Washington State House of Representatives Office of Program Research	BILL ANALYSIS
State Government

HB 1188

Brief Description:  Authorizing the military department to dispose at public bid of the state armory known as the Pier 91 property and acquire replacement property and improvements.

Sponsors:  Representatives Haigh, McMorris, O'Brien, Miloscia, Dunshee, Lambert, Campbell, Delvin, G. Chandler, Talcott, Quall, Reardon, Alexander, H. Sommers, Veloria, Schoesler, Esser, Anderson, Morell, Darneille and D. Schmidt ; by request of Military Department.

Brief Summary of Bill

$Authorizes the Military Department to sell, lease, or exchange the Pier 91 property in Seattle, with the proceeds restricted to acquiring real property for a new armory or readiness center and constructing or acquiring buildings and other improvements on the real property.

Hearing Date:  2/7/01

Staff:  Steve Lundin (786‑7127).

Background: 

Public land owned by the state may be sold at public auction or by sealed bid to the highest bidder, but may not be sold for less than its appraised value.

Summary of Bill: 

The Military Department is authorized to sell, lease, or exchange the state armory land in buildings in Seattle commonly know as the Pier 91 property.  An independent appraisal of the property must be made by a certified commercial real estate appraiser.  Any sale, lease, or exchange of the property must be made to the highest competent bidder for a price not less than the independently appraised value after a call for bids has been published in a newspaper of general circulation in King County.

The sale, lease, or exchange is under the direction of the Adjutant General who may proceed only if, in his opinion, the proceeds, together with other funds available to the Military Department, are sufficient to purchase or otherwise acquire other real property for a new armory or readiness center and for acquiring, constructing, furnishing, and equipping buildings and other improvements.  Proceeds from the sale, lease, or exchange are transmitted to the State Treasurer and set aside for these purposes.

Rulemaking Authority:  No express authority.

Effective Date:  Ninety days after adjournment of session in which bill is passed.

Appropriation:  None.

Fiscal Note:  Not Requested.