BILL NUMBER: AB 1614	AMENDED
	BILL TEXT

	AMENDED IN ASSEMBLY  MARCH 12, 2012

INTRODUCED BY   Assembly Member Monning
   (Coauthor: Assembly Member Alejo)
   (Coauthors: Senators Blakeslee and Cannella)

                        FEBRUARY 8, 2012

   An act to amend Section 67700 of the Government Code, relating to
the  Ford   Fort  Ord Reuse Authority.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 1614, as amended, Monning. Fort Ord Reuse Authority.
   Existing law, the Fort Ord Reuse Authority Act, establishes the
Fort Ord Reuse Authority to prepare, adopt, finance, and implement a
plan for the  future  use and development of the
territory  previously  occupied by the Fort Ord military
base in Monterey County. The  act provides that the 
authority is governed by a board consisting of members from specified
cities  . Existing law   and  authorizes
the board to acquire and dispose of existing real property and
facilities within the Fort Ord territory, to plan, finance, and
construct new public capital facilities within that territory,
 and  to levy assessments, special taxes, or
development fees, and to issue bonds. 
   Existing law 
    The act  makes these provisions inoperative when the
board determines that 80% of the territory of Fort Ord that is
designated for development or reuse in the plan has been developed or
reused in a manner consistent with the plan, or June 30, 2014,
whichever occurs first, and repeals these provisions on January 1,
2015.
   This bill would  instead  make the act inoperative when
the board makes the above specified determination, or June 30,
 2014,   2024,  whichever occurs first, and
would repeal the act on January 1, 2025.  This bill would also
require the board to submit and approve a transition plan to the
Monterey County Local Agency Formation Commission, as specified.

   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  Section 67700 of the Government Code is amended to
read:
   67700.  (a) This title shall become inoperative when the board
determines that 80 percent of the territory of Fort Ord that is
designated for development or reuse in the plan prepared pursuant to
this title has been developed or reused in a manner consistent with
the plan adopted or revised pursuant to Section 67675, or June 30,
2024, whichever occurs first, and on January 1, 2025, this title is
repealed.
   (b)  (1)    The Monterey County Local Agency
Formation Commission shall provide for the orderly dissolution of the
authority including  insuring   ensuring 
that all contracts, agreements, and pledges to pay or repay money
entered into by the authority are honored and properly administered,
and that all assets of the authority are appropriately transferred.
    (2) The board shall approve and submit a transition plan to
the Monterey County Local Agency Formation Commission on or before
December 30, 2022, or 18 months before the anticipated inoperability
of this title pursuant to subdivision (a), whichever occurs first.
The transition plan shall assign assets and liabilities, designate
responsible successor agencies, and provide a schedule of remaining
obligations. The transition plan shall be approved only by a majority
vote of the board.