Amended in Senate August 12, 2013

Amended in Senate June 26, 2013

Amended in Assembly May 9, 2013

Amended in Assembly April 8, 2013

California Legislature—2013–14 Regular Session

Assembly Bill No. 826

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 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:

(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.

(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.

(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 begin delete department end delete begin insert end insert begin insert Director of General Services end insert may
sell begin insert , end insert begin insert for fair market value, upon those terms and conditions as the
Director of General Services determines are in the best interests
of the state, end insert 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 begin delete . 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. end delete begin insert end insert begin insert pursuant to Section 11011.1 of the Government Code: end insert

(1) Parcel 1, consisting of approximately begin delete .027 end delete begin insert 0.027 end insert acres and
improvements, located at 1627 10th Street, in Sacramento,
Sacramento County Assessor Parcel Number 006-0330-006.

(2) Parcel 2, consisting of approximately begin delete .027 end delete begin insert 0.027 end insert acres and
improvements, located at 1607 10th Street, in Sacramento,
Sacramento County Assessor Parcel Number 006-0330-007.

(3) Parcel 3, consisting of approximately begin delete .030 end delete begin insert 0.030 end insert acres and
improvements, located at 1036 P Street, in Sacramento, Sacramento
County Assessor Parcel Number 006-0330-011.

(4) Parcel 4, consisting of approximately begin delete .025 end delete begin insert 0.025 end insert acres and
improvements, located at 1603 10th Street, in Sacramento,
Sacramento County Assessor Parcel Number 006-0330-014.

(5) Parcel 5, consisting of approximately begin delete .039 end delete begin insert 0.039 end insert 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.