C.R.S. Section 24-82-503
Conveyance of state lands authorized

  • description

(1)

Any other provision of law to the contrary notwithstanding, including, but not limited to, section 28-3-106, C.R.S., the adjutant general and the governor, assisted by the attorney general, may enter into an option agreement, exercisable by the federal government at any time within a five-year period, to convey, and may convey within such period, to the federal government, without compensation, approximately three hundred acres of the real property interest of the state of Colorado in section thirty-six, township three south, range seventy west of the sixth principal meridian, located in Jefferson county, or so much thereof as the governor, in consultation with the appropriate federal agency, deems necessary for purposes of a solar energy research institute. The state’s interest in this property shall not be conveyed in any other manner or for any other purpose.

(2)

Intentionally left blank —Ed.

(a)

A conveyance made pursuant to subsection (1) of this section shall be made only when the federal government is prepared to accept the conveyance according to a schedule for site preparation and construction of the facility as it deems appropriate. A conveyance made pursuant to subsection (1) of this section may be made by dividing the three hundred acres to be conveyed into two parcels. The first parcel, parcel A, may be of approximately one hundred forty-five acres, to be used for the main test site and for utility improvements. The title to parcel A shall revert to the state of Colorado after a period of five years from the date of the deed unless within such period the federal government commences construction of improvements to be made on parcel A, at which time the reversionary provision shall become null and void. The second parcel, parcel B, may be of approximately one hundred fifty-five acres, to be used for additional test sites and for office and laboratory facilities. The title to parcel B shall revert to the state of Colorado after a period of five years from the date of the deed unless within such period the federal government causes the reversionary provision concerning parcel A to become null and void.

(b)

If the reversionary provision concerning parcel A becomes null and void, parcel B shall revert to the state of Colorado twenty years from the date of the deed unless either of the following occur, at which time the reversionary provision shall become null and void:

(I)

The federal government has indicated that it has approved programs and appropriated funds and is prepared to commence construction of either an office building or laboratory building on either parcel A or parcel B; or

(II)

The federal government commences construction of permanent improvements on said parcel B.

(3)

The provisions of this section shall not apply to any interest in such property retained as state school land indemnity interest, but the state board of land commissioners, in a manner consistent with federal law and the constitution of the state, may subordinate such interest to facilitate the conveyance to the federal government pursuant to subsections (1) and (2) of this section. The procedural requirements of article 1 of title 36, C.R.S., regarding leasing or sale of state lands shall not apply to such subordination. Any subordination of the state school land indemnity interest made pursuant to this subsection (3) may contain provisions for a termination of the subordination under the same terms and conditions as reversion of the land conveyed pursuant to subsections (1) and (2) of this section.

Source: Section 24-82-503 — Conveyance of state lands authorized - description, 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

§ 24-82-503’s source at colorado​.gov