development by Liberty Township. (Sections 1 and 3.)
The bill specifies the procedures for the preparation, execution, and recording of the deed to the real estate within 30 days after the bill's effective date. The deed must state the consideration mentioned above. (Section 4.) And, the bill requires Liberty Township to pay the costs of the conveyance (Section 5).
The bill's authority expires one year after its effective date (Section 6).
HISTORY
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ACTION |
DATE |
JOURNAL ENTRY |
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Introduced |
03-16-05 |
p. 330 |
H0139-I-126.doc/jc