(a) If an agency's needs cannot be met under section 6 of this chapter, the department may approve the leasing of facilities for the agency or lease facilities in its own name and assign them to the agency. A lease approved under this subsection must satisfy all the following:
- (1) Must be approved under IC 4-13-2-14.1 .
- (2) May not be for a term of more than four (4) years.
- (3) May provide for the state to make improvements on the leased property if authorized by the public works division of the department.
- (4) Notwithstanding IC 4-13-2-20 , may provide for payment to the lessor at any time during the term of the lease for leasehold improvements made by the lessor.
(b) Notwithstanding subsection (a)(2), the following apply:
- (1) A lease entered into under this section may be renewed for successive terms.
- (2) The term of a lease may be for more than four (4) years, but not more than ten (10) years, if the commissioner makes a written determination stating the reason that it is in the best interests of the state to rent property for a term of more than four (4) years.
As added by P.L.7-1993, SEC.7. Amended by P.L.267-1999, SEC.4.