Kansas Statutes 76-12c11. Same; release of obligation to convey property to state; sale, lease or other disposition
Notwithstanding any provision to the contrary in Kan. Stat. Ann. § 76-12c10, and amendments thereto, the occupational center of central Kansas, inc., is hereby released from any obligation to deed or convey to the state of Kansas any part of the property acquired by quitclaim deed dated October 4, 1969, and recorded in the office of the register of deeds, Saline county, Kansas, Deed Book 284, pages 346-348, between the state of Kansas, grantor, and the occupational center of central Kansas, inc., grantee, described as follows: The east 668.5 feet of block 8 of Schilling Subdivision to the City of Salina, Saline County, Kansas, more particularly described as follows: Beginning at a point 255.29 feet west and 48.11 feet north of the southeast corner of section 34, township 14 south, range 3 west of the 6th principal meridian in Saline County, Kansas; thence north on a line parallel to the centerline of Centennial Road, a distance of 642 feet; thence west, on a line perpendicular to the centerline of Centennial Road, a distance of 668.5 feet; thence south, on a line parallel to the centerline of Centennial Road, a distance of 642 feet; thence east, on a line parallel to the north line of said tract, a distance of 668.5 feet to the point of beginning; the same containing approximately 9.852 acres of land and the buildings and improvements thereon.
The occupational center of central Kansas, inc., is hereby authorized to amend its articles of incorporation to remove any provision that the property described in this section shall be deeded to the state of Kansas in the event that such corporation should dissolve or discontinue the activities for which it was originally incorporated. A copy of the articles of incorporation of the occupational center of central Kansas, inc., showing such amendment may be recorded in the office of the register of deeds of Saline county, Kansas. The occupational center of central Kansas, inc., is further hereby authorized to resell, lease, mortgage or otherwise dispose of such property, and any improvements thereon, or any part thereof at such time and in such manner as the occupational center of central Kansas, inc., may determine.
Terms Used In Kansas Statutes 76-12c11
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Deed: is a pplied to an instrument conveying lands but does not imply a sealed instrument. See Kansas Statutes 77-201
- Grantor: The person who establishes a trust and places property into it.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
- Property: includes personal and real property. See Kansas Statutes 77-201
- road: include public bridges and may be construed to be equivalent to "county way" "county road" "common road" "state road" and "territorial road. See Kansas Statutes 77-201
- State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See Kansas Statutes 77-201