Authorizes the village of Clayton, county of Jefferson to transfer and convey certain parklands to Dean Hyde in exchange for certain lands owned by Dean Hyde

BILL NUMBER:S5735B

Purpose or general idea of bill

This bill will allow the village of Clayton in Jefferson County to transfer its interest in certain lands to Dean Hyde in exchange for land owned by Dean Hyde which will be used as part of the village's riverwalk project.

Summary of specific provisions

Section 1: The village of Clayton, county of Jefferson, is hereby authorized to discontinue its use of the lands described in section two of this act which are no longer needed for park purposes and to convey its interest in the real property to Dean Hyde in exchange for the lands described in section three of this act which are owned by Dean Hyde and are of equal or greater value than the lands described in section two of this act; provided, however, that the lands described in section three of this act shall be used as part of the village of Clayton's riverwalk project and shall be dedicated parkland.

Section Two: Provides that in the event that the lands described in 4 of this act which are to be dedicated as replacement parkland are not of equal to or greater than the fair market value of the parkland to be discontinued, the village of Clayton shall dedicate the difference between the fair market value of the lands to be alienated and the parkland to be dedicated toward acquisition of additional parkland and/or capital improvement to existing parkland.

Section Three: Describes the lands owned by the village of Clayton to be alienated.

Section Four: Describes the lands owned by Dean Hyde to serve as replacement parkland

Section Five: In the event that the village of Clayton received any funding support or assistance from the federal government for the purchase, maintenance, or improvement of the parklands described in section two of this act, the discontinuance and alienation of such parkland authorized by the provisions of this act shall not occur until the Village of Clayton has complied with any federal requirements pertaining to the alienation or conversion of such parklands, including satisfying the secretary of the interior that the alienation or conversion complies with all conditions which the secretary of interior deems necessary to assure the substitution of other lands shall be equivalent in fair market value and usefulness to the lands being alienated or converted.

Section Six: Provides the effective date.

Justification

A small, inland portion of parkland in the village of Clayton will be exchanged for a portion of waterfront land, allowing for the Clayton Riverwalk (a public walkway) to continue through the park and along the shoreline. The land exchange will swap a currently unused portion

of the park for a waterfront piece or property that will allow public access to the water

Prior legislative history

New bill.

Fiscal implications

None to the state.

Effective date

This act shall take effect immediately