SB352,47,25 23114.62 Powers of authority. The authority has all of the powers necessary
24or convenient to carry out the purposes and provisions of this chapter. In addition
25to all other powers granted by this chapter, the authority may do any of the following:
SB352,48,2
1(1) Adopt bylaws and policies and procedures for the regulation of its affairs
2and the conduct of its business.
SB352,48,6 3(2) Sue and be sued. The authority has a direct right of action against any 3rd
4party to enforce any provision of this subchapter or to carry out any power provided
5to it under this subchapter or to protect its interests as authorized under this
6subchapter.
SB352,48,8 7(3) Have a seal and alter the seal at pleasure; have perpetual existence; and
8maintain an office.
SB352,48,13 9(4) Hire employees, define their duties, and fix their rate of compensation and
10benefits. The authority may also employ any agent or special advisor that the
11authority finds necessary and fix his or her compensation. The amount of
12reimbursement to any employee, agent, or special advisor shall be limited to the
13uniform travel schedule amounts approved under s. 20.916 (8).
SB352,48,18 14(5) Appoint any technical or professional advisory committee that the
15authority finds necessary to assist the authority in exercising its duties and powers;
16define the duties of any committee; and provide reimbursement for the expenses of
17any committee. The amount of reimbursement under this subsection shall be limited
18to the uniform travel schedule amounts approved under s. 20.916 (8).
SB352,48,21 19(6) Buy, sell, lease as lessor or lessee, or otherwise acquire any interest in or
20dispose of any interest in property, including real property, personal property, and
21intangible property rights.
SB352,49,4 22(7) Make and execute contracts and other legal instruments necessary or
23convenient for the conduct of its business or to the exercise of its powers, including:
24procurement contracts; lease or rental agreements; lease-purchase, purchase and
25sale, and option to purchase agreements; consulting agreements; loan agreements;

1financing agreements; security agreements; contractual services agreements;
2affiliation agreements; and cooperative agreements with any governmental unit or
3other person, including agreements for any jointly provided service or jointly
4developed or operated facility.
SB352,49,7 5(8) Accept gifts, bequests, contributions, and other financial assistance, in the
6form of money, property, or services, from any person, for the conduct of its business
7or for any other authorized purpose.
SB352,49,11 8(9) Apply for and accept loans, grants, advances, aid, and other forms of
9financial assistance or funding, in the form of money, property, or services, from any
10person, including federal aid, for the conduct of its business or for any other
11authorized purpose.
SB352,49,13 12(10) Acquire, own, lease, construct, develop, plan, design, establish, create,
13improve, enlarge, reconstruct, equip, finance, operate, manage, and maintain:
SB352,49,1614 (a) Any spaceport, spaceport territory, spaceport facility, aerospace facility, or
15other facility or site within this state related to conducting the business or exercising
16the powers of the authority.
SB352,49,1817 (b) Any spacecraft or other vehicle or aircraft related to conducting the business
18or exercising the powers of the authority.
SB352,49,2019 (c) Any program or project related to conducting the business or exercising the
20powers of the authority.
SB352,49,2521 (d) Any intangible property right, including any patent, trademark, service
22mark, copyright, trade secret, certification mark, or other right acquired under
23federal or state law, common law, or the law of any foreign country. The authority
24may utilize such rights for any permissible purpose under law, including licensing
25such rights in exchange for payment of royalties.
SB352,50,2
1(11) Offer, provide, furnish, or manage, and enter into contracts related to, any
2service or facility of the authority.
SB352,50,5 3(12) Establish and collect fees, rents, rates, tolls, and other charges and
4revenues in connection with any service provided by the authority or the use of any
5facility of the authority.
SB352,50,7 6(13) Issue bonds in accordance with ss. 114.70 to 114.76 and fund any
7spaceport, facility, or service of the authority with bond proceeds.
SB352,50,9 8(14) Borrow money or incur debt other than through bond issuance, and pledge
9property or revenues or provide other security for such debt.
SB352,50,10 10(15) Invest funds held by the authority, including investments under s. 25.50.
SB352,50,13 11(16) Procure liability insurance covering its officers, employees and agents,
12insurance against any loss in connection with its operations, property, and assets,
13and insurance on its debt obligations.
SB352,50,14 14(17) Exercise the right of eminent domain in the manner provided by ch. 32.
