200 KAR 6:060. Lease of new construction

Link to law: http://www.lrc.ky.gov/kar/200/006/060.htm
Published: 2015

      200 KAR 6:060. Lease of new

construction.

 

      RELATES TO: KRS 56.463, 56.800,

56.803

      STATUTORY AUTHORITY: KRS 56.463(2),

(8), HB 704

      NECESSITY, FUNCTION, AND CONFORMITY:

HB 704 requires proposed new construction to be considered in state procurement

of leased office space pursuant to KRS 56.803 without going through the

build-to-suit process, so long as the proposed new construction does not

contain provision for a lease-purchase or an option to purchase by the state.

This administrative regulation is necessary in order to set minimum

requirements for documentation to be submitted with a proposal for lease of new

construction.

 

      Section 1. (1) In addition to the

information requested in the advertisement made pursuant to KRS 56.803,

proposals for new construction in response to invitations to lease office space

shall include:

      (a) Documentation of ownership of

proposed property (i.e. copy of deed or option to purchase);

      (b) Scaled plot of the site

identifying the location of the proposed building and parking area(s);

      (c) A vicinity map indicating the

location of the site;

      (d) Scaled or dimensioned floor plan

showing the exterior layout of the proposed building, including walls, doors,

windows, columns, and any other structural considerations which may affect

design of the interior space; and

      (e) Certification that the property

is properly zoned.

      (2) Subsection (1)(a), (b), and (c)

of this section shall be submitted with the initial proposal.

      (3) Subsection (1)(d) and (e) of this

section shall be submitted no later than the date of the site inspection

conducted pursuant to KRS 56.803(10).

 

      Section 2. (1) Persons with an option

to purchase property may submit a proposal to lease such property if a valid,

executed option contract is submitted with the proposal.

      (2) If a person submits a proposal to

lease property under an option contract and is awarded a lease, the purchase of

the proposed property shall be completed and proof in the form of a deed

submitted along with the signed lease contract. (25 Ky.R. 946; eff. 12-17-98.)
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