§ 701. Title to historic property
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 37 Pa.C.S.A. Historical and MuseumsEffective: January 3, 2023
Effective: January 3, 2023
37 Pa.C.S.A. § 701
§ 701. Title to historic property
(1) For purposes of historic preservation, or for educational, recreational, residential or agricultural purposes, or for parking areas or concessions for the convenience and comfort of the public, the commission may lease historic property for a period not to exceed twenty-five years to any person or organization of the Commonwealth. The commission shall lease the property in the following manner:
(i) Those sites and museums which have nonprofit allied groups whose purpose is related to the educational mission of a particular property shall receive special contract preference. In those instances where the above criteria is met, the commission shall be permitted to enter into a lease without competitive bidding.
(ii) When the criteria enumerated in subparagraph (i) are not met, sites and museums are to be leased in accordance with competitive bidding procedures, i.e. open to all profit and nonprofit organizations. All requests for bid proposals, as well as the leases, shall contain restrictions protecting the historical integrity of the site, insuring that appropriate historical preservation standards are maintained and require appropriate insurance coverage by the lessee.
(2) If a substantial capital investment is involved, the commission may, with the approval of the Governor, enter into such leases for that period required under sections 48(g)(2)(B)(vi) and 168(c) of the Internal Revenue Code of 1986 (Public Law 99-514, 26 U.S.C. §§ 48, 168) relating to investment tax credit for historic preservation.
(4) The commission may lease historic property to a political subdivision willing to assume total fiscal and management responsibility for a period of time up to 99 years, provided that such leases contain restrictions protecting the historical integrity of the site, insuring that appropriate historical preservation standards are maintained and require appropriate insurance coverage by the lessee.
Credits
1988, May 26, P.L. 414, No. 72, § 1, imd. effective. Amended 2022, Nov. 3, P.L. 1665, No. 102, § 6, effective in 60 days [Jan. 3, 2023].
37 Pa.C.S.A. § 701, PA ST 37 Pa.C.S.A. § 701
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
| End of Document |