(a) The property owned by this state and the sidewalks and streets within the area in the City of Atlanta bounded by Washington Street, Trinity Avenue, Memorial Drive, Capitol Avenue, Central Place, and Martin Luther King, Jr. Drive is designated as the Capitol Square.

(b) The state shall have the same control and jurisdiction over the use of the buildings and grounds owned by the state and designated as the Capitol Square as have been authorized by law for the control and supervision of the public property formerly known as the State Capitol Buildings and Grounds.

(c) The Governor is authorized and empowered to deed, upon unanimous approval of the Governor, an appointee of the Governor who is not the Attorney General, and state auditor, upon such terms and conditions as they may deem to be to the best interests of the state, to the City of Atlanta such part of the grounds owned by the state and facing Capitol Avenue that is deemed necessary and essential to widen and straighten Capitol Avenue at the entrance to Martin Luther King, Jr. Drive, so as to route traffic into Piedmont Avenue, and such other property owned by the state which is essential or necessary to aid in the movement of traffic around the Capitol Square.