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Sponsors
3 Co-sponsors
History
- Referred to higher education
- Referred to higher education
Full text
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Sponsor's memo
Title of bill
An act to amend the education law, in relation to administrative flexibility of the state university construction fund and the development of university-related economic development facilities
Purpose
This bill amends the definition of university-related economic development facilities set forth in section 372-a of the Education Law to include projects which will serve the University community, provided they will not displace private sector development. In addition, university-related economic development facilities projects are authorized on newly acquired property (or on property for which a University ground lease is already authorized). All university-related economic development projects are developed without State appropriated funds. Finally, the bill would provide the Fund with the design/build method of project delivery.
Summary of provisions
Section 2 amends section 372-a of the Education Law, which authorizes university-related economic development project, to make it clear that such projects may include facilities to serve the University community, and to authorize projects on newly acquired property or on property for which the Legislature has already granted ground lease authority.
Section 3 eliminates obsolete restrictions on the types of consultants the Fund may employ.
Section 4 authorizes the Fund to use the design/build method of project delivery subject to specific limitations on the process and the percentage of the Fund's work that can be constructed in this manner. This provision would sunset June 1, 2013.
Section 5 provides an immediate effective date.
Existing law
Except for authorization for university-related economic development projects enacted in 1999, the legislation under which the State University Construction Fund is administered (Article 8-A of the Education Law). Has been little changed since its adoption in 1962.
Justification
As the State University embarks upon its new Capital Plan for construction and maintenance of its campuses, this legislation would provide the Construction Fund with the tools to best serve the students and faculty who rely on the infrastructure of the University system. Changes in the construction industry and in State law require modifications in the enabling legislation of the State University Construction Fund if the fund is to continue to meet the needs of the University efficiently, both in terms of time and expense. Furthermore, the Fund has the authority to develop university-related economic development facilities, which allows the University to rely less on State appropriations for capital facilities. Section 2 of the bill makes changes to these recent enactments that will be necessary for their successful implementation. This proposal provides the Fund with administrative flexibility, specifically for the design/build method of project delivery. This flexibility legislation is required due to the increase in the construction value of the Capital Plan and number of projects undertaken by the Fund. LEGISLATIVE HISTORY :
2007-08, S.5396; 2005-2006, S.5604.
Fiscal implications
This bill has no direct fiscal impact. However, it is necessary to implement the capital budget for the State University, and will reduce the University's current and future reliance on State supported debt.
Effective date
Immediately.
Summaries, headlines and scores are AI-generated from the official bill text. How we score bills. Source: NYS Open Legislation.