HOUSE AMENDMENT

                                        Bill No. HB 2007, 1st Eng.

    Amendment No.     (for drafter's use only)

                            CHAMBER ACTION
              Senate                               House
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 4                                                                

 5                                           ORIGINAL STAMP BELOW

 6

 7

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 9

10                                                                

11  Representative(s) Ogles, Greenstein and Rubio offered the

12  following:

13

14         Amendment (with title amendment) 

15         On page 2, lines 16 through page 4, line 6,

16  remove from the bill:  all of said lines

17

18  and insert in lieu thereof:

19         Section 1.  The Board of Trustees of the Internal

20  Improvement Trust Fund shall institute a program of

21  privatization of certain state facilities.

22         (1)  The Board of Trustees of the Internal Improvement

23  Trust Fund shall privatize certain state facilities where the

24  majority private business tenants on the facility are private

25  businesses, the majority private business tenants petition the

26  board of trustees, and the facility meets one or more of the

27  following criteria:

28         (a)  The state facility is more than 25 years old and

29  is in need of substantial capital improvements;

30         (b)  The Office of Program Policy Analysis and

31  Government Accountability has issued a report questioning the

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    File original & 9 copies    05/02/00
    hbd0001                     09:12 am         02007-0067-323003




                                                   HOUSE AMENDMENT

                                        Bill No. HB 2007, 1st Eng.

    Amendment No.     (for drafter's use only)





 1  long-term viability of the state facility or states that the

 2  sale of the state facility is appropriate;

 3         (c)  The state agency has provided in its budget for

 4  substantial capital improvements to the state facility and the

 5  budget request has gone unfunded for 2 consecutive years; or

 6         (d)  The state facility requires asbestos removal from

 7  the buildings on the facility and such removal has not been

 8  undertaken within 2 years of discovery.

 9         (2)  For purposes of this section, the term:

10         (a)  "Substantial capital improvement" means that the

11  capital improvements' cost would exceed 25 percent of the

12  appraised value of the property, including the cost of removal

13  and replacement of outdated buildings on the public property.

14         (b)  "State facility" means public property and

15  buildings consisting of 25 acres or less of state-owned land

16  that is improved with office space and is leased by the state

17  to private tenants that occupy the majority of the square

18  footage of the leased space.

19         (c)  "Majority private business tenants" means the

20  nongovernmental lessees of the state facilities which lease

21  the majority of the square footage of state facilities which

22  is for lease.

23         (3)  The Board of Trustees of the Internal Improvement

24  Trust Fund shall have 6 months from the date of the receipt of

25  the petition to procure three appraisals of the facility for

26  purposes of negotiating with the petitioning tenants to sell

27  the state facility for the average price of the appraisals.

28         (4)  The agreement for purchase shall be executed by

29  the Board of Trustees of the Internal Improvement Trust Fund

30  within 9 months after the date of the receipt of tenant

31  petition and shall be for the average price of the three

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    File original & 9 copies    05/02/00
    hbd0001                     09:12 am         02007-0067-323003




                                                   HOUSE AMENDMENT

                                        Bill No. HB 2007, 1st Eng.

    Amendment No.     (for drafter's use only)





 1  appraisals.

 2         (5)  Notwithstanding any other law to the contrary, the

 3  majority private business tenants shall have a right of first

 4  refusal to purchase the state facility, provided the majority

 5  private business tenants have petitioned the state in their

 6  petition. Such right of first refusal must be exercised within

 7  90 days after notice of the sale to the tenants.

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 9

10  ================ T I T L E   A M E N D M E N T ===============

11  And the title is amended as follows:

12         On page 1, lines 23-27,

13  remove from the title of the bill:  all of said lines

14

15  and insert in lieu thereof:

16         property; designating the procedure for the

17         sale of public property to the tenants doing

18         the majority of business in the public

19         property; authorizing the Division of Facility

20         Management to procure real estate appraisals on

21         the public property; requiring the Board of

22         Trustees of the Internal Improvement Trust Fund

23         to institute a procedure to negotiate the sale

24         and privatization of certain public property

25         and buildings; providing an effective date.

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    File original & 9 copies    05/02/00
    hbd0001                     09:12 am         02007-0067-323003