Print Friendly SENATE CONCURRENT RESOLUTION NO. 133 – Admin Dept, acquire bldgs, approval
SENATE CONCURRENT RESOLUTION NO. 133
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SCR133.....................................................by STATE AFFAIRS
ADMINISTRATION DEPARTMENT - Stating findings of the Legislature and
authorizing the Department of Administration to acquire state buildings and
facilities through the State Building Authority under certain
03/02 Senate intro - 1st rdg - to printing
03/03 Rpt prt - to 10th Ord
03/04 10th ord - ADOPTED - voice vote
Title apvd - to House
03/05 House intro - 1st rdg - to St Aff
03/18 Rpt out - rec d/p - to 2nd rdg
03/19 2nd rdg - to 3rd rdg
Ret'd to St Aff
|||| LEGISLATURE OF THE STATE OF IDAHO ||||
Fifty-fifth Legislature First Regular Session - 1999
IN THE SENATE
SENATE CONCURRENT RESOLUTION NO. 133
BY STATE AFFAIRS COMMITTEE
1 A CONCURRENT RESOLUTION
2 STATING LEGISLATIVE FINDINGS AND AUTHORIZING AND DIRECTING THE DEPARTMENT OF
3 ADMINISTRATION TO ACQUIRE STATE BUILDINGS AND FACILITIES THROUGH THE STATE
4 BUILDING AUTHORITY UNDER CERTAIN PARAMETERS.
5 Be It Resolved by the Legislature of the State of Idaho:
6 WHEREAS, the Legislature finds that while interest rates are volatile and
7 are escalating they are very favorable presently for the issuance of bonds by
8 the State Building Authority for the financing of certain state buildings and
9 facilities; and
10 WHEREAS, the Department of Administration is authorized by Section
11 67-5708, Idaho Code, to enter into leases with the State Building Authority
12 for facilities for state use when the facility is authorized by a concurrent
13 resolution; and
14 WHEREAS, several leases of state buildings and facilities are at a point
15 where it appears to make economic sense to have the Department of Administra-
16 tion enter into an arrangement with the State Building Authority to purchase
17 the building or facility, including appropriate facility refurbishment
18 reserves, and lease it back to the state or to have the State Building Author-
19 ity build or purchase a facility and lease it back to the state.
20 NOW, THEREFORE, BE IT RESOLVED by the members of the First Regular Session
21 of the Fifty-fifth Idaho Legislature, the Senate and the House of Representa-
22 tives concurring therein, that we hereby authorize the Department of Adminis-
23 tration to identify which leases of state buildings or facilities would pro-
24 duce significant long-term savings of taxpayer dollars if canceled and the
25 State Building Authority either purchased the building or facility or provided
26 another building or facility for the state agency.
27 BE IT FURTHER RESOLVED that during the interim between regular legislative
28 sessions, with the approval of the State Board of Examiners with the President
29 Pro Tempore of the Senate and the Speaker of the House of Representatives con-
30 curring therein, the Department of Administration shall proceed to enter into
31 agreements with the State Building Authority for those facilities wherein sig-
32 nificant taxpayer savings are available.
33 BE IT FURTHER RESOLVED that the Department of Administration shall make a
34 report to the Second Regular Session of the Fifty-fifth Idaho Legislature
35 regarding the action it has taken regarding building and facilities addressed
36 by this resolution.
STATEMENT OF PURPOSE
This concurrent resolution gives direction to the Department of
Administration (DOA) to proceed in identifying opportunities to
save significant long-term lease costs on state occupied
facilities by leasing from the Idaho State Building Authority.
Interest rates are at a low that hasn't existed for decades. In
an inflationary economy, such rates are likely to rise. This
legislation gives flexibility to the DOA, so they may move
promptly on opportunities in order to save significant taxpayer
dollars if approved by the Board of Examiners, with the Senate
President, Pro Tempore and the Speaker of the House concurring
therein, during the interim between regular legislative sessions.
Significant long-term savings will result on all leases approved.
Obtaining significant savings is the basis for approving the ISBA
lease option. Short-term savings could be up to 10% of current
lease costs. Long-term, the savings could run into hundreds of
millions of dollars.
CONTACT: Senator Hal Bunderson
STATEMENT OF PURPOSE/ EISCAL NOTE SCR133