16.848(1)(a)
(a) Except as provided in sub.
(2), the department may offer for sale or lease any state-owned real property, if the department determines that the sale or lease is in the best interest of the state, unless prohibited under the state or federal constitution or federal law or the sale is conducted as a part of a procedure to enforce an obligation to this state. Any sale may be either on the basis of public bids, with the department reserving the right to reject any bid in the best interest of the state, or on the basis of negotiated prices as determined through a competitive or transparent process. If the department receives an offer to purchase or lease property offered under this subsection, the department may submit a report to the building commission recommending acceptance of the offer. The report shall contain a description of the property and the reasons for the recommendation. The department may recommend the sale or lease of property with or without the approval of the agency, as defined in s.
16.52 (7), having jurisdiction over the property and regardless of whether the property is included in an inventory submitted under s.
13.48 (14) (d). If the building commission approves the proposed sale or lease, the department shall submit the proposed sale or lease to the joint committee on finance for approval under par.
(b).
16.848(1)(b)
(b) If the department proposes to sell or lease any property identified in par.
(a), the department shall first notify the joint committee on finance in writing of its proposed action. The department shall not proceed with the proposed action unless the proposed action is approved by the committee. Together with any notification, the department shall also provide all of the following:
16.848(1)(b)1.
1. The estimated value of the property as determined by the department and by at least one qualified privately owned assessor.
16.848(1)(b)2.
2. The full cost of retiring any remaining public debt incurred to finance the acquisition, construction, or improvement of the property.
16.848(1)(b)3.
3. A cost-benefit analysis that considers the short-term and long-term costs and benefits to the state from selling or leasing the property.
16.848(1)(b)4.
4. The length and conditions of any proposed sale or lease between this state and a proposed purchaser or lessee.
16.848(1)(b)5.
5. The estimated budgetary impact of the proposed sale or lease upon affected state agencies for at least the current and following fiscal biennium.
16.848(1)(b)5m.
5m. The methodology to ensure the competitive and transparent sale of the property.
16.848(1)(c)
(c) Except with respect to property identified in sub.
(2), if any agency, as defined in s.
16.52 (7), has authority to sell or lease real property under any other law, the authority of that agency does not apply after the department notifies the agency in writing that an offer of sale or sale, or a lease agreement, is pending with respect to the property under this paragraph. If the sale or lease is not completed and no further action is pending with respect to the property, the authority of the agency to sell or lease the property is restored. If the department sells or leases any state-owned real property under this paragraph, the department may attach such conditions to the sale or lease as it finds to be necessary or appropriate to carry out the sale or lease in the best interest of the state. If the department sells or leases a state-owned heating, cooling, or power plant under this paragraph, the department may contract with the purchaser or lessee to purchase the output of the plant.
