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HB 1708, 63rd Regular Session
Authorizing the sale by the School Land Board at public auction, with reservation of minerals, of the state's right, title, and interest in certain submerged and unsubmerged lands, commonly called "Cayo del Oso Tract C", in Nueces County to either the City of Corpus Christi or Nueces County under certain conditions; preserving all settlements of boundary conflicts heretofore made by judgment or otherwise by the City of Corpus Christi and other parties; providing for improvement of such lands by the successful bidder or its assigns as a condition of any reconveyance within not more than 20 years after date of confirmation of sale hereunder, with reverter to the state of portions thereof not so improved within said 20 years, except portions devoted to channels, canals, and waterways; prescribing certain terms and conditions for reconveyances of all or any part of such lands for cash consideration by the successful bidder; providing a saving clause; and declaring an emergency.
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