Louisiana Revised Statutes Tit. 41, § 728. St. Tammany Parish School Board; unused school lands; sell, exchange, disposition; proceeds

A. Notwithstanding any other law to the contrary, whenever the St. Tammany Parish School Board, on behalf of the state of Louisiana, determines that any unused school lands, including but not limited to sixteenth section lands, indemnity for school lands, or other immovable property located in St. Tammany Parish and as more specifically described in any agreements entered into and documents executed by the St. Tammany Parish School Board, are no longer needed for school purposes and that the best interests of the St. Tammany Parish school system would be served by the sale, exchange, or other disposition of the property, the St. Tammany Parish School Board shall have authority to order the disposition of such sixteenth section lands, indemnity for school lands, or other immovable property at public auction or under sealed bids, except that immovable property subject to the provisions of R.S. 17:87.6 shall be disposed of as provided for in that Section. The procedure for disposition of the sixteenth section lands and indemnity for school lands shall be the same as for unused lands as provided for in R.S. 41:892. The St. Tammany Parish School Board shall reserve to the state all of the mineral rights and minerals in accordance with law. Any sale of sixteenth section lands which occurs as authorized by this Subsection shall be executed by the state land office on behalf of the St. Tammany Parish School Board.

B. All proceeds from the sale, exchange, or other disposition, less expenses of the disposition, if any, shall be used for the support of the schools located in St. Tammany Parish in furtherance of the purpose of the dedication of the sixteenth section lands or indemnity for school lands as provided by law.