Texas Education Code - Section 85.25. Lands And Mineral Interests
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§ 85.25. LANDS AND MINERAL INTERESTS. (a) The board is
vested with the sole and exclusive management and control of lands
and mineral interests under its jurisdiction and that may be
acquired by it.
(b) The board may grant, sell, lease, or otherwise dispose
of the lands and mineral interests under its jurisdiction that do
not comprise any portion of the original main campus of Texas A&M
University to other units or agencies of government, or to any
individual, group of individuals, corporation, or other entity
under terms and conditions it deems best in the public interest.
(c)(1) Except as authorized by existing law, any grant, sale,
or lease of the surface estate of the original main campus property
must be approved by Act of the legislature.
(2) The board is hereby authorized to grant The Former
Students Association of Texas A&M University a lease of surface
area not to exceed five acres on the original main campus for use by
said association to construct and occupy a building for use
consistent with the association's stated purposes.
(3) The board is further authorized to grant to the
Texas A&M Foundation a lease of surface area not to exceed five
acres on the original main campus for use by the foundation to
construct and occupy a building for use consistent with the
foundation's stated purposes.
(4) The board is authorized to enter into an
agreement, including a ground lease, for construction of an office,
laboratory, and classroom building to be funded by a donor, on a
site not to exceed five acres on the original main campus. The
agreement shall provide that title to the building shall be
transferred to the board upon completion.
(d) For the purposes of this section, the original main
campus of Texas A&M University comprises that certain 748 acres,
more or less, bounded by Texas Avenue, George Bush Drive, Wellborn
Road, and University Drive in College Station, Texas.
(e) Proceeds received from the grant, sale, lease, or other
disposition of surface interests covered by this section may be
retained in local funds subject to disposition by the board for any
lawful purpose.
(f) This section is cumulative of existing statutes
relating to the authority of the board to lease for oil, gas,
sulphur, mineral ore, and other mineral developments, and otherwise
to buy, sell, and lease certain lands under its jurisdiction and
supervision.
(g) This section does not cover any lands or minerals held
by the general land office.
Acts 1971, 62nd Leg., p. 3194, ch. 1024, art. 1, § 1, eff. Sept.
1, 1971. Amended by Acts 1983, 68th Leg., p. 851, ch. 198, § 1,
eff. Aug. 29, 1983; Acts 1991, 72nd Leg., ch. 338, § 1, eff. Aug.
26, 1991; Acts 2005, 79th Leg., ch. 462, § 1, eff. June 17, 2005.
Section: 85.16 85.17 85.18 85.21 85.22 85.23 85.24 85.25 85.26 85.27 85.28 85.29 85.30 85.31 85.32
Last modified: August 10, 2007
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