(1) The general assembly hereby finds and declares that:
Due to insufficient funding, necessary high-priority state highway projects and statecapital construction projects, including projects at state institutions of higher education, in all areas of the state have been delayed, and the state has also delayed critical controlled maintenance and upkeep of state capital assets;
By issuing lease-purchase agreements using state buildings as collateral as authorized by this part 13, the state can generate sufficient funds to accelerate the completion of many of the necessary high-priority state highway projects and capital construction projects that have been delayed and better maintain and preserve existing state capital assets;
It is the intent of the general assembly that a majority of the additional funding forstate capital construction projects realized from issuing lease-purchase agreements be used for controlled maintenance and upkeep of state capital assets.
Source: L. 2017: Entire part added, (SB 17-267), ch. 267, p. 1442, § 12, effective May 30.