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OK HB2387
Bill
Status
5/25/2017
Primary Sponsor
Leslie Osborn
Click for details
AI Summary
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Office of Juvenile Affairs (OJA) shall plan and execute a construction strategy for campus modifications through best-value analysis of two financing options, with assistance from the Office of Management and Enterprise Services and Commissioners of the Land Office.
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By March 31, 2018, a memorandum identifying the selected best-value option must be transmitted to the Governor, Speaker of the House, and President Pro Tempore of the Senate; the unselected option becomes inoperative.
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If the Land Office partnership option is selected, OJA is authorized to sell campus property to the Commissioners of the Land Office at fair market value and negotiate a public-private partnership lease and sublease agreement for up to 25 years.
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The Oklahoma Capitol Improvement Authority is authorized to issue up to $45,000,000 in obligations to acquire real property and fund construction, repairs, and improvements to OJA facilities, with title transferring to OJA upon final redemption or defeasance of the obligations.
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OJA must develop and report plans for repurposing the Southwest Oklahoma Juvenile Center and Oklahoma Juvenile Center for Girls campuses by March 31, 2018; act becomes effective July 1, 2017.
Legislative Description
Office of Juvenile Affairs; imposing duty; assets; issuance of obligations; authorizing to sell certain property; effective date; emergency.
Last Action
Approved by Governor 05/25/2017
5/25/2017