BILL ANALYSIS                                                                                                                                                                                                    �




                   Senate Appropriations Committee Fiscal Summary
                            Senator Kevin de Le�n, Chair


          SB 1095 (Evans) - State highway route 12: property transfer.
          
          Amended: As Introduced          Policy Vote: T&H 11-0
          Urgency: No                     Mandate: No
          Hearing Date: May 12, 2014      Consultant: Mark McKenzie
          
          This bill meets the criteria for referral to the Suspense File. 

          
          Bill Summary: SB 1095 would delete a portion of State Highway  
          Route (SR) 12 from the state highway system and state  
          legislative intent to enact legislation to declare the deleted  
          portion of SR 12 as surplus and transfer that property to local  
          agencies for parks and recreation purposes.

          Fiscal Impact: Potential loss of revenues, estimated to exceed  
          $15 million, to the extent the SR 12 property is transferred to  
          local agencies for parks and recreation purposes rather than  
          being sold at fair market value following an appraisal. (State  
          Highway Account)

          Background: Existing law authorizes the Department of  
          Transportation (Caltrans) to sell property that is no longer  
          needed for state highway purposes, upon the terms and conditions  
          established by the California Transportation Commission (CTC).   
          Pursuant to CTC regulations, excess property is generally  
          offered for sale by competitive bid at public auction to the  
          highest bidder.  Specified exceptions to the auction process  
          include an authorization for sale of excess property directly to  
          public agencies for public use at fair market price.  Existing  
          law requires the proceeds from the sale of surplus state highway  
          property to be deposited into the State Highway Account for use  
          on state highway projects.

          Caltrans purchased 65 parcels of land covering 55 acres for a SR  
          12 bypass that would connect to a proposed bridge over Spring  
          Lake in the City of Santa Rosa.  After local voters defeated a  
          plan for the bridge, however, the planned bypass project was no  
          longer feasible.  Caltrans is in the process of rescinding the  
          unconstructed segment of SR 12 from the state highway system and  
          declaring the property as excess.  The CTC will consider the  
          route rescission at the upcoming meeting on May 21-22.  Assuming  








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          there is favorable consideration for the rescission, it is  
          likely that the property will not be deemed excess and available  
          for sale until early 2015.

          Caltrans indicates that the 65 parcels of property were  
          purchased with gas tax revenues over multiple years from 1955 to  
          1972, and the cumulative purchase price was approximately  
          $740,000.  The current estimated market value of the properties  
          is $17-$25 million at its highest and best use.  Staff notes  
          that this estimated value is based on comparative property  
          values in the area, which is fully developed, and not an  
          appraisal.

          Proposed Law: SB 1095 would delete a segment of SR 12 in the  
          City of Santa Rosa.  The bill would also state legislative  
          intent to enact legislation to declare as surplus property  
          approximately 55 acres of right-of-way acquired by Caltrans for  
          an abandoned SR 12 freeway alignment, and to transfer the  
          property to local agencies for park and recreation purposes, to  
          be known as the Southeast Greenway.

          Staff Comments: If this bill results in the sale of surplus  
          property originally purchased for state highway purchases at a  
          value based upon its use for parks and recreation, there would  
          be a substantial loss of revenue to the State Highway Account,  
          likely exceeding $15 million.

          As noted above, Caltrans is currently expediting the process of  
          rescinding this property from the state highway system and  
          declaring the property as surplus, at which time a local agency  
          would have the first right of refusal to purchase the property  
          at fair market value.  Typically, the statutory route  
          designations of the state highway system are not amended to  
          delete a segment of a state highway route until after property  
          is deemed excess and sold.  This bill reverses existing  
          processes by deleting a segment from SR 12 prior to that  
          property being declared as excess.

          Recommended Amendments: If the author's intent is to require the  
          property to be declared surplus and to transfer it to local  
          agencies for park and recreation purposes, the bill should be  
          amended to delete the intent language and to insert the  
          prescriptive requirements into statute.  









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