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AB-887 State surplus property: Lynwood Armory.(2007-2008)

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Assembly Bill No. 887
CHAPTER 651

An act relating to state property, and declaring the urgency thereof, to take effect immediately.

[ Approved by Governor  September 30, 2008. Filed with Secretary of State  September 30, 2008. ]

LEGISLATIVE COUNSEL'S DIGEST


AB 887, De La Torre. State surplus property: Lynwood Armory.
Existing law authorizes the Director of General Services to dispose of state surplus property, subject to specified conditions, including authorization by the Legislature. Existing law requires the net proceeds from the lease of state surplus property to be paid into the Deficit Recovery Bond Retirement Sinking Fund Subaccount, except as otherwise provided by law.
This bill would, until January 1, 2010, authorize the director, with the approval of the Adjutant General, to complete a lease to the City of Lynwood at fair market value, of specified state-owned property known as the Lynwood Armory. The bill would specify a 5-year term for the lease and would authorize renewal of the lease or other lease agreements of the Lynwood Armory for a total term not to exceed 25 additional years. The bill would, notwithstanding the requirement for payment of lease proceeds into the Deficit Recovery Bond Retirement Sinking Fund Subaccount, require the proceeds of the lease to be deposited into the Armory Fund pursuant to a specified provision of law.
This bill would declare that it is to take effect immediately as an urgency statute.
Vote: 2/3   Appropriation: NO   Fiscal Committee: YES   Local Program: NO  

The people of the State of California do enact as follows:


SECTION 1.

 (a) (1) Notwithstanding any other provision of law, until January 1, 2010, the Director of General Services, with the approval of the Adjutant General, may complete a lease to the City of Lynwood at fair market value and for a period of five years, state-owned property comprising approximately 1.03 acres, including, but not limited to, a building consisting of approximately 10,664 square feet, located at 11398 Bullis Road, Lynwood, Los Angeles County, known as the Lynwood Armory.
(2) After completion of the term of the initial five-year lease, the Director of General Services, with the approval of the Adjutant General, may renew the lease or enter into other lease agreements at fair market value of the Lynwood Armory. The term of the leases authorized by this paragraph, separately or cumulatively, shall not exceed 25 years.
(b) (1) The City of Lynwood shall submit any proposals for improvements, including, but not limited to, modifications and refurbishments of the Lynwood Armory, to the Director of General Services and the Military Department for review and approval.
(2) The City of Lynwood may receive a reduction in the amount of the annual lease payment, upon completion of any improvement approved pursuant to paragraph (1), not to exceed the actual cost of the improvement as determined by the Military Department.
(c) Notwithstanding subdivision (g) of Section 11011 of the Government Code, the proceeds of the lease shall be deposited into the Armory Fund pursuant to subdivision (b) of Section 435 of the Military and Veterans Code.
(d) The City of Lynwood shall reimburse the Department of General Services for its actual costs in drafting, negotiating, and executing the lease documents pursuant to this section.

SEC. 2.

 This act is an urgency statute necessary for the immediate preservation of the public peace, health, or safety within the meaning of Article IV of the Constitution and shall go into immediate effect. The facts constituting the necessity are:
In order that the lease of the Lynwood Armory authorized by Section 1 of this act may proceed at the earliest possible time, it is necessary for this act to take effect immediately.