76-456. Same; conveyance in name of board; appraisal; bids; deposit; sale, minimum price; proceeds to state general fund. The instruments of conveyance of the property authorized to be sold and conveyed in K.S.A. 76-455 shall be executed in the name of the state board of regents by its chairman and secretary. Before such sale shall be made, the board shall cause such mineral rights to be appraised by three (3) disinterested appraisers, which appraisement shall be in writing and filed with the secretary of the board, and said board shall advertise for sealed bids thereon for not less than thirty (30) days by publication in a newspaper of general circulation in Riley county, Kansas, authorized by law to publish legal notices. The sale shall be made to the highest responsible bidder, except that the board of regents may reject any and all bids, and in any such case, new bids may be called for as in the first instance. Each bid shall be accompanied by a certified check in the amount of five percent (5%) of such bid which sum shall be forfeited in case of default by any bidder whose bid is accepted. In no event shall any of such property be sold for less than three-fourths (3/4) of the amount of the appraisement thereof. When any of such property shall be sold, the proceeds thereof, after deduction of the expenses of such sale or sales, shall be remitted to the state treasurer and shall be deposited in the state treasury to the credit of the state general fund.
History: L. 1973, ch. 379, § 2; July 1.
Structure Kansas Statutes
Chapter 76 - State Institutions And Agencies; Historical Property
Article 4 - Kansas State University
76-407 Collections of specimens.
76-408 Acceptance of provisions of act of congress.
76-409 Location of college in Riley county; site ceded to state.
76-410 Endowment; investment; use of interest.
76-410a State agricultural university fund; original principal; earnings.
76-412 Inspection of dairy herds.
76-413 Same; scope and report; registration of cattle.
76-414 Same; time for inspection; consultations and advice.
76-416 Endowment fund; duties of state treasurer.
76-417 Same; interest paid over to state treasurer.
76-418 Sale of lands; disposition of proceeds; new contracts on forfeiture.
76-425a Kansas forest service; definitions.
76-425d Same; powers and duties.
76-425e Same; cooperation with governmental units.
76-425f Same; rules and regulations; powers; cooperative agreements.
76-430 Branch experiment station at Lakin.
76-433 Reversion of donated land.
76-434 Acceptance of act of congress increasing appropriations.
76-435 Agriculture extension work; acceptance of federal act.
76-435a Acceptance of federal act (49 Stat. 436 to 439; 7 U.S.C.A. §§ 427 to 427g, 343c, 343d).
76-436 Military training at state colleges and universities; compulsory, when.
76-437d Same; disposition of moneys.
76-443 Lease of certain land to state college endowment association.
76-444 Same; conditions; acceptance.
76-446 Sale of certain property willed to Kansas state university; conveyance, sale conditions.
76-447 Same; proceeds to student loan fund.
76-450 Exchange of certain property authorized.
76-453 Same; procedure for exchange.
76-454 Sale of certain property located in Pueblo county, Colorado; bids; disposition of proceeds.
76-455 Board of regents may sell oil, gas and other mineral rights in certain lands in Riley county.
76-458 Same; delivery of deed; recordation; use of lands.
76-459 Wildlife damage control; definitions.
76-462 Same; duties of wildlife damage control section.
76-463 Wildlife damage control; cooperation with department of wildlife, parks and tourism.
76-464 Same; extension specialists to be furnished vehicles and equipment; travel expenses.
76-467 Same; frequency of remittance of moneys.
76-470 Same; sale or other disposition of property; use of income or proceeds of sale.
76-471 Conveyance of certain real estate in Riley county by board of regents authorized.
76-473 Same; sale of property by endowment association; use of proceeds.
76-475 Same; conveyance of land by endowment association.
76-476 Same; execution of instrument of conveyance; approval by attorney general.
76-478 International meat and livestock program established; purpose; advisory committee.
76-479 Same; annual report to governor and legislature.
76-480 Sale of certain real estate in Riley county by board of regents; use of proceeds.
76-487 Swine technology center; objectives.
76-488 Same; technical support.
76-490 Donation of art object collection to Deines cultural center.
76-491 Purchase of insurance for aircraft authorized.
76-4,102 Sericea lespedeza research project; report to the legislature.
76-4,110 Conveyance of property described in 76-3,105, 76-4,107, 76-4,108 and 76-4,109.
76-4,111 Conveyance or exchange of property in Pottawatomie county.
76-4,113 Conveyance of land in Riley county to federal government; contingency.
76-4,114 Conveyance or exchange of property in Riley county.