Connecticut General Statutes
Chapter 59 - State Real Property
Section 4b-37. (Formerly Sec. 4-128c). - Terms of option to buy in lease agreement.

In any lease entered into pursuant to sections 4b-35 to 4b-39, inclusive, which grant the state an option to buy where the option price is to be paid in installments over a stated period of time, such installments shall be described in the lease so as to identify clearly those portions of the installments which represent interest, taxes or any other item the identification of which will promote the most economical and advantageous terms to the state.

(1971, P.A. 572, S. 4.)
History: Sec. 4-128c transferred to Sec. 4b-37 in 1989.

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Structure Connecticut General Statutes

Connecticut General Statutes

Title 4b - State Real Property

Chapter 59 - State Real Property

Section 4b-1. (Formerly Sec. 4-126). - Duties of Commissioner of Administrative Services.

Section 4b-1a. - Public Works Capital Projects Revolving Fund.

Section 4b-1b. - Transfer of authority from former Department of Construction Services to Department of Administrative Services.

Section 4b-1c. - Commissioner and Department of Construction Services substituted for former commissioners and departments.

Section 4b-2. (Formerly Sec. 4-26e). - Commissioner of Administrative Services' reports and records of realty transactions; authorized consultations.

Section 4b-2a. - Council to monitor construction management policies and practices of the Department of Public Works established. Advisory groups.

Section 4b-3. (Formerly Sec. 4-26a). - State Properties Review Board established. Commissioner of Administrative Services' powers in state realty transactions. Review by board of transactions, contracts and acquisition of development rights. Appeals.

Section 4b-4. (Formerly Sec. 4-26f). - Filing of statements of financial interests.

Section 4b-5. (Formerly Sec. 4-26g). - Expenses of the Properties Review Board.

Section 4b-11. (Formerly Sec. 4-24). - Supervision of state property. Trespass upon state property. Penalty.

Section 4b-12. (Formerly Sec. 4-133). - Control of certain state property in Hartford. Control of leased state property outside Hartford.

Section 4b-13. (Formerly Sec. 4-27a). - Parking areas on state property. Programs to encourage state employees to use mass transportation.

Section 4b-13a. - State agency electric vehicle charging stations. Parking restrictions, time limits and fees. Penalty.

Section 4b-14. (Formerly Sec. 4-130). - Flags on state buildings.

Section 4b-14a. - Display or use of certain United States or Connecticut state flags. Manufacturing requirement.

Section 4b-15. - Policy to reduce use of disposable and single-use products and to separate and collect recyclable items.

Section 4b-15a. - Cleaning products in state buildings.

Section 4b-15b. - Indoor air quality in buildings purchased or leased by the state.

Section 4b-16. - Outdoor luminaires on the grounds of state buildings or facilities.

Section 4b-17. - Capitol Area System and energy production plant in Hartford. Purchase by state. Nonwaiver of sovereign immunity. Operation of system. Authority of Commissioner of Administrative Services. Public works heating and cooling energy revol...

Section 4b-21. (Formerly Sec. 4-26). - Purchase, sale or exchange of land for the state. Process for disposition of surplus state property.

Section 4b-21a. - State properties improvement account.

Section 4b-22. (Formerly Sec. 4-27). - Real property or rights or interests in real property acquired by the state by gift, devise or exchange.

Section 4b-22a. - Easements. Grant and acquisition.

Section 4b-23. (Formerly Sec. 4-26b). - State facility plan. Responsibilities of Secretary of the Office of Policy and Management, Commissioner of Administrative Services and Properties Review Board.

Section 4b-23a. - State Real Property Advisory Commission.

Section 4b-24. (Formerly Sec. 4-26c). - Commissioner of Administrative Services' duties re state realty. Audits of projects.

Section 4b-24a. - Commissioner of Administrative Services to consider proximity of state facility to railroads or motor bus routes when leasing or purchasing.

Section 4b-24b. - Construction contracts. Total cost basis projects. Requirements.

Section 4b-25. (Formerly Sec. 4-126b). - Acceptance of title transfer on acquisition of property.

Section 4b-26. (Formerly Sec. 4-26d). - State realty contracts, compliance and enforcement. Tax escalation clauses; Attorney General's duties.

Section 4b-27. (Formerly Sec. 4-26i). - Disclosure of state realty needs. Unauthorized disclosure class A misdemeanor.

Section 4b-28. (Formerly Sec. 4-36a). - Notice of proposed change in use of state-supervised property. Notice of construction or enlargement of building or underground utility facility.

Section 4b-29. (Formerly Sec. 4-133a). - Allocation of facilities to state agencies.

Section 4b-30. (Formerly Sec. 4-128). - Offices for state agencies. Leases. Compliance.

Section 4b-30a. - Sublease of land or buildings and facilities leased to the state.

Section 4b-31. (Formerly Sec. 4-27b). - Colocation and integration of human services.

Section 4b-31a. - Plan for colocation of family resource centers and school-based health clinics.

Section 4b-32. (Formerly Sec. 4-26h). - Renewal of state leases.

Section 4b-33. (Formerly Sec. 4-127b). - Disclosure of persons having financial interest in property leased by state.

Section 4b-34. (Formerly Sec. 4-127c). - Advertising for space. List of prospective lessors. Space inventory. Notice to Connecticut Association of Realtors. Leasing from political subdivisions.

Section 4b-34a. - Exemption from approval process for emergency leases.

Section 4b-35. (Formerly Sec. 4-128a). - Lease of state-owned land to private developers. Lease back with option to purchase.

Section 4b-36. (Formerly Sec. 4-128b). - Contracts for construction of buildings or facilities on state-owned land. Lease to state with provision to purchase.

Section 4b-37. (Formerly Sec. 4-128c). - Terms of option to buy in lease agreement.

Section 4b-38. (Formerly Sec. 4-128d). - Lease of state-owned land or buildings for municipal or private use.

Section 4b-39. (Formerly Sec. 4-128e). - Tax exemption.

Section 4b-40 (Formerly Sec. 4-128f) and 4b-41. - State lease of certain property for courthouse in Norwich; conveyance to state at end of lease term; exempt from property tax and included as if owned by state in computing grant in lieu of taxes on s...

Section 4b-46. - Property subject to a long-term financing contract exempt from property tax.

Section 4b-47. - Sale or transfer of state land or interest in state land by state agency. Notice. Publication. Comment period. Duties of Commissioner of Energy and Environmental Protection. Exceptions.