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HCR060....................................................by APPROPRIATIONS
IDAHO WATER CENTER/IDAHO PLACE PROJECTS - Stating findings of the
Legislature and authorizing the Department of Water Resources, the
University of Idaho and Idaho State University to enter into agreements
with the Idaho State Building Authority to finance the Idaho Water Center
and the Idaho Place Projects.
03/06 House intro - 1st rdg - to printing
03/07 Rpt prt - to 2nd rdg
Rls susp - ADOPTED - 61-7-2
AYES -- Aikele, Barraclough, Bedke, Bell, Bieter, Block, Boe, Bolz,
Bradford, Bruneel, Callister, Campbell, Clark, Collins, Crow, Cuddy,
Deal, Denney, Ellsworth, Eskridge, Field(13), Field(20), Gagner,
Gould, Hadley, Hammond, Harwood, Henbest, Higgins, Jaquet, Jones,
Kellogg(Duncan), Kendell, Kunz, Lake, Langford, Mader, Martinez,
Meyer, Montgomery, Mortensen, Pearce, Pischner, Pomeroy, Raybould,
Roberts, Robison, Schaefer, Sellman, Shepherd, Smith(33), Smith(23),
Smylie, Stevenson, Stone, Tilman, Trail, Wheeler, Wood, Young, Mr.
Speaker
NAYS -- Barrett, Ellis, Loertscher, McKague, Moyle, Ridinger, Sali
Absent and excused -- Black, Hornbeck
Floor Sponsor - Gagner
Title apvd - to Senate
03/08 Senate intro - 1st rdg - to St Aff
03/12 Rpt out - rec d/p - to 10th Ord
03/13 10th Ord - ADOPTED - 27-8-0
AYES -- Andreason, Brandt, Bunderson, Darrington, Davis, Deide,
Dunklin, Frasure, Geddes, Hill, Ingram, Ipsen, Keough, King-Barrutia,
Little, Lodge, Marley, Noh, Richardson, Risch, Sandy, Schroeder,
Sorensen, Stegner, Stennett, Wheeler, Williams
NAYS -- Boatright, Branch(Bartlett), Burtenshaw, Cameron, Goedde,
Hawkins, Sims, Thorne
Absent and excused -- None
Floor Sponsors - Geddes & Sandy
Title apvd - to House
03/13 To enrol
03/14 Rpt enrol - Sp signed - Pres signed
03/14 To Secretary of State
|||| LEGISLATURE OF THE STATE OF IDAHO ||||
Fifty-sixth Legislature Second Regular Session - 2002
IN THE HOUSE OF REPRESENTATIVES
HOUSE CONCURRENT RESOLUTION NO. 60
BY APPROPRIATIONS COMMITTEE
1 A CONCURRENT RESOLUTION
2 STATING FINDINGS OF THE LEGISLATURE AND AUTHORIZING THE STATE DEPARTMENT OF
3 WATER RESOURCES, THE UNIVERSITY OF IDAHO, AND IDAHO STATE UNIVERSITY TO
4 ENTER INTO AGREEMENTS WITH THE IDAHO STATE BUILDING AUTHORITY TO FINANCE
5 THE CONSTRUCTION OF THE IDAHO WATER CENTER AND IDAHO PLACE PROJECTS.
6 Be It Resolved by the Legislature of the State of Idaho:
7 WHEREAS, the State Board of Education has directed Idaho's institutions of
8 higher education to "collaborate in hosting programs and cooperate to meet the
9 educational needs of all Idahoans, including those who are at a distance from
10 campus" (Statement of Outreach and Cooperation); and
11 WHEREAS, in furtherance of the State Board of Education's Statement of
12 Outreach and Cooperation, the University of Idaho and Idaho State University
13 desire to create a collaborative, multidisciplinary office, research and edu-
14 cation facility, to be known as the "Idaho Place," to provide the residents,
15 businesses and public agencies of the Treasure Valley access to University of
16 Idaho and Idaho State University programs and provide a unique opportunity for
17 collaboration between government, business and higher education; and
18 WHEREAS, the University of Idaho also has significant research and related
19 activities focused on water and water quality that can be enhanced through
20 partnership and collaboration with other public agencies and private entities
21 that focus on water and natural resources; and
22 WHEREAS, the Idaho Department of Water Resources (IDWR) manages and pro-
23 tects Idaho's surface and ground water resources, stream channels, and water-
24 sheds to ensure that water and energy are conserved and available for sustain-
25 ing Idaho's economy and ecosystems, and IDWR's activities can be enhanced
26 through partnership and collaboration with the University of Idaho; and
27 WHEREAS, the University of Idaho and IDWR desire to create, as a component
28 of Idaho Place, a collaborative, multidisciplinary office, research and educa-
29 tion facility to be known as the "Idaho Water Center," that will provide a
30 unique opportunity for collaboration between government, business and higher
31 education entities that focus on water and natural resources; and
32 WHEREAS, Section 67-5708A, Idaho Code, requires state agencies, prior to
33 leasing any new facilities, to perform a comprehensive analysis to determine
34 whether a suitable facility for the long-term needs and objectives of that
35 agency could be provided at the lowest responsible cost to the taxpayer
36 through other means, including leasing-to-own facilities through the Idaho
37 State Building Authority; and
38 WHEREAS, the University of Idaho, Idaho State University and IDWR have
39 determined that their long-term needs and objectives would be best served at
40 the lowest responsible cost to the taxpayers if they leased-to-own their
41 facilities at the Idaho Place and the Idaho Water Center through the Idaho
42 State Building Authority; and
43 WHEREAS, the Idaho Department of Administration conducted an evaluation of
44 proposals for leases for facilities for use by IDWR pursuant to Section
2
1 67-5708A, Idaho Code, and also determined that it is in the best interest of
2 the IDWR to locate in the Idaho Water Center; and
3 WHEREAS, it is in the best interest of the state for the Idaho State
4 Building Authority to provide the facilities to be known as the "Idaho Place"
5 and the "Idaho Water Center" for use by the University of Idaho, Idaho State
6 University, IDWR, other public agencies, and private companies, to promote
7 their educational, service and business needs.
