The proposed legislation would add an additional exception from the
competitive bidding requirements for housing and redevelopment authorities which,
similar to the uniform municipal contracting law, require competitive bidding for most
HRA contracts in excess of $50,000. Currently there is an exception for structured
parking facility projects constructed in conjunction with, and directly above or below
an HRA project, that are financed with the proceeds of tax increment or parking ramp
general obligation or revenue bonds, and this bill would add the additional exception
for a parking or transit facility project built for the purpose of facilitating the operation
of public transit or encouraging its use and financed with at least 60 percent of the
construction costs coming from funding provided by the federal government. A
similar bill, S.F. No. 2386, was passed out of the State and Local Government
Committee on March 15, 2004, placed on the Senate consent calendar, and passed 65
to 0. The companion bill in the House was passed by the House 126 to 5, but the bill
was vetoed by the governor.
The authority in this bill would be available until August 1, 2009, and is more
specifically targeted to an individual project than was the 2004 bill, which apparently
was the Governor's objection to that bill.
Check on the status of this bill
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