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.