South Carolina General Assembly
114th Session, 2001-2002

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Bill 868


                    Current Status

Bill Number:                      868
Ratification Number:              263
Act Number:                       227
Type of Legislation:              General Bill GB
Introducing Body:                 Senate
Introduced Date:                  20020115
Primary Sponsor:                  Leatherman
All Sponsors:                     Leatherman
Drafted Document Number:          l:\council\bills\gjk\20853sd02.doc
Date Bill Passed both Bodies:     20020418
Governor's Action:                S
Date of Governor's Action:        20020501
Subject:                          Francis Marion University Trustees may 
                                  enter into ground lease agreement with private 
                                  entity for on-campus student housing 
                                  facilities


                        History

Body    Date      Action Description                     Com     Leg Involved
______  ________  ______________________________________ _______ ____________
------  20020514  Act No. A227
------  20020501  Signed by Governor
------  20020425  Ratified R263
House   20020418  Read third time, enrolled for
                  ratification
House   20020417  Read second time
House   20020411  Committee report: Favorable            30 HWM
House   20020129  Introduced, read first time,           30 HWM
                  referred to Committee
Senate  20020125  Read third time, sent to House
Senate  20020124  Read second time, unanimous consent
                  for third reading on the next
                  Legislative day
Senate  20020123  Recalled from Committee                06 SF
Senate  20020115  Introduced, read first time,           06 SF
                  referred to Committee


              Versions of This Bill
Revised on January 23, 2002 - Word format
Revised on April 11, 2002 - Word format

View additional legislative information at the LPITS web site.


(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

(A227, R263, S868)

AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 59-133-60 SO AS TO AUTHORIZE THE BOARD OF TRUSTEES OF FRANCIS MARION UNIVERSITY TO ENTER INTO GROUND LEASE AGREEMENTS WITH PRIVATE ENTITIES FOR PROVIDING ALL SERVICES NECESSARY TO THE CREATION AND OPERATION OF CERTAIN CAMPUS STUDENT HOUSING FACILITIES INCLUDING, BUT NOT LIMITED TO, FINANCING, DESIGNING, CONSTRUCTING, MANAGING, OPERATING, MAINTAINING, AND RELATED SERVICES, TO PROVIDE FOR THE TERMS AND CONDITIONS OF THE GROUND LEASE AGREEMENTS INCLUDING APPROVAL BY THE BUDGET AND CONTROL BOARD.

Be it enacted by the General Assembly of the State of South Carolina:

Student housing facilities

SECTION 1. The 1976 Code is amended by adding:

"Section 59-133-60. The Board of Trustees of Francis Marion University with the approval of the Budget and Control Board may enter into one or more ground lease agreements with a private entity whereby the private entity will provide all services necessary for the creation and operation of an on-campus student housing facility including, but not limited to, financing, designing, constructing, managing, operating, maintaining, and related services. Upon expiration of the ground lease agreement term, the private entity shall surrender unto Francis Marion University, such premises with the existing buildings, other structures and improvements constructed and located thereon and therein, in the same condition as when the construction of the buildings, other structures, and improvements were completed, only natural and normal wear and tear excepted. The Budget and Control Board must first approve all ground lease agreement terms and conditions including the consideration involved, and the full faith and credit of the State toward the lease obligations must not be pledged, and any statement to the contrary is deemed null and void as a matter of public policy. The private entity may be a nonprofit organization. The Budget and Control Board approval required shall be in lieu of or a substitute for any other approval required by any other provision of law or regulation in connection with the undertaking of the private entity and Francis Marion University; however, the private entity and Francis Marion University shall adhere to fire, life, and safety codes as required by the Office of the State Engineer."

Time effective

SECTION 2. This act takes effect upon approval by the Governor.

Ratified the 25th day of April, 2002.

Approved the 1st day of May, 2002.

__________


This web page was last updated on Tuesday, December 8, 2009 at 11:14 A.M.