ENROLLED 2015 Regular Session HOUSE BILL NO. 694 BY REPRESENTATIVE ABRAMSON 1 AN ACT 2 To amend and reenact R.S. 17:3982(B)(2), relative to property for educational purposes in 3 Orleans Parish; to provide relative to the sale or lease of immovable property that is 4 vacant or slated to be vacant to charter school groups; to provide relative to the buy 5 back option of the Orleans Parish School Board; and to provide for related matters. 6 Notice of intention to introduce this Act has been published 7 as provided by Article III, Section 13 of the Constitution of 8 Louisiana. 9 Be it enacted by the Legislature of Louisiana: 10 Section 1. R.S. 17:3982(B)(2) is hereby amended and reenacted to read as follows: 11 ยง3982. Local school boards; duties; Orleans Parish School Board; immovable 12 property; sale or lease 13 * * * 14 B. 15 * * * 16 (2)(a) The Orleans Parish School Board shall make available to chartering 17 groups, for lease or purchase up to fair market value, any school facility or other 18 immovable property, whether improved or unimproved, that is owned by the school 19 board and that is vacant or slated to be vacant. In the case of a Type 1B or a Type 2 20 charter school created as a result of a conversion, the immovable property, including 21 any unimproved property, and all other school board property within the existing 22 school shall be made available to that chartering group. In return for the use of the 23 facility and its contents, the chartering group shall pay a proportionate share of the 24 local school board's bonded indebtedness to be calculated in the same manner as set Page 1 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. HB NO. 694 ENROLLED 1 forth in R.S. 17:1990(C)(2)(a)(i). If such facilities were constructed at no cost to the 2 local school board, then such facilities including all equipment, books, instructional 3 materials, and furniture within such facilities shall be provided to the charter school 4 at no cost. 5 (b) If a chartering group determines that a facility or property that was 6 purchased from the Orleans Parish School Board pursuant to Subparagraph (a) of this 7 Paragraph is no longer needed for an educational purpose, the group shall first offer 8 to sell the facility or property back to the Orleans Parish School Board for an amount 9 up to the previously paid purchase price, plus an amount up to the fair market value 10 of improvements paid by the chartering group from non-public funds prior to seeking 11 to dispose of it to any other person or entity. SPEAKER OF THE HOUSE OF REPRESENTATIVES PRESIDENT OF THE SENATE GOVERNOR OF THE STATE OF LOUISIANA APPROVED: Page 2 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions.