BILL ANALYSIS                                                                                                                                                                                                    Ó



                                                                  AB 418
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          Date of Hearing:   May 11, 2011

                        ASSEMBLY COMMITTEE ON APPROPRIATIONS
                                Felipe Fuentes, Chair

                AB 418 (Ammiano) - As Introduced:  February 14, 2011 

          Policy Committee:                              Natural 
          ResourcesVote:8-0
                        Local Government                      9-0
           
          Urgency:     No                   State Mandated Local Program: 
          No     Reimbursable:              No

           SUMMARY  

          This bill authorizes the State Lands Commission to approve a 
          land exchange for public trust lands within the Pier 70 area of 
          San Francisco if certain conditions are met, including that the 
          lands exchanged out of the trust are no longer suitable as 
          public trust lands, the land placed into the trust has a 
          monetary value at least as great as the lands exchanged out of 
          the trust, and the exchange is approved by the San Francisco 
          Port Commission and the Board of Supervisors.

           FISCAL EFFECT  

          1)Exchange of state assets-public trust lands potentially worth 
            millions of dollars but dedicated to use consistent with the 
            public trust-for other lands placed into the public trust and 
            worth at least as much as the monetary value of the land 
            exchanged out of the trust.

          2)Potential sales and income tax revenue, possibly in the 
            millions of dollars, to the extent this bill, and the project 
            it facilitates, results in greater economic activity in 
            California than would otherwise occur

           COMMENTS  

           1)Rationale  .  The author contends the exchange authorized by 
            this bill is needed to realize plans to extensively redevelop 
            the Pier 70 area according to a master plan and voter intent.  










                                                                  AB 418
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           1)Background  .  

              a)   Public Trust Lands.   Tide and submerged lands and the 
               beds of lakes, streams, and other navigable waterways are 
               held in trust by the state for the benefit of the people of 
               California and are to be used to promote the public's 
               interest in water or water-dependent activities such as 
               commerce, navigation, fisheries, environmental preservation 
               and recreation. The State Lands Commission is the steward 
               and manager of the state's public trust lands. Actions of 
               the SLC are subject to the California Environmental Quality 
               Act. 

               Existing law allows the SLC to lease trust lands, enter 
               into boundary agreements, and exchange public trust lands 
               for non-trust lands and lift the trust from public trust 
               lands. The SLC must be provided equal value in any such 
               exchange. The Legislature retains the authority to modify 
               uses permitted on public trust lands. 

               SLC has the authority under existing law to approve the 
               exchange of lands proposed by this bill.

              b)   Pier 70.   Pier 70 is a port site of approximately 67 
               acres located in San Francisco's Central Waterfront, much 
               of it public trust land.  The site has been identified as a 
               future National Historic District because of over 150 years 
               of continuous operations in ship building and repair, the 
               role it has played in the industrialization of the western 
               United States, the war efforts, and architectural and 
               engineering feats.  Pier 70, however, is in need of major 
               rehabilitation.   

                In 2007, the port commenced a public process to develop a 
               master plan for Pier 70.  In November 2008, the San 
               Francisco voters approved Proposition D, which creates a 
               variety of financing mechanisms to help fund the port's 
               renovation and redevelopment of Pier 70.   In April 2010, 
               following a public planning process, the port published its 
               Pier 70 master plan.  
                
          2)Related Legislation.

             a)   AB 792 (Leno, Chapter 203, Statutes of 2009)  authorized 
               a transfer of public trust lands in the Candlestick Point 








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               and Hunters Point areas of San Francisco and a 
               reconfiguration of the Candlestick State Recreation Area 
               (SRA) to the overall benefit of the SRA, all to facilitate 
               productive reuse of lands in these areas of the city.  The 
               bill passed the Assembly 69-1 and the Senate 38-1.  

             b)   AB 1199 (Ammiano, Chapter 664, Statutes of 2010)  allows 
               an infrastructure financing district (IFD) for Pier 70 to 
               capture 90% of the growth in property taxes from 
               revitalization efforts in the Pier 70 area. AB 1199 also 
               requires the Port to spend at least 20 % of total Pier 70 
               IFD revenues on waterfront parks and public access to San 
               Francisco Bay, environmental remediation of the 
               contaminated shoreline and removal of bay fill.  The bill 
               passed the Assembly 70-2 and the Senate 30-0.  
                 
               c)   AB 1176 (Ammiano, 2009)  was identical to AB 1199 of 
               2010.  In vetoing AB 1176, the governor issued a message 
               that did not include specific criticisms of the bill.  
               However, some careful readers believe the veto message 
               clearly, if cryptically, spelled out the governor's 
               feelings toward the bill and its author at the same time.  

          3)Support.   This bill is supported by the City and County of San 
            Francisco and the Port of San Francisco.  
                 
            4)There is no registered opposition to the bill.
           
           Analysis Prepared by  :    Jay Dickenson / APPR. / (916) 319-2081