BILL ANALYSIS                                                                                                                                                                                                    �




                     SENATE GOVERNANCE & FINANCE COMMITTEE
                            Senator Lois Wolk, Chair
          

          BILL NO:  SB 1335                     HEARING:  4/25/12
          AUTHOR:  Pavley                       FISCAL:  Yes
          VERSION:  4/18/12                     TAX LEVY:  No
          CONSULTANT:  Weinberger               

                    SUCCESSOR AGENCIES AND BROWNFIELD SITES
          

          Allows successor agencies to retain former RDAs' brownfield 
          properties for the purpose of remediating or removing 
          hazardous materials.


                           Background and Existing Law  

          Until 2011, the Community Redevelopment Law allowed local 
          officials to set up redevelopment agencies (RDAs), prepare 
          and adopt redevelopment plans, and finance redevelopment 
          activities.

          As part of the Community Redevelopment Law, the Polanco 
          Redevelopment Act allowed redevelopment officials and 
          property owners to clean up contaminated properties - 
          sometimes called "brownfields" - within redevelopment 
          project areas and to receive limited immunity from future 
          liability (AB 3193, Polanco, 1990).  

          Citing a significant State General Fund deficit, Governor 
          Brown's 2011-12 budget proposed eliminating RDAs and 
          returning billions of dollars of property tax revenues to 
          schools, cities, and counties to fund core services.  Among 
          the statutory changes that the Legislature adopted to 
          implement the 2011-12 budget, AB X1 26 (Blumenfield, 2011) 
          dissolved all RDAs.

          AB X1 26 established successor agencies to manage the 
          process of unwinding former RDAs' affairs.  With the 
          exception of seven cities that chose not to serve as 
          successor agencies, the city or county that created each 
          former RDA now serves as that RDA's successor agency.  Each 
          successor agency has an oversight board that is responsible 
          for supervising it and approving its actions.  Oversight 
          boards are comprised of seven members, including city, 
          county, special district, and school district 




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          representatives, appointed by local governments that serve 
          the area.  The Department of Finance can review and request 
          reconsideration of an oversight board's decisions.

          Successor agencies must dispose of former RDAs' assets, at 
          an oversight board's direction, pursuant to specific 
          statutory requirements.  The disposal must be done 
          expeditiously and in a manner aimed at maximizing value.  
          Successor agencies must transfer proceeds from asset sales 
          and related funds that are no longer needed for approved 
          development projects or to otherwise wind down the affairs 
          of the agency to the county auditor-controller for 
          distribution as property tax proceeds.  

          Redevelopment agencies' dissolution deprives local 
          government officials of the Polanco Act's powers to abate 
          toxic hazards and obtain immunity from liability. It also 
          eliminates the tax increment financing that was used to 
          finance brownfield cleanup.  Without some ongoing ability 
          to remediate and remove hazardous materials from 
          contaminated former RDA properties, local officials worry 
          that it will be difficult for successor agencies to comply 
          with the statutes requiring them to dispose of former RDA 
          properties.


                                   Proposed Law  

          Senate Bill 1335 lets a successor agency, with its 
          oversight board's approval and at its direction, retain 
          former redevelopment agency land that is a brownfield site 
          for the purpose of remediating or removing the release of 
          hazardous substances on, under, or from the property.  

          SB 1335 specifies that "land of the former redevelopment 
          agency that is a brownfield site" means contaminated 
          parcels and surrounding or nearby related parcels that are 
          considered part of the site for the purpose of financing 
          the remediation and redevelopment of the site.  

          The bill allows a successor agency to use available 
          financing, funds obtained from a responsible party, 
          existing state or federal grants, or any other funds at the 
          disposal of the successor agency in order to maximize the 
          asset's value.  






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          Upon completion of the remediation or removal of hazardous 
          substances from the brownfield site, SB 1335 requires the 
          successor agency to dispose of the property.


