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Senate committee hears bill to remove 1953 reversionary clause on Mineral Wells property; testimony closed, bill left pending
Summary
Senator King explained a bill to require the Texas Military Department to renegotiate a 1953 deed and remove a reversionary clause so Mineral Wells and Parker County Livestock Association can redevelop property; no public testimony was taken and the bill was left pending.
Senator King introduced Senate Bill 2139 to require the Texas Military Department to renegotiate a deed conveying land to the city of Mineral Wells in 1953 so that a reversionary clause would be removed.
King said the deed originally conveyed the property for rodeo purposes and that the Parker County Livestock Association and the city of Mineral Wells need flexibility to develop the land for a different purpose than originally contemplated in 1953. He described the bill as narrowly focused on having the Texas Military Department renegotiate the deed to remove the reversionary interest.
The committee opened and closed public testimony without speakers and left Senate Bill 2139 pending for further consideration.
