§ 12-63-305 - Conveyance or disposal of military real property.
               	 		
12-63-305.    Conveyance or disposal of military real property.
    (a)    (1)    (A)  If  the Adjutant General of the State of Arkansas determines that any  military reservation, armory, landing field, hangar, or any other estate  in real property owned or possessed by the State of Arkansas for the  use and benefit of the Arkansas National Guard or the armed forces of  the United States is no longer useful or necessary for National Guard or  other military purposes, the Adjutant General shall then have authority  to sell, convey, or otherwise dispose of the property.
            (B)  The  Adjutant General may sell, convey, or otherwise dispose of property  under this section by deed, lease, license, permit, or other instrument  executed by him or her on behalf of and in the name of the State of  Arkansas.
            (C)  The Adjutant  General shall approve the price, consideration, and other terms and  conditions related to the sale, conveyance, or other disposal of  property under this section.
      (2)  The  Adjutant General may also enter into agreements with cities, counties,  school boards, other political subdivisions of the state, or any other  public entity, body, board, commission, agency, or governmental  corporation to convey an estate in real property or other improvements  formerly used for National Guard purposes to the political subdivision  or public entity in the event the Adjutant General determines that the  transfer would be in the better interest of the National Guard and the  local community, subject to any reversionary interest that may exist  with respect to the estate in favor of the State of Arkansas or of the  United States.
      (3)  Any conveyance  under this section is subject to the approval of the Secretary of the  Army or the Secretary of the Air Force, as the case may be, and in  compliance with applicable regulations and instructions.
(b)    (1)  When  and if, in the judgment of the Adjutant General, the use of any parcel  of real property or any armory, warehouse, or other improvements thereon  located owned by or leased to the State of Arkansas for the use and  benefit of the National Guard or any portion thereof is temporarily not  required and not necessary for National Guard purposes, the Adjutant  General shall have authority to lease or sublease any real property or  portion thereof for such a rental and on such terms and conditions and  for such a period of time as the Adjutant General shall deem to the best  interest of the National Guard. The lease or sublease contract shall be  executed by the Adjutant General for and in the name and behalf of the  State of Arkansas.
      (2)  Every  lease contract shall contain suitable provision for the immediate  suspension or termination of the contract in the event of the occurrence  of an emergency rendering the use of the property by the National Guard  necessary for its military purposes and may provide for a refund out of  the Special Military Fund to the lessee or sublessee of a rental paid  in advance for the period covered by the lease during which the lessee  or sublessee is by reason of the emergency deprived of the use of the  property.
(c)    (1)    (A)  Before  the Adjutant General shall lease, rent, sell, convey, or otherwise  dispose of any estate in any real property or improvement on the  property other than a lease or rental for thirty (30) days or less for  the use of real property, buildings, armories, airfields, or other  improvements that are temporarily not required for military purposes, he  or she shall publish a notice one (1) time in some newspaper published  and having a general circulation in the state at least ten (10) days  before the date on which the property is offered for conveyance or  disposal.
            (B)  The notice shall  describe the estate or property and notify all interested persons that  the estate or property will be conveyed or disposed of and of the  conditions, terms, time, and place at which bids or requests for  proposals shall be received for the estate or property.
      (2)  Bids  or proposals for the conveyance, disposal, purchase, lease, or other  disposition of the estate in any real property substantially on the  terms specified in the notice shall be received by the Adjutant General  at the time and place specified in the notice in the form of open or  sealed bids or requests for proposals, as the Adjutant General may  direct.
      (3)  Subject to the  Adjutant General's right to reject all bids and proposals, the property  shall be conveyed to the person, firm, or corporation submitting the bid  or proposal which in the judgment of the Adjutant General, taking into  consideration the amount to be paid and the terms and conditions of the  conveyance, is most advantageous to the security and interests of the  State of Arkansas and the United States.
(d)    (1)  The  purchase price, rental, or other moneys to be paid for the conveyance  of the estate or property for a period of more than thirty (30) days  under the terms, conditions, and consideration of the conveyance shall  be deposited in the State Treasury.
      (2)  The  moneys shall be credited to the Special Military Fund, to be used by  the Adjutant General for the purposes of constructing, repairing, or  maintaining hangars, armories, or other property held by the State of  Arkansas for the use and benefit of its National Guard, subject to any  priority interest of the United States in such proceeds.