Bill Text: CA SB466 | 2021-2022 | Regular Session | Amended
Bill Title: Community development.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Engrossed - Dead) 2021-06-21 - June 23 hearing postponed by committee. [SB466 Detail]
Download: California-2021-SB466-Amended.html
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Amended
IN
Assembly
June 14, 2021 |
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Amended
IN
Senate
May 11, 2021 |
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Amended
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Senate
April 29, 2021 |
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Amended
IN
Senate
March 10, 2021 |
CALIFORNIA LEGISLATURE—
2021–2022 REGULAR SESSION
Senate Bill
No. 466
| Introduced by Senator Wieckowski |
February 16, 2021 |
An act to add Section 52201.5 to the Government Code, relating to local government.
LEGISLATIVE COUNSEL'S DIGEST
SB 466, as amended, Wieckowski.
Community development.
Existing law authorizes a city, county, or city and county, with the approval of its legislative body by resolution containing specified findings, after a public hearing, to acquire, sell, or lease property in furtherance of the creation of an economic opportunity, as defined. Existing law requires notice of the hearing to be published in a specified manner and requires the city, county, or city and county to make available a report containing a copy of the proposed acquisition, sale, or lease and a summary that includes, among other things, an explanation of why the acquisition, sale, or lease will assist in the creation of economic opportunity. Existing law provides that these provisions are an alternative to any other authority granted by law to cities to dispose of city-owned property.
This bill would authorize the City of Santa Clara to
sell or lease property located at 500 Benton Street under the provisions specified above. This bill would provide that these provisions are an alternative to any other authority granted by law to cities, counties, or cities and counties to dispose of property. The bill would authorize the City of Santa Clara, when disposing of the specified property, to utilize these provisions if the property is statutorily exempt from any other property disposition procedures required by law. in lieu of other requirements under law for disposing of city-owned property, but would require the city to comply with certain statutory provisions relating to environmental quality prior to selling or leasing the specified property, as applicable.
This bill would make legislative
findings and declarations as to the necessity of a special statute for the City of Santa Clara.
Digest Key
Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NOBill Text
The people of the State of California do enact as follows:
SECTION 1.
Section 52201.5 is added to the Government Code, to read:52201.5.
(a) (1)(2) The City of Santa Clara shall make available, for public inspection and copying at a cost not to exceed the cost of duplication, a report no later than the time of publication of the first notice of the hearing mandated by this section. This report shall contain both of the following:
(A) A copy of the proposed sale or lease.
(B) A summary that describes and specifies all of the following:
(i) The cost of the agreement to the city, including land acquisition costs, clearance costs, relocation costs, and the costs of any improvements to be provided by the city, plus the expected interest on any loans or bonds to finance the agreements.
(ii) The
estimated value of the interest to be conveyed or leased, determined at the highest and best uses permitted under the general plan or zoning.
(iii) The estimated value of the interest to be conveyed or leased, determined at the use and with the conditions, covenants, and development costs required by the sale or lease.
(iv) The purchase price or present value of the lease payments that the lessor will be required to make during the term of the lease. If the sale price or total rental amount is less than the fair market value of the interest to be conveyed or leased, determined at the highest and best use, then the city shall provide as part of the summary an explanation of the reasons for the difference.
(v) An explanation
of why the sale or lease of the property will assist in the creation of economic opportunity, with reference to all supporting facts and materials relied upon in making this explanation.
(b) The resolution approving the sale or lease shall be adopted by a majority vote unless the legislative body has provided by ordinance for a two-thirds vote for that purpose and shall contain a finding that the sale or lease of the property will assist in the creation of economic opportunity. The resolution shall also contain one of the following findings:
(1) The consideration is not less than the fair market value at its highest and best use.
(2) The consideration is not less than the fair reuse value at the use and with the
covenants and conditions and development costs authorized by the sale or lease.
(c) The provisions of this section are an alternative to any other authority granted by law to cities, counties, or cities and counties to dispose of property. The City of Santa Clara, when disposing of property pursuant to this section, may comply with the procedures required by this section if the property is statutorily exempt from any other property disposition procedures required by law for a city, county, or city and county
to dispose of property. in lieu of any other requirements under law for disposing of city-, county-, or city- and county-owned property.
(d) The City of Santa Clara shall comply with the provisions of Chapter 3 (commencing with Section 21100) of Division 13 of the Public Resources Code, as applicable, prior to selling or leasing the property located at 500 Benton Street pursuant to this section.
