COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
LR No.: 0860-05
Bill No.: Truly Agreed to and Finally Passed SCS # 2 for SB 224
Subject: State Property: Conveyance
Type: Original
Date: May 27, 2003
FISCAL SUMMARY
FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
Total Estimated
Net Effect on General Revenue Fund |
$0 | $0 | $0 |
FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
Total Estimated
Net Effect on Other State Funds |
$0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 3 pages.
FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
Local Government | $0 | $0 | $0 |
ASSUMPTION
Officials of the Office of the Governor assume no fiscal impact.
Official of the Office of Attorney General assume any cost related to this proposal could be absorbed with existing appropriations.
Office of Administration- Division of Design and Construction assume no fiscal impact.
Officials of the City of Fulton assume no fiscal impact.
FISCAL IMPACT - State Government | FY 2004 | FY 2005 | FY 2006 |
$0 | $0 | $0 | |
FISCAL IMPACT - Local Government | FY 2004 | FY 2005 | FY 2006 |
$0 | $0 | $0 |
FISCAL IMPACT - Small Business
No direct fiscal impact to small businesses would be expected as a result of this proposal.
DESCRIPTION
This act authorizes the Governor to convey a permanent easement on state property in Callaway County to the City of Fulton for the purpose of constructing a hiking and biking trail. In the event the City of Fulton ceases to use the property for a hiking or biking trail the easement would be void, and the City of Fulton would be responsible for executing any documents required to remove the easement from the recorded title of the property. This proposal has an emergency clause.
This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space.
SOURCES OF INFORMATION
Office of Governor
Office of Attorney General
Office of Administration
City of Fulton
Mickey Wilson, CPA
Director
May 27, 2003