Senator Kahn asked and was granted unanimous consent to make a statement and moved that the statement be printed in the Journal.
The motion prevailed.
Senator Kahn’s statement is as follows:
Senate Concurrent Resolution No. 19 approves the conveyance of property, i.e., it approves the lease between the state and the State Building Authority and Saginaw Valley State University for the construction project that we approved last year. That project is for the College of Health and Human Services building. This project has met all of the planning approval requirements of the Joint Capital Outlay Subcommittee, the Department of Management and Budget, and The Management and Budget Act itself.
Approval of this concurrent resolution creates a contractual obligation between the state and the State Building Authority, requiring the state to make the annual rental payments to the State Building Authority as we have done before with other building projects. The State Building Authority uses these rental payments to pay the bonds sold to finance the construction. The building itself is a 90,000-square-foot facility housing the College of Health and Human Services, but it also includes the Departments of Nursing, Kinesiology, Occupational Therapy, Health Science, and Social Work.
Consistent with other State Building Authority projects for universities, this funding is based on the 75/25 state institution match. I urge the passage of this concurrent resolution.