SECTIONS 22375-22380 - California Statutes

EDUCATION CODE

SECTION 22375-22380

22375. Notwithstanding Part 11 (commencing with Section 15850) of
Division 3 of Title 2 of the Government Code, the board may select,
purchase, or acquire in the name of the plan, the fee or any lesser
interest in real property, improved or unimproved, and may remodel
and equip, or construct an office building in the greater
metropolitan Sacramento area, including the City of Sacramento, the
County of Sacramento, and the eastern part of Yolo County, for the
purposes of establishing a permanent headquarters facility for the
system.

22376. All buildings acquired or improvements constructed by the
board under the provisions of this chapter may contain space in
excess of immediate requirements. The board may contract with the
Department of General Services to handle the rentals of any excess
space over and above that required by the board and to furnish
general supervision and maintenance of buildings and improvements
constructed under the provisions of this chapter.

22377. The board may contract with the Department of General
Services or any other state agency for assistance in the acquisition
of real property and any construction thereon of buildings or
improvements authorized by this chapter.

22378. In the event that condemnation of the property selected is
necessary, the board may elect to deposit with the treasurer funds it
deems necessary, and that are appropriated, for purchase of the
selected property subject to the Property Acquisition Law (Part 11
(commencing with Section 15850) of Division 3 of Title 2 of the
Government Code).

22379. Work on all projects shall be done under contract awarded to
the lowest responsible bidder pursuant to bidding procedures set
forth in the State Contract Act (Chapter 1 (commencing with Section
10100) of Division 2 of the Public Contract Code).

22380. (a) The board shall establish a building account for the
transfer of money appropriated for that purpose from the retirement
fund for the construction or remodeling of buildings and improvements
thereon, maintenance, repair, and improvement thereof.
(b) The board may contract with the Department of General Services
for the purchase of insurance against loss of, or damage to, the
property or the loss of use or occupancy of the building, liability
insurance, and other insurance that is customarily carried on state
office buildings. Premiums for this insurance shall be paid from the
building account.
(c) The land, building, equipment, and improvements thereon, shall
constitute an investment of the system and shall be carried on the
books thereof in accordance with generally accepted accounting
principles.