[§107D-2] State facility renovation partnership program; established. (a) There is established the state facility renovation partnership program to be administered by the department. The program shall include all transactions, including land, improvements, or both.
(b) The department shall conduct a comprehensive review of all state office facilities and shall compile a list of priority facilities situated on state-owned land that it deems best suited for the state facility renovation partnership program.
(c) The department may enter into a development agreement with any private investor for the sale of a priority facility identified in subsection (b) to the private investor; provided that the development agreement contains the following requirements:
(d) There is established the state facility renovation partnership special fund in the state treasury to be administered by the department and into which all funds derived from the state facility renovation partnership program shall be deposited. Funds in the special fund shall be used solely for the purposes of the state facility renovation partnership program.
(e) The department shall establish rules pursuant to chapter 91 to implement the purposes of this chapter.
(f) In the event of any conflicts between the provisions of this chapter and chapter 171, this chapter shall control; otherwise, the provisions of chapter 171 shall apply. [L 2011, c 231, pt of §2]