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FL S1714
Bill
AI Summary
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Amends the Architects Incidental Trust Fund to receive all proceeds from sales of surplus state-owned office buildings and associated nonconservation lands, with funds restricted to acquisition, lease, planning, design, construction, or maintenance of state office buildings
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Removes priority consideration for state universities and Florida College System institutions when leasing surplus buildings or land; only state agencies must now be offered leases before properties go to local/federal governments or private parties
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Requires appraisals, comparable sales analyses, or broker opinions of surplus land value to be based on "highest and best use" considering all applicable developmental rights to ensure maximum benefit to the state
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Defines "highest and best use" as the reasonable, probable, and legal use of vacant land or improved property that is physically possible, appropriately supported, financially feasible, and results in the highest value
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Effective date of July 1, 2020
Legislative Description
Sale of Surplus State-owned Office Buildings and Associated Nonconservation Lands
Last Action
Chapter No. 2020-20
6/10/2020