C.R.S. Section 24-82-102
State authorized to acquire property

  • disposition

(1)

Intentionally left blank —Ed.

(a)

On behalf of the state of Colorado and with the approval of the governor, the executive director of the department of personnel is authorized to acquire fee simple title, or any lesser interest therein, to any real property for present or future use by the state. Title to such property may be acquired by purchase, donation, financed purchase of an asset agreements, or certificate of participation agreements or by the exercise of the power of eminent domain through condemnation proceedings in accordance with law from funds appropriated by the general assembly or from funds donated to the state for the purpose. In the event that the executive director plans to acquire any real property by any of the means authorized by this subsection (1)(a), except for easements or rights-of-way, or to sell or otherwise dispose of such property, the executive director shall first submit a report to the capital development committee which outlines the anticipated use of the real property, the maintenance costs related to the property, the current value of the property, any conditions or limitations which may restrict the use of the property, and, in the event real property is acquired, the potential liability to the state which will result from such acquisition. The capital development committee shall review the reports submitted by the executive director and make recommendations to the executive director concerning the disposition of the real property. The executive director shall not acquire, sell, or otherwise dispose of any real property without considering the recommendations of the capital development committee.

(b)

Any financed purchase of an asset or certificate of participation agreement that is entered into pursuant to subsection (1)(a) of this section shall comply with the requirements of section 24-82-801.

(c)

to (e)(Deleted by amendment, L. 2009, (HB 09-1218), ch. 132, p. 570, § 3, effective July 1, 2009.)(f) As used in this section:

(I)

“Certificate of participation agreement” means any certificate evidencing a participation right of a proportionate interest in any financing agreement or the right to receive proportionate payments from the state or an agency due under any financing agreement.

(II)

“Financed purchase of an asset agreement” means a financing agreement that includes the purchase of an asset.

(2)

Intentionally left blank —Ed.

(a)

The executive director of the department of personnel, with the approval of the governor, may rent or lease any real property not presently needed for state use and, under any such lease, with specific legislative authorization, may authorize the construction by the lessee on such property of any improvement which may be suitable for state use upon the termination of the lease, which improvement becomes the property of the state upon such termination at no additional cost to the state unless such costs are paid from funds appropriated by the general assembly or donated to the state for the purpose.

(b)

Repealed.

Source: Section 24-82-102 — State authorized to acquire property - disposition, https://leg.­colorado.­gov/sites/default/files/images/olls/crs2023-title-24.­pdf (accessed Oct. 20, 2023).

24‑82‑101
Control of legislative space in the capitol, the legislative services building, and the state office building at 1525 Sherman street - responsibility of department of personnel for supervision of maintenance in capitol buildings group - exception - capitol complex master plan 24‑82‑102
State authorized to acquire property - disposition 24‑82‑102.5
Unused state-owned real property - cash fund - legislative declaration - definitions - repeal 24‑82‑103
Off-street parking - financing 24‑82‑104
Capitol thoroughfares - city and county of Denver regulation 24‑82‑105
Security for state capitol buildings group - jurisdiction of law enforcement personnel on state property 24‑82‑106
Acceptance - governor’s approval 24‑82‑107
Transfer of employees and property 24‑82‑108
State capitol building advisory committee - creation - repeal 24‑82‑109
State capitol building renovation fund 24‑82‑201
Power to grant - utilities - public streets and highways 24‑82‑202
Approval 24‑82‑203
Terms - limitations - moneys 24‑82‑204
Part 2 supplementary 24‑82‑301
Contract of purchase authorized 24‑82‑302
Acquisition and conveyance 24‑82‑401
State agency for surplus property 24‑82‑402
Director - staff 24‑82‑403
State agency - powers and duties 24‑82‑404
Delegation of power 24‑82‑405
Transfer charges 24‑82‑406
Authority to secure surplus property - revocation 24‑82‑407
Funds transferred 24‑82‑408
Purchases - how made 24‑82‑409
Revolving fund 24‑82‑501
Short title 24‑82‑502
Legislative declaration 24‑82‑503
Conveyance of state lands authorized - description 24‑82‑504
Siting of institute 24‑82‑601
Definitions 24‑82‑602
Required energy performance goal 24‑82‑701
Definitions 24‑82‑702
Financed purchase of an asset or certificate of participation agreements 24‑82‑703
Seller 24‑82‑704
Payment obligations subject to annual appropriation by the general assembly 24‑82‑705
Terms and conditions of financed purchase of an asset or certificate of participation agreements 24‑82‑706
Subsequent payments 24‑82‑707
Ancillary agreements 24‑82‑708
Fiscal rules inapplicable - independent powers 24‑82‑709
Participation by institutions of postsecondary education 24‑82‑801
Financed purchase of an asset or certification of participation agreements for acquisition of real or personal property - definition 24‑82‑802
Financed purchase of an asset or certificate of participation agreements for real property - definitions - financed purchase of an asset or certificate of participation rental cash fund 24‑82‑803
Financed purchase of an asset or certificate of participation agreements for certain capital construction projects - legislative declaration 24‑82‑901
Definitions 24‑82‑902
Outdoor lighting fixtures funded by the state - standards 24‑82‑1001
Legislative declaration - exclusion of proceeds of leveraged leasing agreements from fiscal year spending - voter approval not required 24‑82‑1002
Definitions 24‑82‑1003
Leveraged leasing 24‑82‑1004
Leased assets not subject to taxation 24‑82‑1005
Liability not created by leveraged leasing agreement - indemnification agreements 24‑82‑1201
Definitions 24‑82‑1202
Leases of buildings 24‑82‑1203
Payment obligations subject to annual appropriation by the general assembly 24‑82‑1204
Terms and conditions of lease agreements 24‑82‑1205
Ancillary agreements 24‑82‑1206
Fiscal rules inapplicable - independent powers 24‑82‑1207
Inapplicability of part 7 24‑82‑1301
Legislative declaration 24‑82‑1302
Definitions 24‑82‑1303
Financed purchase of an asset or certificate of participation agreements for capital construction and transportation projects
Green check means up to date. Up to date

Current through Fall 2024

§ 24-82-102’s source at colorado​.gov