SB352,50,17 15(18) Provide for and maintain wildlife conservation areas, and prohibit or
16control the pollution of air and water, in any spaceport or spaceport territory, beyond
17what is required under state or federal law.
SB352,50,19 18(19) Specify the location of any utility facilities in any spaceport or spaceport
19territory.
SB352,50,21 20(20) Divide any spaceport or spaceport territory into zones or districts of any
21number or shape.
SB352,50,24 22(21) Prohibit any person from using the words "WISCONSIN SPACEPORT"
23or "SPACEPORT WISCONSIN" in any corporate or business-related name without
24prior written approval of the authority.
SB352,51,3
1(22) Subject to any requirement of federal law and to any duty of the
2department specified under this chapter, maintain exclusive jurisdiction over
3spaceports of the authority.
SB352,51,4 4114.63 Duties of authority. The authority shall do all of the following:
SB352,51,6 5(1) Establish a spaceport in this state in the city of Sheboygan in Sheboygan
6County.
SB352,51,10 7(2) Promote this state's aerospace industry; analyze trends in the aerospace
8industry and recommend actions to be taken by this state to compete in the global
9aerospace industry; and coordinate access to commercial, technical, and general
10aerospace information and services.
SB352,51,13 11(3) Advertise and promote to the public the development and utilization of
12spaceport facilities, spaceport services, aerospace facilities, and aerospace services
13of the authority.
SB352,51,17 14(4) Develop, promote, attract, and maintain space-related businesses in this
15state, which may include expenditures for travel, entertainment, and hospitality for
16business clients or guests or other authorized persons, but such expenditures shall
17be limited to the uniform travel schedule amounts approved under s. 20.916 (8).
SB352,51,21 18(5) Provide aerospace services to the aerospace industry and general public of
19this state, provide commercial and noncommercial aerospace business opportunities
20for industry, education, and government, and develop projects within this state to
21foster and improve aerospace economic growth.
SB352,51,25 22(6) Advise, cooperate, and coordinate with federal, state, and local
23governmental units, the aerospace industry, educational organizations, businesses,
24and the Wisconsin Space Grant Consortium, and any other person interested in the
25promotion of space-related industry.
SB352,52,3
1(7) Furnish leadership in securing adequate funding for spaceports, spaceport
2facilities, spaceport services, aerospace facilities, and aerospace services in this
3state.
SB352,52,7 4(8) Act as a central clearinghouse and source of information in this state for
5spaceports, spaceport facilities, spaceport services, aerospace facilities, and
6aerospace services, including furnishing such information to legislators, offices of
7government, educational institutions, and the general public.
SB352,52,14 8(9) Develop a business plan to promote and facilitate spaceport-related
9educational and commercial development in this state, and to stimulate and improve
10aerospace science, design, technology, and research in this state, which plan shall
11include information about the authority and information and analysis about
12space-related industry, technology, design, manufacturing, marketing, and
13management. The business plan shall be developed in cooperation with the
14Wisconsin Space Grant Consortium.
SB352,52,16 15(10) Assist any state agency, municipality, or other governmental unit, upon
16its request, in the development of any spaceport or spaceport facility.
SB352,52,18 17(11) Use the building commission as a financial consultant to assist and
18coordinate the issuance of bonds under this subchapter.
SB352,52,21 19(12) Comply with all applicable state and federal laws, including all
20environmental and aeronautics laws, in the exercise of the powers specified under
21this subchapter.
SB352,52,25 22(13) Comply with all requirements under federal law related to the use or
23expenditure of federal aid, and comply with all lawful restrictions or conditions
24imposed by state law or by the terms of any gift, bequest, grant, loan, aid,
25contribution, or financial assistance relating to the use or expenditure of such funds.
SB352,53,4
1(14) To the extent permitted by applicable state and federal law, attempt to
2involve and utilize, with respect to any facility or service provided by the authority,
3disadvantaged individuals, disadvantaged businesses, and minority businesses, as
4those terms are defined in s. 84.076 (1) (a) to (c).
SB352,53,7 5(15) Establish a safety program that includes the development and
6implementation of a loss prevention program, safety policies, and regular and
7periodic facility and equipment inspections.
SB352,53,8 8(16) Attempt to procure adequate liability and property insurance.
SB352,53,10 9(17) Subject to s. 114.64, establish the authority's annual budget and monitor
10the fiscal management of the authority.
