An Act To Create the Leased Space Reserve Fund and To Amend the Law Regarding the Issuance of Securities under the Maine Governmental Facilities Authority

Sec. 1. 5 MRSA §1516-B  is enacted to read:

§ 1516-B.  Leased Space Reserve Fund

Sec. 2. PL 2007, c. 240, Pt. Q, §1,  as amended by PL 2009, c. 213, Pt. XXXX, §1, is further amended to read:

Sec. Q-1. Maine Governmental Facilities Authority; issuance of securities. Pursuant to the Maine Revised Statutes, Title 4, section 1606, the Maine Governmental Facilities Authority is authorized to issue securities in its own name in an amount up to $11,000,000 in fiscal year 2007-08 and $6,000,000 in fiscal year 2008-09 or 2009-10 for the purpose of paying the cost, including preliminary planning costs, including but not limited to needs assessments and space planning, master planning, capital asset assessments, concept design, design development and final design including construction drawings, associated with capital repairs and improvements to state-owned facilities throughout the State and for the purchase or acquisition of facilities throughout the State as designated by the Commissioner of Administrative and Financial Services. The authority may also issue additional securities in its own name in an amount up to $750,000 in fiscal year 2007-08 for preconstruction costs and capital improvements for a Department of Corrections project at the Bangor campus and for other capital improvements at the correctional facilities within the Department of Corrections any part or all of which may be advanced by the Department of Administrative and Financial Services, Bureau of General Services with reimbursement upon issuance of the additional securities.

Sec. 3. Resolve 2011, c. 70, Pt. A, §2, sub-§2  is amended to read:

2. A parcel of land in Sinclair occupied by the Patrick Theriault School consisting of approximately 73 acres conveyed to the Town of Sinclair School District and State by deed recorded in the Northern Aroostook County Registry of Deeds, Book 939 246, Page 228 386; and be it further

Sec. 4. Authority to purchase real property; funding; repeal. Notwithstanding any other provision of law, the State, by and through the Commissioner of Administrative and Financial Services, may negotiate and effect the purchase of certain real property located at 127 Sewall Street, 108 Sewall Street and 96 Sewall Street in the City of Augusta from the Maine Public Employees Retirement System on terms and conditions that are in the best interest of the State. Notwithstanding any other provision of law, the Commissioner of Administrative and Financial Services may use any available resources for the purchase of the property. Any purchase made pursuant to this section must take place no later than June 30, 2013.

Sec. 5. Appropriations and allocations. The following appropriations and allocations are made.

ADMINISTRATIVE AND FINANCIAL SERVICES, DEPARTMENT OF

Leased Space Reserve Fund Program

Initiative: Provides funding to establish a baseline allocation for costs related to relocation and capital projects that construct, renovate or improve state facilities.

OTHER SPECIAL REVENUE FUNDS	2011-12	2012-13
All Other	$0	$500
OTHER SPECIAL REVENUE FUNDS TOTAL	$0	$500

Sec. 6. Retroactivity. That section of this Act that amends Resolve 2011, chapter 70, Part A, section 2, subsection 2 applies retroactively to September 28, 2011.

SUMMARY

This bill creates the Leased Space Reserve Fund, a nonlapsing fund to be used for costs related to relocation from leased spaces to state-owned facilities or relocation to lower-priced leased spaces and capital projects that construct, renovate or improve state facilities.

This bill allows the use of securities issued by the Maine Governmental Facilities Authority to be used to purchase or acquire facilities.

This bill corrects an inaccurate deed reference authorizing the sale of the Patrick Theriault School property in Aroostook County and applies the correction retroactively to September 28, 2011, the effective date of the resolve authorizing the sale.

This bill authorizes the State, through the Commissioner of Administrative and Financial Services, to purchase 3 pieces of property located in Augusta that are owned by the Maine Public Employees Retirement System using available resources. The purchase must be made by June 30, 2013.

This bill authorizes the baseline allocation for the Leased Space Reserve Fund program.