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Extend Authority to Terminate and Renegotiate Leases

SECTION 14.   (A) Section 23 of chapter 5 of the acts of 2009 is hereby amended by striking out the figure "2012", inserted by section 137 of chapter 68 of the acts of 2011, and inserting in place thereof the following figure:- 2013.

(B) Section 195 of chapter 131 of the acts of 2010 is hereby amended by striking out the figure "2012" , inserted by section 144 of said chapter 68, and inserting in place thereof the following figure:- 2013.
 
 

Summary:
This section extends through fiscal year 2013 the present legislative authorization for DCAM to terminate state agency and court facility leases for insufficient funding, and to realize operating budget cost savings by renegotiating lease terms in return for extending lease terms to as much as a total of 15 years.