8 NOW, THEREFORE, BE IT RESOLVED by the members of the Second Regular Ses-
9 sion of the Fifty-sixth Idaho Legislature, the House of Representatives and
10 the Senate concurring therein, that the Legislature hereby authorizes and pro-
11 vides approval for the University of Idaho, Idaho State University and IDWR,
12 to enter into an agreement or agreements, either separately or together, with
13 the Idaho State Building Authority, under such terms and conditions as may be
14 reasonable and necessary, to provide for the financing and development of
15 office, research and educational facilities, and related facilities, at Idaho
16 Place and the Idaho Water Center in Boise, Idaho, for their uses and the uses
17 of other public and/or private entities which may have affiliated, related or
18 collaborative purposes.
19 BE IT FURTHER RESOLVED that this resolution shall constitute the approval
20 under Section 33-3805A, Idaho Code, for the University of Idaho and Idaho
21 State University to use General Account appropriated funds for construction,
22 operation, and maintenance of the facilities being authorized hereby.
23 BE IT FURTHER RESOLVED that this resolution constitutes authorization
24 required by the provisions of Section 67-6410, Idaho Code.
STATEMENT OF PURPOSE
This concurrent resolution authorizes the University of Idaho and
Idaho State University (the "Universities") to enter into agreements
with the Idaho State Building Authority to finance construction and
acquisition of the Idaho Place, which will house programs of both
Universities, shared services for the Universities (auditorium and
various-sized conference rooms) and facilities for retail business
use (located along the active streets and plaza edges). The retail
will be operated for the benefit of the University of Idaho and
Idaho State University. Idaho Place will be located near the Idaho
Water Center on an approximate 6-acre parcel in Boise, Idaho
(bordered by Front Street on the north, Myrtle Street on the
south, Broadway Avenue on the east, and South Avenue B on the west).
Idaho Place will be developed in multiple phases in collaboration
with government and private entities, and is envisioned to include
several buildings of varying shapes, size and height. Public paths
and open spaces will build on existing downtown and neighborhood
networks and strengthen connections to the Ada County Courthouse
development, Julia Davis Park, the Boise River Greenbelt and
downtown Boise.
This concurrent resolution also authorizes IDWR and the University
of Idaho to enter into agreements with the Idaho State Building
Authority to finance construction and acquisition of the Idaho Water
Center, which will be comprised of the main office for IDWR,
facilities for water-related and research activities of the
University of Idaho, other related state agencies, federal agencies
and private tenants. The Idaho Water Center will be located on
approximately two acres in the Ada County Courthouse Corridor
Development in Boise, Idaho.
FISCAL NOTE
IDAHO PLACE: There will be no fiscal impact in FY 2003. The first
lease payment would be due during FY 2004 or FY 2005. The initial
facilities are estimated to be completed and ready for occupancy in
the Fourth Quarter of CY 2003. Financing the development of the
Idaho Place through the Idaho State Building Authority provides the
opportunity for the Universities to lease the facilities at
favorable lease rates and to own, or lease at nominal charge, the
facilities when the financing is paid in full. Lease payments to
the Idaho State Building Authority would come from a combination of
rental revenues from other tenants and the Universities' general
fund budgets and other appropriated funds. The estimated gross
building size required for the Universities (including shared
institutional space) is approximately 275,000 square feet,
including approximately 9,700 square feet for retail business use,
plus approximately 158,000 square feet for parking. The size of
the new facilities will be determined based upon the number and
space requirements of its occupants as identified. Based on an
estimated project cost of $88,000,000 the annual debt service for
a 40-year bond would be approximately $6,148,000. The annual debt
service obligations of the primary tenants will be reduced by
revenue generated from other equity partners/tenants, interim
subtenants (such as other agencies and interim users), public/private
partner retail tenants, university programs, research grants and
contract activities, contributed funds and parking revenues.
IDAHO WATER CENTER: There will be no fiscal impact in FY 2003. The
first lease payment would be due during FY 2004 (which begins on
July 1, 2003). The initial facilities are estimated to be completed
and ready for occupancy in Second Quarter of CY 2003. Financing
the development of the Idaho Water Center through the Idaho State
Building Authority provides the opportunity for IDWR and the
University of Idaho to lease the facilities at favorable lease rates
and to own, or lease at nominal charge, the facilities when
the financing is paid in full. Lease payments to the Idaho State
Building Authority would come from a combination of rental revenues
from other tenants and from the general fund budgets and other
appropriated funds of IDWR and the University of Idaho. The
estimated net rentable square footage required for IDWR is
approximately 50,000 square feet. The size of the new facilities
will be determined based upon the number and space requirements
of all suitable occupants that may be identified. Based on an
estimated project cost of $48,000,000, the annual debt service for
a 30-year bond would be approximately $3,439,000. The annual debt
service obligations of the primary tenants will be reduced by revenue
generated from other equity partners/tenants, interim subtenants
(such as other agencies and interim users), public/private partner
retail tenants, university programs, research grants and contract
activities, and contributed funds.
Contacts: Rep. Bruce Newcomb
Rep. Lee Gagner
Rep. Tilman
Sen. Robert Geddes
Sen. Sheila Sorenson
HCR 60