Current through 82nd (2023) Legislative Session Chapter 535 and 34th (2023) Special Session Chapter 1 and 35th (2023) Special Session Chapter 1
Section 393.329 - Resolution declaring intention to exchange property: Adoption and contents1. After receiving the report of the appraisers and before ordering the exchange of any real property, the board of trustees shall, in open meeting by a majority vote of the members, adopt a resolution declaring the board's intention to exchange the real property.2. The resolution shall: (a) Describe the real properties proposed to be exchanged in such a manner as to identify them.(b) Specify the cash market value of the real properties proposed to be exchanged as determined by the appraisers.(c) Fix a time, not less than 3 weeks thereafter, for a public meeting of the board of trustees to be held at its regular place of meeting, at which meeting objections to the proposed exchange may be made by interested persons.