BILL ANALYSIS                                                                                                                                                                                                    �



                                                                  AB 35
                                                                  Page  1

          Date of Hearing:   April 26, 2011

              ASSEMBLY COMMITTEE ON BUSINESS, PROFESSIONS AND CONSUMER 
                                     PROTECTION
                                 Mary Hayashi, Chair
                     AB 35 (Solorio) - As Amended:  April 7, 2011
           
          SUBJECT  :   State property: 32nd District Agricultural 
          Association. 

           SUMMARY  :   Authorizes the Board of Directors (Board) of the 
          Orange County Fair (OCF) to enter into a revenue-sharing plan 
          related to real and personal property assets owned by the 32nd 
          District Agricultural Association (32nd DAA)  if the plan 
          generates over $100 million.  
          
           EXISTING LAW  : 

          1)Authorizes the Department of General Services (DGS) to sell 
            all or any portion of the property that composes the OCF, by 
            means of a public bidding process deemed to be the fair market 
            value for the property and designed to obtain the highest, 
            most certain return for the State from a responsible bidder. 

          2)Requires DGS, 30 days prior to executing a sale transaction, 
            to report to the chairs of the fiscal committees of the 
            Legislature the financial terms of the transaction, a 
            comparison of fair market value for the real property and any 
            basis for agreeing to terms and conditions other than fair 
            market value. 

          3)Requires DGS to report to the Legislature on or before June 
            30th of each year on the status of the OCF's sale.

          4) Requires that the proceeds of the OCF sale be deposited in 
            the General Fund (GF).

           FISCAL EFFECT  :   Unknown

           COMMENTS  :   

           Purpose of this bill  .  According to the author's office, "AB 35 
          adds a provision to the law authorizing the �OCF] sale that 
          would allow the Governor to enter into a revenue-sharing 
          agreement between the state and the Board or their agents if the 








                                                                  AB 35
                                                                  Page  2

          agreement would generate a minimum of $100 million in revenue.  

          "AB 35 would allow the state to keep this important asset, but 
          still generate revenue to replace the amount projected by the 
          proposed �OCF] sale.  During a time of economic crisis, all 
          possibilities should be on the table.  A revenue-sharing plan 
          could mean a win-win.  The State would still own the fairgrounds 
          and generate revenue at least equal to what was proposed through 
          a sale, and Orange County residents could keep OCF."

           Background  .  OCF conducts business by hosting events that 
          generate revenues of approximately $28 million through 
          admissions, carnival, food and beverage, attractions, and 
          parking.  OCF also generates revenue through its on-site 
          Equestrian Center, farmer's markets, weekend swap meets, and 
          parking rentals.  According to the District Economic Impact 
          report, OCF creates 2,184 local jobs, generates $2.5 million 
          annually in local tax revenue, and contributes more than $185 
          million annually to the local economy.  As of October 31, 2010, 
          OCF's cash on hand was approximately $12.2 million, and its 
          year-to-date revenues exceeded expenses by approximately $3.2 
          million. OCF is self-sufficient from its fair and event 
          operations and does not rely on state funding.  

          In 1949, the 32nd DAA purchased the current OCF land in the City 
          of Costa Mesa for $130,195 from the federal government's War 
          Assets Administration in the wake of World War II using revenue 
          earned from the 32nd DAA's operations and state grant money 
          originating from horse racing proceeds.  While the 32nd DAA, 
          more commonly referred to as OCF, is a state division, the 32nd 
          DAA holds the title to the OCF with the Board operating as its 
          stewards.  

          ABX4 22 (Evans), Chapter 20, Statutes of 2009, authorized DGS to 
          sell OCF as part of an effort to balance the 2009-10 state 
          budget.  In October 2009, DGS began soliciting bids for the OCF 
          sale, while the City of Costa Mesa worked on a ballot measure to 
          issue a restrictive covenant on OCF use with the intent to 
          preserve and maintain the existing attractions at OCF.  The 
          Orange County Counsel (Counsel) raised concerns to the Attorney 
          General about the OCF sale, claiming that the Board illegally 
          formed the Orange County Fair and Event Center Foundation 
          (Foundation) in order to purchase OCF for personal financial 
          gain.  The Board used public funds to contract with a firm to 
          lobby Governor Schwarzenegger's office regarding the terms and 








                                                                  AB 35
                                                                  Page  3

          conditions of the OCF sale.  Counsel questioned the Board's 
          decision to use its funds to influence the OCF sale terms 
          because some Board members were also Foundation members and 
          would stand to personally benefit financially from the OCF sale 
          under the Board's requested terms.  Thus, the use of public 
          funds for private benefit would be illegal and void.  The 
          District Attorney launched a criminal investigation into the use 
          of public funds.  

          In March 2010, DGS rejected all bids for the OCF sale, and the 
          State commenced negotiations with the City of Costa Mesa for the 
          OCF sale.  In August 2010, DGS put the OCF property out to bid 
          again, and Facilities Management West (FMW) was selected as the 
          winning bid.  The author of this bill, Senator Correa, local and 
          state officials, the OCF Preservation Society, and business 
          leaders filed a lawsuit to halt the OCF sale to FMW.  In 
          February 2011, after assuming office, Governor Brown halted the 
          OCF sale.  
           
          Concerns have also been raised about the constitutionality of 
          ABX4 22 because it attempts to circumvent a mandate in the state 
          constitution requiring the sale of surplus state property to 
          service bond debt by requiring that the proceeds of the OCF sale 
          be deposited in the GF.  
          ABX4 22 declares that the OCF sale "does not constitute a sale 
          or other disposition of state surplus property within the 
          meaning of Section 9 of Article III of the California 
          Constitution," thereby freeing the money for other uses.  A 
          preliminary consultation with Legislative Counsel indicates that 
          a statute may not amend the California Constitution, and thus, 
          ABX4 22 may be invalid. 

           Support  .   According to the Service Employees International 
          Union, Local 1000, "Despite the economic impacts that will 
          result from the proposed sale, there are a number of legal and 
          ethical activities that could jeopardize a fair assessment of 
          the OCF's commercial value.  The most prominent legal issue 
          regarding the sale includes the legality of selling the OCF as 
          state surplus property.  Additionally, the State has not 
          followed best practices for the sale and by not doing so the 
          sale will set a bad precedent for future surplus property sales. 
           AB 35 will allow the State to keep a valuable asset and at the 
          same time, allow for a revenue-sharing plan."

           Previous Legislation  .  AB 1590 (Solorio) of 2009, would have 








                                                                  AB 35
                                                                  Page  4

          repealed DGS authorization to sell OCF property.  This bill was 
          later amended to specify legislative intent that DGS maximize 
          state revenue for any sale, lease, or exchange of state-owned 
          property.  This bill was held on the Assembly Floor. 

          AB 1790 (Solorio) of 2009, would have repealed DGS authorization 
          to sell OCF property.  This bill was held in the Assembly 
          Business, Professions and Consumer Protection Committee. 

          ABX4 22 (Evans), Chapter 20, Statutes of 2009, authorized DGS to 
          sell the property known as the OCF. 

           REGISTERED SUPPORT / OPPOSITION  :   

           Support 
           
          Service Employees International Union, Local 1000

           Opposition 
           
          None on file.  
           
          Analysis Prepared by  :    Joanna Gin / B.,P. & C.P. / (916) 
          319-3301