Authorizes the lease of certain state property in Orleans Parish. (8/15/10)
Impact
The enactment of SB799 will enable the state to generate revenue from the leasing of property, with the state receiving at least five percent of the appraised value of the leased land, paid biannually. This policy aims to promote better management of state assets by allowing for their use in a manner that can enhance local tourism and recreational activities. The lease could potentially lead to increased economic activity in the region surrounding Fort Pike.
Summary
Senate Bill 799 authorizes the Department of Culture, Recreation and Tourism and the commissioner of administration to lease state-owned property north of Highway 90 at Fort Pike to Rigolets Marina Inc. The lease is expected to include specific terms and conditions, including a requirement that the federal government approve the arrangement. This bill provides a structured approach to managing state property by detailing how state resources can be utilized for economic benefits.
Sentiment
Overall, the sentiment around SB799 appears to be positive among proponents who view the bill as a beneficial step towards utilizing state resources effectively for recreation and tourism. Supporters argue that leasing such properties can bolster local economies while also maintaining state control over the land. There are, however, concerns about ensuring that the leasing process safeguards public interests and does not lead to unfavorable terms for the state or its citizens.
Contention
While there may not be significant dissent regarding the bill itself, some stakeholders may question the oversight mechanism in place for managing the terms of the lease. Ensuring transparency in how the land is utilized and how revenue is generated for the state could be potential points of contention. The requirement for federal approval also introduces a layer of complication, as the terms will need to be in line with federal regulations which might lead to differing interpretations or implementation challenges.