HB5290 - Relating to the transfer of certain state property from the Texas Department of Transportation to the University of Houston.

  89R3765 RAL-D     By: Walle H.B. No. 5290       A BILL TO BE ENTITLED   AN ACT   relating to the transfer of certain state property from the Texas   Department of Transportation to the University of Houston.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  (a)  Not later than December 31, 2025, the Texas   Department of Transportation shall donate and transfer to the   University of Houston the real property described by Subsection (e)   of this section.          (b)  The University of Houston may use the property   transferred under this Act only for a purpose that benefits the   public interest of the state. If the University of Houston uses the   property for any purpose other than a purpose described by this   subsection, ownership of the property automatically reverts to the   Texas Department of Transportation.          (c)  The Texas Department of Transportation shall transfer   the property by an appropriate instrument of transfer. The   instrument of transfer must:                (1)  provide that:                      (A)  the University of Houston may use the   property only for a purpose that benefits the public interest of the   state; and                      (B)  ownership of the property will automatically   revert to the Texas Department of Transportation if the University   of Houston uses the property for any purpose other than a purpose   described by Paragraph (A) of this subdivision; and                (2)  describe the property to be transferred by metes   and bounds.          (d)  The Texas Department of Transportation shall retain   custody of the instrument of transfer after the instrument of   transfer is filed in the real property records of Fort Bend County.          (e)  The real property referred to in this section consists   of the following six tracts of land:   1  Parcel: P00074662 (S1)      Address of Property Owner: N/A      ROW CSJ: 0500-03-616      Owner: State of Texas      Property Address: West line of Milam Street, Houston, TX 77002      Property Location: West line of Milam Street, north of      Washington Avenue and south of Interstate Highway 10      Legal Description: 1.06 acres (46,067 square feet) tract being      out of North Side of Buffalo Bayou, Houston, Harris County,      Texas   2  Parcel: P00074663 (S2)      Address of Property Owner: N/A      ROW CSJ: 0500-03-616      Owner: State of Texas      Property Address: 0 Interstate Highway 10, Houston, TX 77002      Property Location: Northeast corner of Milam Street and Girard      Street      Legal Description: 2.40 acres (104,502 square feet) tract being      out of North Side of Buffalo Bayou, Houston, Harris County,      Texas   3  Parcel: P00074664 (S3)      Address of Property Owner: N/A      ROW CSJ: 0500-03-616      Owner: State of Texas      Property Address: West line of North Main Street, Houston, TX      77002      Property Location: West line of North Main Street at Wood      Street      Legal Description: 1.22 acres (53,245 square feet) tract being      out of North Side of Buffalo Bayou, Houston, Harris County,      Texas   4  Parcel: P00074665 (S4)      Address of Property Owner: N/A      ROW CSJ: 0500-08-002      Owner: State of Texas      Property Address: 0 Interstate Highway 10, Houston, TX 77002      Property Location: Northeast corner of North Main Street and      Wood Street      Legal Description: 0.91 acre (39,557 square feet) tract being      out of North Side of Buffalo Bayou, Houston, Harris County,      Texas   5  Parcel: P00074666 (S5)      Address of Property Owner: N/A      ROW CSJ: 0500-08-002      Owner: State of Texas      Property Address: 0 Interstate Highway 10, Houston, TX 77002      Property Location: Northwest corner of Rothwell Street and      North San Jacinto Street      Legal Description: 0.84 acre (36,680 square feet) tract being      out of North Side of Buffalo Bayou, Houston, Harris County,      Texas   6  Parcel: P00074667 (S6)      Address of Property Owner: N/A      ROW CSJ: 0500-08-002      Owner: State of Texas      Property Address: 0 Interstate Highway 10, Houston, TX 77002      Property Location: Northeast corner of Rothwell Street and      North San Jacinto Street      Legal Description: 5.16 acres (224,610 square feet) tract being      out of North Side of Buffalo Bayou, Houston, Harris County,      Texas          SECTION 2.  This Act takes effect September 1, 2025.