Bill Status of SB2187 100th General Assembly
Short Description: SELL/LEASE THOMPSON CENTER
Sen. Christine Radogno
| 1/10/2017||Senate||Session Sine Die|
Statutes Amended In Order of Appearance
Synopsis As Introduced
Amends the State Property Control Act. Specifies that the administrator is authorized to dispose of the James R. Thompson Center in 3 ways. Allows the administrator to sell the real property by auction. Allows the administrator to sell or lease the real property pursuant to a competitive sealed bid. Allows the administrator to enter into a lease, a public-private partnership with a real estate developer, or other agreement that directly or indirectly gives the State a right to use, control, or possess some portion or interest in the real property. Provides that all moneys received from the sale or lease of the real property shall be deposited into the General Revenue Fund. Authorizes the administrator to enter into any agreements and execute any documents necessary. Provides that any agreement to sell or lease the real property must be entered into no later than 3 years after the effective date of this amendatory Act. Effective immediately.
|Date||Chamber|| Action|| 10/20/2015||Senate||Filed with Secretary by Sen. Christine Radogno|| 10/20/2015||Senate||First Reading|| 10/20/2015||Senate||Referred to Assignments|| 10/20/2015||Senate||Assigned to Executive|| 1/7/2016||Senate||Pursuant to Senate Rule 3-9(b) / Referred to Assignments|| 1/10/2017||Senate||Session Sine Die|