Bill Text: CA SB273 | 2015-2016 | Regular Session | Chaptered
Bill Title: State real property: surplus.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Passed) 2015-09-01 - Chaptered by Secretary of State. Chapter 233, Statutes of 2015. [SB273 Detail]
Download: California-2015-SB273-Chaptered.html
BILL NUMBER: SB 273 CHAPTERED
BILL TEXT
CHAPTER 233
FILED WITH SECRETARY OF STATE SEPTEMBER 1, 2015
APPROVED BY GOVERNOR SEPTEMBER 1, 2015
PASSED THE SENATE MAY 28, 2015
PASSED THE ASSEMBLY AUGUST 20, 2015
AMENDED IN SENATE APRIL 27, 2015
AMENDED IN SENATE APRIL 23, 2015
INTRODUCED BY Senator Hueso
FEBRUARY 19, 2015
An act relating to state real property, making an appropriation
therefor, and declaring the urgency thereof, to take effect
immediately.
LEGISLATIVE COUNSEL'S DIGEST
SB 273, Hueso. State real property: surplus.
(1) Existing law provides that the Director of General Services
may acquire and dispose of surplus state real property where that
property is not needed by another state agency and the Legislature
has authorized disposal of the property. Existing law also specifies
the manner in which the department is to dispose of surplus state
real property.
This bill would authorize the director to dispose of 2 specified
parcels of state property pursuant to these provisions.
(2) The California Constitution requires that the proceeds from
the sale of surplus state property be used to pay the principal and
interest on bonds issued pursuant to the Economic Recovery Bond Act
until the principal and interest on those bonds are fully paid, after
which these proceeds are required to be deposited into the Special
Fund for Economic Uncertainties, a continuously appropriated fund.
Existing law similarly requires that the net proceeds received from
any real property disposition be paid into the Deficit Recovery Bond
Retirement Sinking Fund Subaccount, a continuously appropriated fund
previously established by the California Constitution, until the
bonds issued pursuant to the act are retired, and afterward be paid
into the Special Fund for Economic Uncertainties.
By increasing the amount transferred into continuously
appropriated funds, this bill would make an appropriation.
This bill would declare that it is to take effect immediately as
an urgency statute.
Appropriation: yes.
THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:
SECTION 1. (a) The Director of General Services may sell,
exchange, sell combined with an exchange, or lease for fair market
value, upon those terms and conditions as the Director of General
Services determines are in the best interests of the state, all or
any part of the following real property pursuant to Section 11011.1
of the Government Code:
(1) Parcel 1, consisting of approximately 0.17 acres and
improvements, known as the Department of Conservation field office
located at 466 North Fifth Street, in Coalinga, Fresno County
Assessor Parcel Number 072-111-16T.
(2) Parcel 2, consisting of approximately 29.93 acres and
improvements, known as the Department of Forestry Crystal Creek
Conservation Camp located at 2242 Highway 2999 West, in Whiskytown,
Shasta County Assessor Parcel Number 011-290-038.
(b) To the extent that bonds issued by the State Public Works
Board involve the property to be sold pursuant to this section, all
issuer- and trustee-related costs associated with the review of any
proposed sale, together with the costs related to the defeasance or
retirement of any bonds, which may include the cost of nationally
recognized bond counsel, shall be paid from the proceeds of any sale
or lease authorized by this section.
SEC. 2. This act is an urgency statute necessary for the immediate
preservation of the public peace, health, or safety within the
meaning of Article IV of the Constitution and shall go into immediate
effect. The facts constituting the necessity are:
In order to enable the proper disposal of surplus property to
occur as soon as possible, it is necessary that this act take effect
immediately.
