Text: SJR00002 Text: SJR00004 Text: SJR00000 - SJR00099 Text: SJR Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 SENATE JOINT RESOLUTION 3
1 2
1 3 A JOINT RESOLUTION
1 4 AUTHORIZING THE SIXTH JUDICIAL DISTRICT DEPARTMENT OF
1 5 CORRECTIONAL SERVICES TO EXTEND OR ENTER INTO A NEW
1 6 LEASE-PURCHASE AGREEMENT AND PROVIDING AN EFFECTIVE DATE.
1 7
1 8 WHEREAS, the sixth judicial district department of
1 9 correctional services entered into a lease-purchase agreement
1 10 with Merchants National Bank of Cedar Rapids on April 1, 1991,
1 11 for real property located in Johnson and Linn counties where
1 12 the current community-based correctional facilities are now
1 13 located; and
1 14 WHEREAS, the lease-purchase agreement was assigned to
1 15 Firstar Bank of Milwaukee; and
1 16 WHEREAS, the sixth judicial district department of
1 17 correctional services is desirous to exercise an option in the
1 18 lease-purchase agreement to acquire approximately ten acres of
1 19 real property located next to the community-based correctional
1 20 facility in Cedar Rapids, Iowa, or is desirous to enter into a
1 21 new lease-purchase agreement to refund the current lease-
1 22 purchase agreement and to acquire such property; and
1 23 WHEREAS, the current lease-purchase agreement is for a term
1 24 commencing on April 25, 1991, and ending on June 1, 2006; and
1 25 WHEREAS, if a new lease-purchase agreement is entered into,
1 26 the term would commence in the year 2001, and end on June 1,
1 27 2008; and
1 28 WHEREAS, the sixth judicial district department of
1 29 correctional services requests authorization from the general
1 30 assembly pursuant to Code section 905.4, subsection 5, for an
1 31 extension of the lease-purchase agreement with Firstar Bank of
1 32 Milwaukee; and
1 33 WHEREAS, the sixth judicial district department of
1 34 correctional services requests authorization to enter into a
1 35 new lease-purchase agreement in lieu of extending the current
2 1 lease-purchase agreement if the district department so
2 2 desires; and
2 3 WHEREAS, the requested extension of the lease-purchase
2 4 agreement is for a term commencing on June 1, 2006, and ending
2 5 on June 1, 2008; and
2 6 WHEREAS, current funding is adequate to meet the extension
2 7 of or entering into a new lease-purchase obligation and no
2 8 general fund moneys need to be appropriated to extend or enter
2 9 into a new lease-purchase agreement; NOW THEREFORE,
2 10
2 11 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
2 12
2 13 Section 1. AUTHORIZATION BY GENERAL ASSEMBLY. The general
2 14 assembly pursuant to Code section 905.4, subsection 5,
2 15 authorizes the sixth judicial district department of
2 16 correctional services to extend for a period of two years,
2 17 from June 1, 2006, through June 1, 2008, the lease-purchase
2 18 agreement entered into with Merchants National Bank of Cedar
2 19 Rapids on April 1, 1991, and assigned to Firstar Bank of
2 20 Milwaukee for the acquisition of approximately ten acres of
2 21 real property located next to the community-based correctional
2 22 facility in Cedar Rapids, Iowa. The general assembly also
2 23 authorizes the sixth judicial district department of
2 24 correctional services, in lieu of extending the current lease-
2 25 purchase agreement, to enter into a new lease-purchase
2 26 agreement for a period beginning in the year 2001 and
2 27 extending through June 1, 2008, for the purpose of refunding
2 28 the current lease-purchase agreement and financing the
2 29 acquisition of approximately ten acres of real property
2 30 located next to the community-based correctional facility in
2 31 Cedar Rapids, Iowa. The general assembly acknowledges that
2 32 the sixth judicial district department of correctional
2 33 services has adequate funding to meet the extension or
2 34 entering into of a new lease-purchase agreement and that no
2 35 state general fund appropriations need to be made to extend or
3 1 enter into a new lease-purchase agreement.
3 2 Sec. 2. EFFECTIVE DATE. This joint resolution, being
3 3 deemed of immediate importance, takes effect upon enactment.
3 4
3 5
3 6
3 7 MARY E. KRAMER
3 8 President of the Senate
3 9
3 10
3 11
3 12 BRENT SIEGRIST
3 13 Speaker of the House
3 14
3 15 I hereby certify that this resolution originated in the
3 16 Senate and is known as Senate Joint Resolution 3,
3 17 Seventy-ninth General Assembly.
3 18
3 19
3 20
3 21 MICHAEL E. MARSHALL
3 22 Secretary of the Senate
3 23 Approved , 2001
3 24
3 25
3 26
3 27 THOMAS J. VILSACK
3 28 Governor
Text: SJR00002 Text: SJR00004 Text: SJR00000 - SJR00099 Text: SJR Index Bills and Amendments: General Index Bill History: General Index
© 2001 Cornell College and League of Women Voters of Iowa
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