BILL NUMBER: AB 826	AMENDED
	BILL TEXT

	AMENDED IN SENATE  JUNE 26, 2013
	AMENDED IN ASSEMBLY  MAY 9, 2013
	AMENDED IN ASSEMBLY  APRIL 8, 2013

INTRODUCED BY   Assembly Member Jones-Sawyer

                        FEBRUARY 21, 2013

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



	LEGISLATIVE COUNSEL'S DIGEST


   AB 826, as amended, Jones-Sawyer. 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  2
  8  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.   (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: 
   (a) 
    (1)  Parcel 1, 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. 
   (b) (1) 
    (2)  Parcel 2, 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. 
   (3) Parcel 3, consisting of approximately 0.90 acres and
improvements, known as the Employment Development Department's
Vallejo Office Building, located at 1440 Marin Street, in Vallejo,
Solano County.  
   (2) 
    (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.    (a) The department may sell all
or a portion of the following properties located in the City of
Sacramento, County of Sacramento, and leased by the department to the
Capitol Area Development Authority. The properties shall be sold for
market value or upon the terms and conditions as the director
determines are in the best interest of the state.  
   (1) Parcel 1, consisting of approximately .027 acres and
improvements, located at 1627 10th Street, in Sacramento, Sacramento
County Assessor Parcel Number 006-0330-006.  
   (2) Parcel 2, consisting of approximately .027 acres and
improvements, located at 1607 10th Street, in Sacramento, Sacramento
County Assessor Parcel Number 006-0330-007.  
   (3) Parcel 3, consisting of approximately .030 acres and
improvements, located at 1036 P Street, in Sacramento, Sacramento
County Assessor Parcel Number 006-0330-011.  
   (4) Parcel 4, consisting of approximately .025 acres and
improvements, located at 1603 10th Street, in Sacramento, Sacramento
County Assessor Parcel Number 006-0330-014.  
   (5) Parcel 5, consisting of approximately .039 acres and
improvements, located at 1601 10th Street, in Sacramento, Sacramento
County Assessor Parcel Number 006-0330-015.  
   (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.