BILL ANALYSIS                                                                                                                                                                                                    



                                                                  AB 521
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          Date of Hearing:   April 13, 2009

                    ASSEMBLY COMMITTEE ON UTILITIES AND COMMERCE
                                Felipe Fuentes, Chair
               AB 521 (De La Torre) - As Introduced:  February 25, 2009
           
          SUBJECT  :   Utility property: leases for park purposes.

           SUMMARY  :   Requires the California Public Utilities Commission  
          (PUC) to consider additional benefits when evaluating lease  
          proposals in order to encourage the use of utility property for  
          public parks. 

           EXISTING LAW  : Prohibits public utilities from selling, leasing,  
          assigning, mortgaging, or otherwise disposing of or encumbering  
          the whole or any part of property necessary or useful in the  
          performance of its duties to the public without first having  
          secured approval from the PUC. 

           THIS BILL:

           1) Authorizes a public utility to lease real property to a  
          governmental entity for purposes of maintaining a public park,  
          with the utility retaining a right-of way easement.

          2) Requires the PUC to include the community benefits of parks  
          and open space as part of its calculation in determining the  
          fair value of the lease to ratepayers 
          
           FISCAL EFFECT  :   Unknown.

           COMMENTS  :   According to the sponsor, this bill would facilitate  
          the ability to use utility right-of-ways to create new  
          recreational parks and open spaces. The majority of Californians  
          live in metropolitan areas, many of which lack adequate park  
          space. These communities often have difficulty creating new  
          parks because of a lack of open spaces and the cost of land.  
          This bill would help to create new parks and mitigate the cost  
          of these parks by utilizing utility property and ensuring that  
          the community benefits of parks are taken into account when  
          determining a fair lease rate.  

          1)  Background:  Existing law requires that a public utility to  
          obtain approval from the PUC before engaging in any transaction  
          involving property used to deliver service. The PUC has held  








                                                                  AB 521
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          that the primary question in such proceedings is whether the  
          proposed transaction is adverse to the public interest, and has  
          defined the public interest as having been served when "utility  
          property is used for other productive purposes without  
          interfering with the utility's operation or affecting service to  
          utility customers."

          Once the utility submits an application detailing the proposal  
          and the terms of the lease, the PUC reviews it to ensure that it  
          does not interfere with the utility's ability to provide  
          adequate service to the public at reasonable rates. The monetary  
          ratepayer impacts of such transactions are generally positive in  
          that they shift the costs of property ownership from the utility  
          to the lessee including the costs of insurance, maintenance, and  
          management, and therefore justify a lower lease rate.   


          2)  Increased value for parks  : The intent of AB 521 is to  
          increase the likelihood that utility owned property will be  
          leased to local governments to be used as parks and open space.  
          In fact the language may create a land use priority for usage as  
          park over other commercial purposes. When considering a lease of  
          utility owned land for a commercial use the PUC looks at the  
          economic value of the land and if the lease will allow  
          ratepayers to recover that value. This bill requires the PUC to  
          consider non-economic factors in determining the economic value  
          of the lease for a public park. These non-economic factors could  
          increase the benefit of leasing the land for a public park and  
          decrease the comparative benefit of a commercial use.

          3)  This bill may already be PUC practice  : Over the past 10 years  
          the PUC has considered several proposals to lease utility land  
          for various purposes. The records of these decisions indicate  
          that the proceedings did include consideration of benefits to  
          the community. Additionally, in one recent proceeding the  
          sponsors of this bill were able to negotiate a lease agreement  
          for a park that was lower than the appraised value of the land.  
          This indicates that the PUC did take into account non-economic  
          benefits of the public use.  

          4)  In search of the elusive community benefit formula:  This bill  
          requires the PUC to include the "community benefits" of parks  
          and open space as a benefit to ratepayers when reviewing a  
          right-of-way lease. These added benefits would theoretically  
          justify the lower lease rate for municipal governments that plan  








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          to use this land for park space. However, this requirement  
          exemplifies a fundamental difficulty in crafting these types of  
          policies: attempting to quantify intangible social benefits for  
          the purpose of evaluating pecuniary transactions. This provision  
          could potentially be interpreted in any number of ways during  
          implementation. While there is little consensus regarding how  
          these benefits should be monetized, the  committee may wish to  
          consider amending the bill to express legislative intent  
          regarding what types of results constitute community benefits.  
           

           REGISTERED SUPPORT / OPPOSITION  :   

           Support 
           
          City of Bellflower
          Southern California Edison (SCE)
          Trust for Public Land (TPL) (Sponsor)

           Opposition 
           
          None on file.
           
          Analysis Prepared by  :    Nina Kapoor / U. & C. / (916) 319-2083