BILL ANALYSIS Ó SB 1577 Page 1 Date of Hearing: August 8, 2012 ASSEMBLY COMMITTEE ON APPROPRIATIONS Felipe Fuentes, Chair SB 1577 (Committee on Natural Resources and Water) - As Amended: June 20, 2012 Policy Committee: Local GovernmentVote:9-0 Natural Resources 9-0 Urgency: No State Mandated Local Program: No Reimbursable: No SUMMARY This bill grants in trust, to the City of Newport Beach, 10.3 acres of public trust lands. FISCAL EFFECT Negligible state costs, if any. COMMENTS The State Lands Commission recently approved a boundary line agreement with the city to settle a title dispute concerning certain lands located in Marina Park in Lower Newport Bay. The agreement confirmed the public trust interest on 10.3 acres of land bayward of the established boundary line and terminated any public trust interest landward of that line. This bill will bring the disputed 10.3 acres of public trust lands into the same management as the rest of the city's granted public trust lands, making it unnecessary for the city lease from the commission the lands granted in this bill. The city plans to use the public trust lands to develop an expanded marina, sailing center, parking lot, public access paths, American Legion facilities, aquatic beachfront park, and open space for water-related recreation. Analysis Prepared by : Jay Dickenson / APPR. / (916) 319-2081 SB 1577 Page 2