The state board of regents is hereby authorized and empowered to exchange and convey, as hereinafter provided, the following described real estate located in Thomas county, Kansas, being more particularly described as follows:
"A tract of land lying in the Northeast Quarter (NE1/4) of Section One (1) Township Eight (8) South Range Thirty-four (34) West of the Sixth Principal Meridian in Thomas County, Kansas, being more particularly described as follows:
"Beginning at a point fifty-seven and fifty-two hundredths (57.52) feet South and four hundred seven and fourteen hundredths (407.14) feet West of the Northeast (NE) corner of the Northeast Quarter of said Section One (1) T8S, R34W. Said point of beginning lies on the Southerly right-of-way line of the Union Pacific Railroad Company.
"From said point of beginning thence Southerly along a line parallel to the East line of said Northeast Quarter (NE1/4) for a distance of four hundred sixty-two (462) feet; thence Westerly along a line parallel to the Southerly right-of-way line of the Union Pacific Railroad Company for a distance of nine hundred forty-five and fifteen hundredths (945.15) feet, more or less, to a point lying on the westerly line of Copeland Avenue extended Southerly; thence Northerly along the Westerly line of Copeland Avenue extended for a distance of four hundred sixty-two (462) feet, more or less, to the intersection of said line with the Southerly right-of-way line of the Union Pacific Railroad Company; thence Easterly along the Southerly right-of-way line of the Union Pacific Railroad Company for a distance of nine hundred forty-four and ninety-eight hundredths (944.98) feet, more or less, to the point of beginning, containing 10.02 acres more or less, all located in Thomas County, Kansas."
The conveyance so authorized shall be executed in the name of the state board of regents by its chairman and secretary, and shall be executed and delivered to the Hi-Plains Health Care Association, a Kansas corporation, upon receipt of a good and sufficient warranty deed executed by said Hi-Plains Health Care Association, to the state of Kansas to the following described real estate located in Thomas county, Kansas:
"A tract of land in Section 2, Township 8 South, Range 34 West of the Sixth P.M. described as follows: Beginning at the Southeast corner of the Northeast Quarter of said Section, thence West along the South line of said Quarter Section a distance of 2648.35 feet to a point, said point being the center of Section 2, T8S, R34W, thence North along the West line of said Northeast Quarter Section a distance of 411.18 feet to a point, thence East parallel with the South line of said Northeast Quarter to a point on the East line of said Northeast Quarter, which point is 411.17 feet North of the Southeast corner of the Northeast Quarter, thence South along the East line of said Quarter Section 411.17 feet to the point of beginning. The above described tract contains 25.00 acres more or less, including right-of-way of the Section line road along the East side of the tract, all located in Thomas County, Kansas."
No conveyance of property under authority of this section shall be made or accepted by the board of regents until title to and conveyances have been approved by the attorney general.
K.S.A. 76-457