SB352,53,16 11114.64 Annual reports. (1) The authority shall keep an accurate account of
12all of its activities and of all of its receipts and expenditures, and shall annually in
13January make a report of its activities, receipts, expenditures, and financial
14condition to the governor and the chief clerk of each house of the legislature, for
15distribution to the legislature under s. 13.172 (2). The reports shall be in a form
16approved by the state auditor.
SB352,53,22 17(2) (a) Within 180 days after the effective date of this paragraph .... [revisor
18inserts date], or within 60 days after the authority receives from any public or private
19source money sufficient to fund the cost of preparing a business plan, whichever is
20later, the authority shall submit to the department of administration the business
21plan specified under s. 114.63 (9) and an estimate of the costs of and funding for any
22planned projects of the authority described in s. 114.62 (10).
SB352,53,2423 (b) The authority shall update and resubmit the plan under par. (a) upon the
24request of the department of administration.
SB352,54,4
1(3) For each fiscal year in which the authority receives operating revenues, the
2authority shall submit to the department of administration an audited financial
3statement, which shall include notes that explain in detail the specific sources of
4funding contained in the financial statement.
SB352,54,8 5114.65 Maintenance of records. (1) (a) Subject to rules promulgated by the
6department of administration under s. 16.611, the authority may transfer to or
7maintain in optical disk or electronic format any record in its custody and retain the
8record in that format only.
SB352,54,129 (b) Subject to rules promulgated by the department of administration under s.
1016.611, the authority shall maintain procedures to ensure the authenticity, accuracy,
11reliability, and accessibility of records transferred to or maintained in optical disk or
12electronic format under par. (a).
SB352,54,1613 (c) Subject to rules promulgated by the department of administration under s.
1416.611, if the authority transfers to or maintains in optical disk or electronic format
15any records in its custody, the authority shall ensure that the records stored in that
16format are protected from unauthorized destruction.
SB352,54,19 17(2) (a) Any microfilm reproduction of an original record of the authority, or a
18copy generated from an original record stored in optical disk or electronic format, is
19considered an original record if all of the following conditions are met:
SB352,54,2220 1. Any device used to reproduce the record on film or to transfer the record to
21optical disk or electronic format and generate a copy of the record from optical disk
22or electronic format accurately reproduces the content of the original.
SB352,55,223 2. The reproduction is on film which complies with the minimum standards of
24quality for microfilm reproductions, as established by rule of the public records
25board, or the copy generated from optical disk or electronic format comply with the

1minimum standards of quality for such copies, as established by rule of the
2department of administration under s. 16.611.
SB352,55,53 3. The film is processed and developed in accordance with the minimum
4standards established by the public records board. This subdivision does not apply
5to a copy generated from an electronic record.
SB352,55,86 4. The record is arranged, identified, and indexed so that any individual
7document or component of the record can be located with the use of proper
8equipment.
SB352,55,149 5. The custodian of the record designated by the authority executes a statement
10of intent and purpose describing the record to be reproduced or transferred to optical
11disk or electronic format and the disposition of the original record, and executes a
12certificate verifying that the record was received or created and microfilmed or
13transferred to optical disk or electronic format in the normal course of business and
14files the statement in the offices of the authority.
SB352,55,1715 (b) The statement of intent and purpose executed under par. (a) 5. is
16presumptive evidence of compliance with all conditions and standards prescribed by
17this subsection.
SB352,55,24 18(3) (a) Any microfilm reproduction of a record of the authority meeting the
19requirements of sub. (2) or copy of a record of the authority generated from an
20original record stored in optical disk or electronic format in compliance with this
21section shall be taken as, stand in lieu of, and have all the effect of the original
22document and shall be admissible in evidence in all courts and all other tribunals or
23agencies, administrative or otherwise, in all cases where the original document is
24admissible.
SB352,56,5
1(b) Any enlarged copy of a microfilm reproduction of a record of the authority
2made as provided by this section or any enlarged copy of a record of the authority
3generated from an original record stored in optical disk or electronic format in
4compliance with this section that is certified by the custodian as provided in s. 889.08
5shall have the same force as an actual-size copy.
SB352,56,11 6(4) Notwithstanding any other provision of this subchapter, the authority shall
7maintain the confidentiality of records or portions of records held by the authority
8containing any trade secret, as specified under s. 19.36 (5). Notwithstanding subch.
