SENATE BILL No. 48

 

 

January 25, 2005, Introduced by Senator JOHNSON and referred to the Committee on Appropriations.

 

 

 

 

 

 

     A bill to amend 1964 PA 183, entitled

 

"An act creating the state building authority with power to

acquire, construct, furnish, equip, own, improve, enlarge, operate,

mortgage, and maintain facilities for the use of the state or any

of its agencies; to act as a developer or co-owner of facilities as

a condominium project for the use of the state or any of its

agencies; to authorize the execution of leases pertaining to those

facilities by the building authority with the state or any of its

agencies; to authorize the payment of true rentals by the state; to

provide for the issuance of revenue obligations by the building

authority to be paid from the true rentals to be paid by the state

and other resources and security provided for and pledged by the

building authority; to authorize the creation of funds; to

authorize the conveyance of lands by the state or any of its

agencies for the purposes authorized in this act; to authorize the

appointment of a trustee for bondholders; to permit remedies for

the benefit of parties in interest; to provide for other powers and

duties of the authority; and to provide for other matters in

relation to the authority and its obligations,"

 

by amending section 7 (MCL 830.417), as amended by 1994 PA 252.

 


THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 7. (1) The state may lease facilities from the building

 

authority for public purposes within the concepts provided in this

 

act, upon terms and conditions agreed upon and subject to the

 

limitations and provisions provided in section 6. Before execution,

 

a lease shall be approved by the state administrative board and,

 

except as provided in subsection (3), by concurrent resolution of

 

the legislature concurred in by a majority of the members elected

 

to and serving in each house. The votes and names of the members

 

voting shall be entered in the journal. The lease as approved by

 

the building authority and the administrative board, and if

 

required, the legislature or an institution of higher education,

 

may provide for a determinable true rental as a range as permitted

 

under section 1(e).

 

     (2) If a lease is approved containing a true rental stated as

 

a range, then actual rental to be paid under the lease shall be

 

fixed at an amount certified by the appraiser and, after the

 

certification, shall be approved by the state administrative board

 

and the building authority. The appraiser shall not certify, and

 

the board and authority shall not approve, a true rental amount

 

unless the amount is fixed within or below the stated range. A

 

lease shall not be executed more than 3 years after its approval by

 

the legislature. The state shall pay to the building authority or

 

its assignee the true rental at the times, in the manner, and at

 

the place specified in the lease. The governor and the budget

 

director shall include in the annual budget of the state for each

 

year an amount fully sufficient to pay the true rental required to

 


be paid by the state to the building authority or its assignee

 

required by any lease under this act. If the lease is for an

 

institution of higher education, then in addition, the lease shall

 

be authorized by the institution of higher education and signed by

 

its authorized officers.

 

     (3) The state  , except institutions of higher education,  may

 

lease from the building authority property that is comprised only

 

of furnishings or equipment if all of the following requirements

 

are met:

 

     (a) Before a lease that is only for furnishings or equipment

 

is executed, the general form of the lease shall be approved by

 

concurrent resolution of the legislature concurred in by a majority

 

of the members elected to and serving in each house. The form of

 

the lease approved by the legislature need not contain a

 

description of the property to be leased or the rental or a rental

 

range. However, before the state executes the lease, the

 

description of the property to be leased and the rental shall be

 

approved by the state administrative board as provided in

 

subsection (2). The concurrent resolution of the legislature

 

approving the form of lease shall also approve a maximum amount of

 

furnishings and equipment that may be leased during the 2 years

 

following the approval of the lease pursuant to the form of lease

 

approved.

 

     (b) A lease that is only for furnishings or equipment shall be

 

executed only if the furnishings or equipment are for use by a

 

state agency as determined under the management and budget act,  

 

Act No. 431 of the Public Acts of 1984, being sections 18.1101 to

 


18.1594 of the Michigan Compiled Laws  1984 PA 431, MCL 18.1101 to

 

18.1594, or for use by an institution of higher education.

 

     (c) If the lease is for an institution of higher education,

 

before the state executes the lease, the description of the

 

property to be leased and the rental shall also be approved by the

 

institution of higher education as provided in subsection (2).

 

Institutions of higher education may only lease from the building

 

authority furnishings, hardware, and other types of equipment

 

associated with telecommunications, including, but not limited to,

 

digital broadcasting, wireless networking, and internet services.