1-1 By: Greenberg, et al. (Senate Sponsor - Barrientos) H.B. No. 2877
1-2 (In the Senate - Received from the House May 9, 1997;
1-3 May 12, 1997, read first time and referred to Committee on State
1-4 Affairs; May 16, 1997, reported favorably by the following vote:
1-5 Yeas 13, Nays 0; May 16, 1997, sent to printer.)
1-6 A BILL TO BE ENTITLED
1-7 AN ACT
1-8 relating to the issuance of bonds for projects by the Texas Public
1-9 Finance Authority.
1-10 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-11 SECTION 1. Section 24A, Texas Public Finance Authority Act
1-12 (Article 601d, Vernon's Texas Civil Statutes), is amended to read
1-13 as follows:
1-14 Sec. 24A. SPECIFIC PROJECTS. (a) In addition to the
1-15 buildings that the legislature has previously approved for
1-16 acquisition or construction, the buildings described by this
1-17 section are approved for financing in accordance with Section 9 of
1-18 this Act. This section in no way limits the authority of the board
1-19 to issue obligations to finance the purchase or lease of equipment.
1-20 (b) The following projects are approved:
1-21 Project Estimated Cost
1-22 1. Aircraft Maintenance Shop and Office $2,787,000
1-23 Facilities in Travis County
1-24 2. Cosmetology Commission Building in Travis 1,520,000
1-25 County
1-26 3. Hazardous Materials Testing Laboratory for the 1,350,000
1-27 Texas Department of Health in Travis County
1-28 4. New Warehouse and Renovation of Existing 2,990,000
1-29 Warehouse for the [State Purchasing and]
1-30 General Services Commission in Travis County
1-31 5. Purchase and Renovation by the [State] 10,000,000
1-32 [Purchasing and] General Services
1-33 Commission of real property which is located
1-34 in, or partially or wholly within 1,000 feet
1-35 of: the Capitol Complex, Travis County, and
1-36 the John H. Winters Human Services Complex,
1-37 Travis County
1-38 6. Records and Equipment Warehouse for the State 1,538,000
1-39 Board of Insurance in Travis County
1-40 7. State Board of Insurance Building in Travis 59,937,000
1-41 County; facilities associated with
1-42 relocation of the State Aircraft Pooling Board
1-43 (not to exceed an estimated amount of $7,000,000);
1-44 and the acquisition and development of acreage
1-45 at Robert Mueller Municipal Airport for a
1-46 state complex (not to exceed an estimated
1-47 amount of $41,000,000)
1-48 8. State Data Processing Disaster Recovery 3,011,000
1-49 Operations Center in Travis County
1-50 9. Purchase and Renovation of New Headquarters 2,000,000
1-51 and Warehouse for [State Purchasing and]
1-52 General Services Commission in Travis County
1-53 10. Purchase and Renovation of an Office Building 43,500,000
1-54 in Travis County
1-55 11. Laboratory and Office Facilities for the Texas 42,300,000
1-56 Department of Health
1-57 TOTAL $170,933,000
1-58 (c) Notwithstanding the limitations prescribed by Section 9
1-59 of this Act relating to the location of buildings for which bonds
1-60 may be issued, the authority may issue bonds under this Act to
1-61 finance the renovation of West Building, G. J. Sutton State Office
1-62 Complex in Bexar County, at an estimated cost of $1,375,000; the
1-63 construction or purchase and renovation of a building or buildings
1-64 by the commission in Tarrant County, at an estimated cost of
2-1 $10,000,000; the construction or purchase and renovation of a
2-2 building or buildings by the commission in Harris County, at an
2-3 estimated cost of $20,000,000; and the purchase and renovation of a
2-4 building or buildings by the commission in McLennan County, at an
2-5 estimated cost of $5,000,000. For purposes of this subsection
2-6 regarding Tarrant and Harris counties, the commission shall, prior
2-7 to requesting the authority to issue bonds, prepare project
2-8 analyses for the potential construction projects and subsequent
2-9 thereto perform an alternative purchase analysis pursuant to
2-10 Chapter 2166, Government Code [the provisions of Section 5.34,
2-11 State Purchasing and General Services Act (Article 601b, Vernon's
2-12 Texas Civil Statutes)].
2-13 (d) Regarding Project 5 in Subsection (b) of this section,
2-14 the legislature finds that there is a continued need for the
2-15 acquisition of real property which is located in or in the
2-16 immediate vicinity of state office building complexes for the
2-17 continued operation of the government of the State of Texas in
2-18 provision of service to the people of this state; that there are
2-19 periodic fluctuations in the prices and values of real property;
2-20 and that the ability of the state to respond to rapidly changing
2-21 market conditions is necessary in order to acquire real property at
2-22 substantial savings to the taxpayer. Therefore, the [State
2-23 Purchasing and] General Services Commission is empowered hereby and
2-24 in accordance with Project 5 of Subsection (b) of this section to
2-25 purchase real property identified in that project number and to
2-26 make contracts necessary to carry out and effectuate the purposes
2-27 herein stated. Prior to the purchase of such property, the
2-28 commission must determine that the purchase would be in the state's
2-29 best interest.
2-30 SECTION 2. The importance of this legislation and the
2-31 crowded condition of the calendars in both houses create an
2-32 emergency and an imperative public necessity that the
2-33 constitutional rule requiring bills to be read on three several
2-34 days in each house be suspended, and this rule is hereby suspended,
2-35 and that this Act take effect and be in force from and after its
2-36 passage, and it is so enacted.
2-37 * * * * *