9V of ch. 19, any portion of any meeting of the authority concerning trade secrets shall
10be conducted in closed session and shall in all respects, including in any written
11record or audio or visual recording of the meeting, remain confidential.
SB352,56,18 12114.67 Cooperation with governmental units. To enhance the efficiency
13and effectiveness of the authority, the state, any political subdivision of the state,
14municipality, or other governmental unit may enter into cooperative agreements
15with the authority for furnishing any facility or service of the state, political
16subdivision, body politic, or other governmental unit to the authority, including fire
17and police protection, and may otherwise provide, to the extent permitted by law, any
18funds, property, or services to the authority.
SB352,57,3 19114.68 Political activities. (1) No employee of the authority may directly
20or indirectly solicit or receive subscriptions or contributions for any partisan political
21party or any political purpose while engaged in his or her official duties as an
22employee. No employee of the authority may engage in any form of political activity
23calculated to favor or improve the chances of any political party or any person seeking
24or attempting to hold partisan political office while engaged in his or her official
25duties as an employee or engage in any political activity while not engaged in his or

1her official duties as an employee to such an extent that the person's efficiency during
2working hours will be impaired or that he or she will be tardy or absent from work.
3Any violation of this section is adequate grounds for dismissal.
SB352,57,7 4(2) If an employee of the authority declares an intention to run for partisan
5political office, the employee shall be placed on a leave of absence for the duration
6of the election campaign and if elected shall no longer be employed by the authority
7on assuming the duties and responsibilities of such office.
SB352,57,9 8(3) An employee of the authority may be granted, by the executive director, a
9leave of absence to participate in partisan political campaigning.
SB352,57,12 10(4) Persons on leave of absence under sub. (2) or (3) shall not be subject to the
11restrictions of sub. (1), except as they apply to the solicitation of assistance,
12subscription, or support from any other employee in the authority.
SB352,57,16 13114.69 Liability limited. (1) Neither the state nor any political subdivision
14of the state nor any officer, employee, or agent of the state or of a political subdivision
15who is acting within the scope of employment or agency is liable for any debt,
16obligation, act, or omission of the authority.
SB352,57,18 17(2) All of the expenses incurred by the authority in exercising its duties and
18powers under this chapter shall be payable only from funds of the authority.
SB352,57,21 19114.70 Issuance of bonds. (1) The authority may issue bonds for any
20corporate purpose. All bonds are negotiable for all purposes, notwithstanding their
21payment from a limited source.
SB352,57,23 22(2) The bonds of each issue shall be payable from sources specified in the bond
23resolution under which the bonds are issued.
SB352,58,10 24(3) The authority may not issue bonds unless the issuance is first authorized
25by a bond resolution. Bonds shall bear the dates, mature at the times not exceeding

130 years from their dates of issue, bear interest at the rates, be payable at the times,
2be in the denominations, be in the form, carry the registration and conversion
3privileges, be executed in the manner, be payable in lawful money of the United
4States at the places, and be subject to the terms of redemption, that the bond
5resolution provides. The bonds shall be executed by the manual or facsimile
6signatures of the officers of the authority designated by the board. The bonds may
7be sold at public or private sale at the price, in the manner, and at the time
8determined by the board. Pending preparation of definitive bonds, the authority may
9issue interim receipts or certificates that the authority shall exchange for the
10definitive bonds.
SB352,58,13 11(4) Any bond resolution may contain provisions, which shall be a part of the
12contract with the holders of the bonds that are authorized by the bond resolution,
13regarding any of the following:
SB352,58,1414 (a) Pledging or assigning specified assets or revenues of the authority.
SB352,58,1615 (b) Setting aside reserves or sinking funds, and the regulation, investment, and
16disposition of these funds.
SB352,58,1817 (c) Limitations on the purpose to which or the investments in which the
18proceeds of the sale of any issue of bonds may be applied.
SB352,58,2219 (d) Limitations on the issuance of additional bonds, the terms upon which
20additional bonds may be issued and secured, and the terms upon which additional
21bonds may rank on a parity with, or be subordinate or superior to, the bonds
22authorized by the bond resolution.
SB352,58,2323 (e) Funding, refunding, advance refunding, or purchasing outstanding bonds.
SB352,59,3
1(f) Procedures, if any, by which the terms of any contract with bondholders may
2be amended, the amount of bonds the holders of which must consent to the
3amendment, and the manner in which this consent may be given.
