Bill
Number: H.B. 2835
Fann
Floor Amendment
Reference
to: FINANCE Committee amendment
Amendment
drafted by: Leg Council
FLOOR
AMENDMENT EXPLANATION
1. Requires a theme park
district that has issued bonds to provide in a lease or use agreement that the
lessee or user may not relocate, significantly reduce its operation or
terminate its agreement with the district until the bonds are full repaid.
2.
Applies the following prohibitions to a theme park district
if the theme park district issues bonds:
a) the
lessee or user may not move to a location in another state until the bonds are
fully repaid; and
b)
the
lessee or user may not be a participant in a different theme park district or
participate in an agreement to use or construct a professional sports stadium
or field in a location outside the theme park district, except a training
stadium or field, until the bonds are fully repaid.
3. Requires an established
theme park district to consist of only contiguous property within the city
establishing the district.
4. Removes a city with a
population of 3,000 persons or more from the authorized cities that may
participate in establishing a theme park district.
5. Requires a city with a
population of more than 1,000,000 persons that establishes a theme park
district to be located entirely within the county participating in the
establishment of the district.
6. Makes technical and
conforming changes.
Page 1,
before line 1, insert:
"Page
1, strike lines 25 through 43, insert "persons and a city
with a population of more than three thousand persons but less than five
thousand persons that and in which the city is
located entirely in that county may establish in any combination
that includes the county a theme park district as provided by this
chapter. For the purposes of this subsection, the population shall be
determined according to the most recent population estimate data produced by
the office of economic opportunity at the time the district is established.
The district may include theme park sites in one or both cities
or in the county only the city establishing the
district, or in any combination of a city or cities and a county,
including a combination of a county with a population of more than one hundred
twenty-five thousand but less than one hundred fifty thousand persons and
a city with a population of more than three thousand persons but less than five
thousand persons that is located entirely in that county. The
city or cities and the county shall establish the
geographical boundaries of the district, which shall include only the sites of
the theme parks and which shall consist of only contiguous
property. The district may be established with a single theme
park site. , Any
additional sites may be added after the district is initially established and
the geographical boundaries of the district may be revised after it is
initially established, except that the district shall continue
to consist of only contiguous property in that city.""
Page 1, line
7, strike "more populous"
Line 8,
strike "of the two cities" insert "city"
Strike lines
9 and 10
Renumber to
conform
Page 2,
between lines 1 and 2, insert:
"Page
3, line 11, after the period insert "If the district issues
bonds, the following apply until the bonds are fully repaid:
(a) The
district shall provide in its lease or use agreement with the lessee or user
that the lessee or user may not RELOCATE, significantly reduce its operation or
terminate its agreement with the district.
(b) The
lessee or user may not move to a location in another state.
(c) The
lessee or user may not be a lessee or user or OTHERWISE be a PARTICIPANT in a
different district or use or participate in an agreement to use or construct a
PROFESSIONAL sports STADIUM or field in a location outside the district other
than for a training stadium or field."
Strike lines
20 and 21, insert "furnishing and maintenance of one or more contiguous theme parks that shall be located
only in both the city or cities and the
county establishing the district. The district shall own"
Line
29, strike "reconvened" insert "reconveyed""
Amend title to conform