BILL NUMBER: AB 826	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Salas

                        FEBRUARY 21, 2013

   An act relating to state property, and making an appropriation
therefor.



	LEGISLATIVE COUNSEL'S DIGEST


   AB 826, as introduced, Salas. State property: surplus.
   (1) Existing law authorizes the Director of General Services to
dispose of state surplus property, subject to specified conditions,
including authorization by the Legislature.
   This bill would authorize the director to dispose of 3 specified
parcels of state property.
   (2) The California Constitution provides 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. Existing statutory 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, until the bonds
issued pursuant to the act are retired.
   By increasing the amount transferred into a continuously
appropriated fund, this bill would make an appropriation.
   Vote: majority. Appropriation: yes. Fiscal committee: yes.
State-mandated local program: no.


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

  SECTION 1.  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:
   (a) Parcel 1, consisting of approximately 98 acres and
improvements, known as the California Department of Corrections and
Rehabilitation's Norco Rehabilitation Center, located at 5th Street
and Western, in Norco, Riverside County.
   (b) Parcel 2, consisting of approximately 15 acres and
improvements, known as a portion of the California Department of
Corrections and Rehabilitation's Preston Youth Correctional Facility,
located at 201 Waterman Road, in Ione, Amador County.
   (c) (1) Parcel 3, consisting of approximately 160 acres and
improvements, known as the California Department of Corrections and
Rehabilitation's Estrella Correctional Facility, located at 4545
Airport Road, in Paso Robles, San Luis Obispo County.
   (2) To the extent 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.