(a) The Governor of this state is authorized and empowered to convey to the authority, on behalf of the state, any real or personal property or interest therein now or hereafter owned by the state, including any such property acquired in the name of the Department of Agriculture which is used as a farmers' market at the time or which may be used as a farmers' market upon completion of any action permitted to the authority. The consideration for such conveyance shall be determined by the Governor and shall be expressed in the deed of conveyance, provided that such consideration shall be nominal, the benefits flowing to the state and its citizens constituting full and adequate actual consideration.

(b) This state and the Department of Agriculture are empowered to acquire real or personal property and interests therein, which upon acquisition may be conveyed by the Governor to the authority as provided in subsection (a) of this Code section, in any manner permitted to them by law, and to expend funds available to them for such acquisition.

(c) If, within one year after a conveyance by the Governor as provided in subsection (a) of this Code section, a lease covering such property or interests therein has not been executed between the authority and the Department of Agriculture as provided in this article, such property, interest, or interests therein shall revert to the state.