SB352,59,64 (g) Defining the acts or omissions to act that constitute a default in the duties
5of the authority to the bondholders, and providing the rights and remedies of the
6bondholders in the event of a default.
SB352,59,77 (h) Other matters relating to the bonds that the board considers desirable.
SB352,59,11 8(5) Neither the members of the board nor any person executing the bonds is
9liable personally on the bonds or subject to any personal liability or accountability
10by reason of the issuance of the bonds, unless the personal liability or accountability
11is the result of willful misconduct.
SB352,59,24 12(6) No less than 14 days prior to any commitment by the authority for the
13issuance of bonds under this section, the authority shall submit the bond resolution
14to the governor, to the chief clerk of each house of the legislature for distribution to
15the legislature under s. 13.172 (2), and to the cochairpersons of the joint committee
16on finance. If, within 14 days after the date on which the bond resolution is submitted
17to the joint committee on finance, the cochairpersons of the committee do not notify
18the authority that the committee has scheduled a meeting for the purpose of
19reviewing the bond resolution, the authority may proceed with any commitment for
20the issuance of bonds under the bond resolution. If, within 14 days after the date on
21which the bond resolution is submitted to the committee, the cochairpersons of the
22committee notify the authority that the committee has scheduled a meeting to review
23the bond resolution, the authority may proceed with any commitment for the
24issuance of bonds under the bond resolution only upon approval by the committee.
SB352,60,11
1114.71 Bond security. The authority may secure any bonds issued under this
2chapter by a trust agreement, trust indenture, indenture of mortgage, or deed of
3trust by and between the authority and one or more corporate trustees. The bond
4resolution providing for the issuance of bonds so secured shall pledge some or all of
5the revenues to be received by the authority, including to the extent permitted by law
6any grant, aid, loan, or other contribution, or shall mortgage, assign, or grant
7security interests in some or all of the property of the authority, or both, and may
8contain provisions for protecting and enforcing the rights and remedies of the
9bondholders that are reasonable and proper and not in violation of law. A bond
10resolution may contain any other provisions that are determined by the board to be
11reasonable and proper for the security of the bondholders.
SB352,60,18 12114.72 Bonds not public debt. (1) The state is not liable on bonds of the
13authority and the bonds are not a debt of the state. Each bond of the authority shall
14contain a statement to this effect on the face of the bond. The issuance of bonds under
15this chapter does not, directly, indirectly, or contingently, obligate the state or any
16political subdivision of the state to levy any tax or to make any appropriation for
17payment of the bonds. Nothing in this section prevents the authority from pledging
18its full faith and credit to the payment of bonds issued under this chapter.
SB352,61,3 19(2) Nothing in this chapter authorizes the authority to create a debt of the state,
20and all bonds issued by the authority under this chapter are payable, and shall state
21that they are payable, solely from the funds pledged for their payment in accordance
22with the bond resolution authorizing their issuance or in any trust indenture or
23mortgage or deed of trust executed as security for the bonds. The state is not liable
24for the payment of the principal of or interest on any bonds of the authority or for the
25performance of any pledge, mortgage, obligation, or agreement which may be

1undertaken by the authority. The breach of any pledge, mortgage, obligation, or
2agreement undertaken by the authority does not impose any pecuniary liability upon
3the state or any charge upon its general credit or against its taxing power.
SB352,61,10 4114.73 State pledge. The state pledges to and agrees with the holders of
5bonds, and persons that enter into contracts with the authority under this chapter,
6that the state will not limit or alter the rights vested in the authority by this chapter
7before the authority has fully met and discharged the bonds, and any interest due
8on the bonds, and has fully performed its contracts, unless adequate provision is
9made by law for the protection of the bondholders or those entering into contracts
10with the authority.
SB352,61,14 11114.74 Refunding bonds. (1) The authority may issue bonds to fund or
12refund any outstanding bond, including the payment of any redemption premium on
13the outstanding bond and any interest accrued or to accrue to the earliest or any
14subsequent date of redemption, purchase, or maturity.
SB352,61,19 15(2) The authority may apply the proceeds of any bond issued to fund or refund
16any outstanding bond to purchase, retire at maturity, or redeem any outstanding
17bond. The authority may, pending application, place the proceeds in escrow to be
18applied to the purchase, retirement at maturity, or redemption of any outstanding
19bond at any time.
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