                               State Revenue Impact
           
          No estimate.


                                     Comments  

          1.   Purpose of the bill  .   The Polanco Redevelopment Act 
          was the primary tool local governments used to clean up and 
          develop properties contaminated by hazardous materials.  
          Redevelopment agencies' dissolution left many successor 
          agencies in possession of contaminated parcels of land that 
          state law requires them to dispose of expeditiously and in 
          a manner aimed at maximizing value, raising a number of 
          problems for successor agencies.  Contaminated properties 
          are unlikely to sell for a price that maximizes the value 
          of those assets; some parcels may not sell at any price.  A 
          successor agency's inability to cleanup brownfield 
          properties may also prevent them from maximizing the value 
          of adjacent parcels.  SB 1335 offers local communities some 
          vital flexibility to retain and clean brownfields before 
          eventually disposing of those properties as required by 
          state law.  The bill allows successor agencies and 
          oversight boards to make informed, local, case-by-case 
          decisions about which contaminated lands ought to be 
          cleaned up before they are sold.  

          2.   Power shortage  .  SB 1335 allows successor agencies to 
          retain contaminated properties for the purpose of cleaning 
          them up, but it does not provide them with the full 
          statutory powers that allowed RDAs to clean up brownfields. 
           Without the Polanco Act's authority to remediate 
          contaminated property and its grant of specific immunity 
          from liability, successor agencies may not benefit from SB 
          1335's flexibility to retain brownfield properties.  AB 
          1235 (Hernandez, 2011) grants a successor agency all of the 
          authority, rights, powers, duties, obligations, and 
          protections that the Polanco Redevelopment Act vested in a 
          former redevelopment agency for any property that was 
          within a redevelopment project of the former RDA.  The 
          Hernandez bill is on the Senate's inactive file, awaiting a 





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          floor vote.  To ensure that successor agencies have the 
          statutory powers and protections they need to clean up 
          brownfields that they retain, the Committee may wish to 
          consider amending SB 1335 to grant successor agencies the 
          authorities, rights, powers, duties, obligations, and 
          protections that the Polanco Redevelopment Act vested in 
          RDAs.

          3.   Insufficient funds  .  SB 1335 allows successor agencies 
          to retain contaminated properties for the purpose of 
          cleaning them up, but it offers only limited sources of 
          funding to pay for the cleanup.  The federal Environmental 
          Protection Agency offers some grants and revolving loans 
          for brownfield cleanup.  Some funds may be available from 
          previous owners and operators of contaminated properties, 
          or other so-called "responsible parties" who caused or 
          contributed to contamination on the property.  In many 
          communities the funding sources available to successor 
          agencies under SB 1335 will be insufficient to pay for the 
          extensive cleanup work that some properties require.  
          Without an adequate funding source, successor agencies may 
          not benefit from SB 1335's flexibility to retain brownfield 
          properties.  To provide more funding for brownfield 
          remediation, the Committee may wish to consider amending SB 
          1335 to allow a successor agency, with oversight board 
          approval, to seek federal and state grants that would 
          require the agency to contribute a minimum amount of 
          matching funds.  To provide more substantial funding, the 
          Committee could amend SB 1335 to allow a successor agency 
          to enter into new enforceable obligations, with an 
          oversight board's approval, to pay for brownfield 
          remediation work that is necessary to maximize a property's 
          value or address an imminent threat to public health, 
          safety, or the environment.
           
          4.   Double-referred  .  The Senate Rules Committee ordered a 
          double-referral of SB 1335, first to the Senate 
          Environmental Quality Committee and then to the Senate 
          Governance & Finance Committee.  On April 16, SB 1335 
          passed out of the Senate Environmental Quality Committee on 
          a 6-0 vote.


                         Support and Opposition  (4/19/12)

           Support  :  Center for Creative Land Recycling; City of Brea, 





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          City Manager; Sierra Club California.

           Opposition  :  Unknown.