41-1531
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41-1531. Designating military reuse zone; term; renewal A. After executing a lease with a term of fifteen years or longer for the use or occupancy of real property or improvements that are located on a closed military facility with a runway that is at least eight thousand feet long at closing or after title to any part of a closed military facility with a runway that is at least eight thousand feet long at closing is transferred to this state or to another public or private entity, the governor, after consulting with the director of the department of commerce, may designate the property as a military reuse zone. Only properties that were used for operational and training purposes of the active uniformed services of the United States qualify for consideration as a military reuse zone. B. The governor shall set a termination date for the military reuse zone that is not more than ten years after the date the zone is designated. During the last year before termination the governor may renew the military reuse zone for one term of ten years. Thereafter, the legislature and the governor by joint resolution may renew the military reuse zone for additional ten year terms. |