Agreements for private development, construction and operation of facilities — Requirements

Tenn. Code Ann. § 12-2-116, under General Provisions.

Tenn. Code Ann. § 12-2-116

(a) (1) Notwithstanding this part, except as provided in subsection (d), the commissioner of general services, with the approval of the state building commission and subject to the policies and procedures of the commission, may in order to provide utilization of state-owned lands and facilities in the public interest, enter into agreements for the private development, redevelopment, construction and operation of facilities on lands owned by or under the control of the state.(2) Such agreements may include provisions for the sale, lease or other conveyance of state-owned real property, subject to the approval of the commissioner and the state building commission. The requirements of § 12-2-112 shall not apply to such conveyances.

(1) Notwithstanding this part, except as provided in subsection (d), the commissioner of general services, with the approval of the state building commission and subject to the policies and procedures of the commission, may in order to provide utilization of state-owned lands and facilities in the public interest, enter into agreements for the private development, redevelopment, construction and operation of facilities on lands owned by or under the control of the state.

(2) Such agreements may include provisions for the sale, lease or other conveyance of state-owned real property, subject to the approval of the commissioner and the state building commission. The requirements of § 12-2-112 shall not apply to such conveyances.

(b) Any agreements entered into in accordance with this section shall be entered into only after public advertisement and only after proposals have been requested and evaluated pursuant to the policies and procedures of the state building commission.

(c) Any agreements for the sale of state-owned real property entered into under this section shall contain the provision that the state shall have the first right for repurchase of such previously state-owned real property, including all improvements thereof, under any subsequent offer for sale of such real property. The repurchase amount shall be at no more than fair market value as established by appraisal.

(d) (1) Notwithstanding subsection (a) and this part, the commissioner of environment and conservation, with the approval of the state building commission, may enter into the agreements contemplated in this section for the private development, redevelopment, construction, and operation of facilities on lands under its jurisdiction, and the department of environment and conservation may supervise the construction. Such agreements may include provisions for the sale, lease, or other conveyance of state-owned real property, subject to the approval of the commissioner of environment and conservation and the state building commission. The requirements of § 12-2-112 do not apply to such conveyances.(2) Subdivision (d)(1) applies only to Cumberland Mountain State Park.

(1) Notwithstanding subsection (a) and this part, the commissioner of environment and conservation, with the approval of the state building commission, may enter into the agreements contemplated in this section for the private development, redevelopment, construction, and operation of facilities on lands under its jurisdiction, and the department of environment and conservation may supervise the construction. Such agreements may include provisions for the sale, lease, or other conveyance of state-owned real property, subject to the approval of the commissioner of environment and conservation and the state building commission. The requirements of § 12-2-112 do not apply to such conveyances.

(2) Subdivision (d)(1) applies only to Cumberland Mountain State Park.