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2007 SESSION

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HB 2642 Subaqueous land; Marine Resources Commission to convey certain S&S Marine Supply in Hampton.

Introduced by: Thomas D. Gear | all patrons    ...    notes | add to my profiles

SUMMARY AS ENACTED WITH GOVERNOR'S RECOMMENDATION: (all summaries)

Conveyance of state-owned bottomlands in Hampton.  Authorizes the Marine Resources Commission to convey three parcels of state-owned bottomlands consisting of 1,200 square feet, 10,900 square feet, and 22,400 square feet to private parties. The grantees shall compensate the Commonwealth in an amount equal to 25% of the assessed value of the land being conveyed, unless the Marine Resources Commission were to determine that unique circumstances warrant compensation in an amount less than 25% of the assessed value. The terms and conditions of the conveyance shall be approved by the Governor and the conveyance shall be in a form approved by the Attorney General. This bill is identical to SB 1367</p>

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