CHAPTER 132
HB 305-A - FINAL VERSION
5jan00.....2126h
3/16/00 3755s
13april00.....4175-EBA
2000 SESSION
09/01
HOUSE BILL 305-A
AN ACT relative to a lease-purchase agreement between Cheshire county and the state for construction of a new district courthouse to be located in the town of Jaffrey and increasing a capital appropriation to the department of safety.
SPONSORS: Rep. Royce, Ches 9; Rep. Manning, Ches 9; Rep. Peterson, Hills 8; Rep. Avery, Ches 8; Rep. Lynch, Ches 19; Sen. Fernald, Dist 11; Sen. Blaisdell, Dist 10
COMMITTEE: Public Works and Highways
This bill authorizes a lease purchase agreement between Cheshire county and the state for construction of a new district courthouse to be located in the town of Jaffrey.
The bill also increases a capital appropriation to the department of safety for design and construction of Troop D Barracks/DMC training.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
5jan00.....2126h
3/16/00 3755s
13april00.....4175-EBA
99-0093
09/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand
AN ACT relative to a lease-purchase agreement between Cheshire county and the state for construction of a new district courthouse to be located in the town of Jaffrey and increasing a capital appropriation to the department of safety.
Be it Enacted by the Senate and House of Representatives in General Court convened:
132:1 Cheshire County; Department of Administrative Services; Lease-Purchase Agreement for Construction of District Courthouse Authorized.
I. The department of administrative services and Cheshire county are authorized to enter into a lease-purchase agreement for the construction of a new district courthouse to be located in the town of Jaffrey in Cheshire county.
II. If Cheshire county and the department of administrative services enter into such an agreement, the county shall issue bonds in an amount up to $2,600,000 to pay the costs of construction of the courthouse. No portion of this bond issue shall be used to fund any project other than the courthouse. The bonds shall be 20-year bonds.
III. Cheshire county shall lease the building to the state. The lease-purchase agreement shall include a requirement that the state pay the annual amortization charges, meaning principal and interest, on the original costs resulting from the construction of the courthouse from the general fund. The term "original costs", as used in this section, shall mean the entire cost of the construction of the courthouse. When all amortization charges have been paid by the state, the state shall be deemed to have purchased the courthouse.
132:2 Capital Appropriation; Department of Safety. Amend 1999, 226:4, II, A to read as follows:
A. Design and construct Troop D barracks/DMC training [$ 910,000] $1,510,000
132:3 Totals Increased. Amend 1999, 226:4, II by replacing the total state appropriation paragraph II and the total state appropriation section 4 with the following:
Total state appropriation paragraph II [$1,194,000] $1,794,000
Total state appropriation section 4 [$8,819,000] $9,419,000
132:4 Bonds Authorized Increased. Amend 1999, 226:8 to read as follows:
226:8 Bonds Authorized. To provide funds for the total of the appropriations of state funds made in sections 1, 2, 3, and 4 of this act, the state treasurer is hereby authorized to borrow upon the credit of the state not exceeding the sum of [$59,425,314] $60,025,314 and for said purposes may issue bonds and notes in the name of and on behalf of the state of New Hampshire in accordance with the provisions of RSA 6-A.
132:5 Effective Date.
I. Section 1 of this act shall take effect July 1, 2000.
II. The remainder of this act shall take effect upon its passage.
(Approved: May 8, 2000)
(Effective Date: I. Section 1 shall take effect July 1, 2000
II. Remainder takes effect May 8, 2000)
LBAO
99-0093
Amended 1/24/00
HB 305 FISCAL NOTE
AN ACT relative to a lease-purchase agreement between Cheshire county and the state for construction of a new district courthouse to be located in the town of Jaffrey.
FISCAL IMPACT:
The Department of Administrative Services indicates that this bill, as amended by the House, will increase state expenditures by $378,000 in FY 2002 and by $357,000 in FY 2003 and each year thereafter. This bill will increase county revenue and expenditures by $284,000 in FY 2002 and each year thereafter. There is no fiscal impact on state and local revenue or local expenditures.
METHODOLOGY:
The Department determined the fiscal impact of this bill by assuming that the proposed Jaffrey District Courthouse would be a 20,000 square foot facility, constructed and bonded by Cheshire County at a cost of $2.6 million. The state will pay rent to cover the county's repayment of the bonded construction cost over twenty years at an annual rate of $284,000. This repayment will be reflected as a revenue and expenditure on Cheshire County's records. The state will pay all operating costs for this facility, including maintenance costs, manpower for building and grounds maintenance, building security, and utilities. These operating costs are expected to total $126,278. The state will also incur one-time expenses of $21,200 for equipment and moving expenses.
The state presently pays $53,230 for the facility used as the Jaffrey/Peterborough District Court, which will no longer be incurred when the new facility becomes operational.