Senate File 2315 - Introduced
SENATE FILE
BY COMMITTEE ON STATE
GOVERNMENT
(SUCCESSOR TO SF 2284)
Passed Senate, Date Passed House, Date
Vote: Ayes Nays Vote: Ayes Nays
Approved
A BILL FOR
1 An Act relating to the sale of certain farmland by Iowa state
2 university of science and technology to the department of
3 natural resources and providing for the appropriation and use
4 of proceeds from the sale.
5 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
6 TLSB 6036SV 81
7 kh/je/5
PAG LIN
1 1 Section 1. SALE OF RHODES RESEARCH FARM.
1 2 1. Iowa state university of science and technology shall
1 3 develop a plan to sell the two=thousand=eight=acre tract of
1 4 land located near the town of Rhodes in Marshall county
1 5 commonly referred to as the Iowa state university Rhodes
1 6 research farm to the Iowa department of natural resources for
1 7 purposes of the clear creek lake project. Prior to
1 8 implementing the plan, the university shall submit the plan to
1 9 the state board of regents for review and approval.
1 10 Appraisals conducted by the university of the value of any
1 11 portion of the tract shall be made available to the public
1 12 immediately following the sale of that portion of the tract.
1 13 2. The proceeds from the sale of the property as provided
1 14 in subsection 1 are appropriated to and shall be retained by
1 15 Iowa state university of science and technology for use by the
1 16 Iowa state university college of agriculture.
1 17 3. The provisions of section 262.9, subsection 7, and
1 18 section 262.10 shall not apply to the sale of any portion of
1 19 land to be sold in accordance with this section or to the use
1 20 of the proceeds from the sale of the land, except that no
1 21 member of the board or any of its committees, offices, or
1 22 agencies, nor any officer of any institution, shall be
1 23 directly or indirectly interested in such purchase or sale.
1 24 4. By December 15 annually, the state board of regents
1 25 shall submit a report of the activities and costs of the sale
1 26 of any property in accordance with subsection 1, including but
1 27 not limited to the use of any proceeds from the sale of the
1 28 property and the environmental cleanup costs for any proposed
1 29 sale in accordance with this section, to the general assembly
1 30 in accordance with section 7A.11A, and to the legislative
1 31 services agency, until such time as the sale of the property
1 32 is complete and the proceeds have been expended by the
1 33 university, at which time the state board of regents shall
1 34 submit a final report on the sale of the property and use of
1 35 the proceeds to the general assembly in accordance with
2 1 section 7A.11A and to the legislative services agency.
2 2 EXPLANATION
2 3 This bill requires Iowa state university (ISU) of science
2 4 and technology to develop a plan to sell the 2,008=acre Rhodes
2 5 research farm, located near the town of Rhodes in Marshall
2 6 county, to the department of natural resources for purposes of
2 7 the clear creek lake project. The bill appropriates any
2 8 proceeds from the sale of the property to ISU for use by the
2 9 university's college of agriculture.
2 10 Prior to implementing the plan, the university shall submit
2 11 the plan to the state board of regents for review and
2 12 approval. Appraisals conducted by the university of the value
2 13 of any portion of the tract shall be made available to the
2 14 public immediately following the sale of that portion of the
2 15 tract.
2 16 The bill requires ISU to submit its plan to the board for
2 17 review and approval prior to implementing the plan and
2 18 prohibits anyone on the board and any officer of the
2 19 institution from having an interest in the sale. However, the
2 20 bill exempts the sale of the Rhodes research farm and the use
2 21 of the proceeds from the sale from current Code provisions
2 22 that require the board to acquire real estate for the proper
2 23 uses of institutions under its control, and to dispose of real
2 24 estate belonging to the institutions when not necessary for
2 25 their purposes, and which prohibits the sale of real estate
2 26 except upon the order of the board, at a regular meeting, or
2 27 one called for that purpose, and in such manner and under such
2 28 terms as the board may prescribe.
2 29 By December 15 annually, until the property is sold and the
2 30 proceeds expended, the board must submit a report of the
2 31 activities and costs of the sale of the Rhodes property,
2 32 including but not limited to the use of any proceeds from the
2 33 sale of the property and the environmental cleanup costs for
2 34 any proposed sale, to the general assembly and the legislative
2 35 services agency. The board must also provide a final report
3 1 once the sale of the property is complete and the proceeds
3 2 have been expended.
3 3 LSB 6036SV 81
3 4 kh:rj/je/5