By:  Sibley                                            S.B. No. 435
       73R3974 JRD-D
                                 A BILL TO BE ENTITLED
    1-1                                AN ACT
    1-2  relating to enabling and appropriating money to the General
    1-3  Services Commission to purchase one or more existing buildings in
    1-4  McLennan County through bonds issued by the Texas Public Finance
    1-5  Authority.
    1-6        BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
    1-7        SECTION 1.  Subsection (c), Section 24A, Texas Public Finance
    1-8  Authority Act (Article 601d, Vernon's Texas Civil Statutes), is
    1-9  amended to read as follows:
   1-10        (c)  Notwithstanding the limitations prescribed by Section 9
   1-11  of this Act relating to the location of buildings for which bonds
   1-12  may be issued, the authority may issue bonds under this Act to
   1-13  finance the renovation of West Building, G. J. Sutton State Office
   1-14  Complex in Bexar County, at an estimated cost of $1,375,000; the
   1-15  construction or purchase and renovation of a building or buildings
   1-16  by the commission <State Purchasing and General Services
   1-17  Commission> in Tarrant County, at an estimated cost of $10,000,000;
   1-18  <and> the construction or purchase and renovation of a building or
   1-19  buildings by the commission <State Purchasing and General Services
   1-20  Commission> in Harris County, at an estimated cost of $20,000,000;
   1-21  and the purchase and renovation of a building or buildings by the
   1-22  commission in McLennan County, at an estimated cost of $8,000,000.
   1-23  For purposes of this subsection regarding Tarrant and Harris
   1-24  counties, the commission <State Purchasing and General Services
    2-1  Commission> shall, prior to requesting the authority to issue
    2-2  bonds, prepare project analyses for the potential construction
    2-3  projects and subsequent thereto perform an alternative purchase
    2-4  analysis pursuant to the provisions of Section 5.34, State
    2-5  Purchasing and General Services Act (Article 601b, Vernon's Texas
    2-6  Civil Statutes).
    2-7        SECTION 2.  (a)  The General Services Commission may purchase
    2-8  and renovate the building or buildings known as Raleigh Square in
    2-9  McLennan County at an estimated cost of $8 million to meet office
   2-10  space needs for one or more state agencies in the county.  The
   2-11  commission shall finance the purchase and renovation through bonds
   2-12  issued by the Texas Public Finance Authority.
   2-13        (b)  The proceeds of the bonds issued and sold by the Texas
   2-14  Public Finance Authority to finance the purchase and renovation are
   2-15  appropriated to the General Services Commission for the two-year
   2-16  period beginning on the date that the comptroller certifies that
   2-17  the proceeds are available.
   2-18        (c)  Any person from whom real property or any existing
   2-19  buildings or other improvements are purchased under this section
   2-20  shall provide to the General Services Commission the name and the
   2-21  last known address of each person who:
   2-22              (1)  owns record legal title to the property,
   2-23  buildings, or other improvements; or
   2-24              (2)  owns a beneficial interest in the property,
   2-25  buildings, or other improvements through a trust, nominee, agent,
   2-26  or any other legal entity.
   2-27        (d)  When a state agency vacates leased space to move into
    3-1  space in a building purchased under this section or when the leased
    3-2  space itself is purchased under this section, the money
    3-3  specifically appropriated by the legislature or the money available
    3-4  to and budgeted by the agency for lease payments for the leased
    3-5  space for the remainder of the state fiscal biennium ending August
    3-6  31, 1993, or for the state fiscal biennium ending August 31, 1995,
    3-7  may be used only for rental or installment payments for the
    3-8  purchased space under Section 12(b), Texas Public Finance Authority
    3-9  Act (Article 601d, Vernon's Texas Civil Statutes), and for the
   3-10  payment of operating expenses for the purchased space that are
   3-11  incurred by the General Services Commission.  The comptroller may
   3-12  adopt rules for the administration of this subsection.
   3-13        SECTION 3.  The importance of this legislation and the
   3-14  crowded condition of the calendars in both houses create an
   3-15  emergency and an imperative public necessity that the
   3-16  constitutional rule requiring bills to be read on three several
   3-17  days in each house be suspended, and this rule is hereby suspended,
   3-18  and that this Act take effect and be in force from and after its
   3-19  passage, and it is so enacted.