SB1015 - Revises long-term contract provisions at state parks and creates Endowment Fund for Arrow Rock State Park
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||Revises long-term contract provisions at state parks and creates Endowment Fund for Arrow Rock State Park
SCS/SB 1015 - This act revises provisions relating to state
parks. This act prohibits the Department of Natural Resources
(DNR) from entering into or renewing a contract for a period
exceeding 10 years unless the Director determines the extended
contract period is necessary to allow the contractor to make
substantial improvements to the site and the improvements are of
sufficient value to necessitate the longer contract.
The Arrow Rock State Historic Site Endowment Fund is
created. The initial deposit in the fund will be the bequest in
the amount of $21,965.92 from the Bill and Cora Lee Miller
estate. The Arrow Rock State Historic Site Endowment Fund may
only be used for the enhancement of Arrow Rock State Historic
Site's public interpretive programs. The state treasurer may
invest the monies in the fund in a manner as provided by law.
Until 2100, DNR may annually only expend one-half the interest
earned by the fund. Thereafter, all of the interest earned by
the preceding year may be expended. Funds may only be expended
upon appropriation. Any funds appropriated but not spent will
revert back to the fund.
DNR is given authority to enter into agreements with
private, not-for-profit organizations organized solely to further
the interpretive, educational, and maintenance functions at the
state parks. Proceeds from sales of publications and materials
by these organizations shall be retained by the organization for
use in furthering their functions.