Colorado Code
Part 13 - State Buildings
§ 24-30-1303.5. Office of the State Architect to Prepare and Maintain Inventory of State Property - Vacant Facilities

(5.5) The office shall cause to be developed performance criteria for real property. An analysis must be made upon selected real property against the performance criteria to assess whether the selected real property should be considered for sale or other disposition if such real property is not performing and is determined not to be of sound investment value, or should be held for an identified future state need. The office may contract to maintain such inventories, develop such performance criteria, and perform such analysis and may enter exclusive brokerage agreements on behalf of state agencies and state institutions of higher education to the extent necessary to accomplish the maintenance of such inventory and such analysis. The office shall make recommendations to the capital development committee regarding various real property management strategies resulting from such analysis. This subsection (5.5) does not apply to property that is subject to the provisions of section 43-1-106 (8)(n), C.R.S.

Source: L. 83: Entire section added, p. 894, § 1, effective June 6. L. 90: (6) amended, p. 1284, § 2, effective April 3; (5.5) added, p. 1190, § 5, effective April 18. L. 91: (1) and (5.5) amended, p. 1059, § 17, effective July 1. L. 99: (6) amended, p. 690, § 11, effective August 4. L. 2003: (3.5) added, p. 963, § 3, effective July 1. L. 2007: (3.5)(e) repealed, p. 757, § 6, effective May 10. L. 2014: Entire section amended, (HB 14-1387), ch. 378, p. 1808, § 5, effective June 6. L. 2015: (1), (2), (3), (3.5), (4), (5.5), and (6) amended, (SB 15-270), ch. 296, p. 1209, § 4, effective June 5. L. 2017: (6) amended, (HB 17-1058), ch. 18, p. 59, § 5, effective March 8.
Cross references: For the legislative declaration in HB 14-1387, see section 1 of chapter 378, Session Laws of Colorado 2014.