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Extend Authority to Terminate and Renegotiate Leases

SECTION 15.   (A) Section 23 of chapter 5 of the acts of 2009 is hereby amended by striking out the figure "2013", inserted by section 143 of chapter 139 of the acts of 2012, and inserting in place thereof the following figure:- 2014.

(B) Section 195 of chapter 131 of the acts of 2010 is hereby amended by striking out the figure "2013" , inserted by section 146 of said chapter 139, and inserting in place thereof the following figure:- 2014.
 
 

Summary:
This section extends through fiscal year 2014 the present legislative authorization for DCAMM 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.