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AB-1614 Fort Ord Reuse Authority.(2011-2012)

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Assembly Bill No. 1614

An act to amend Section 67700 of, and to repeal Sections 67679.5 and 67686 of, the Government Code, relating to the Fort Ord Reuse Authority.

[ Approved by Governor  September 29, 2012. Filed with Secretary of State  September 29, 2012. ]


AB 1614, Monning. Fort Ord Reuse Authority.
Existing law, the Fort Ord Reuse Authority Act, establishes the Fort Ord Reuse Authority to prepare, adopt, finance, and implement a plan for the use and development of the territory previousng at Fort Ord continue for a specified period.
This bill would repeal the board’s authorization to establish the Redevelopment Agency of Fort Ord and would repeal the provisions relating to the continuance of state subventions.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: NO   Local Program: NO  

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


 Section 67679.5 of the Government Code is repealed.

SEC. 2.

 Section 67686 of the Government Code is repealed.

SEC. 3.

 Section 67700 of the Government Code is amended to read:

 (a) This title shall become inoperative when the board determines that 80 percent of the territory of Fort Ord that is designated for development or reuse in the plan prepared pursuant to this title has been developed or reused in a manner consistent with the plan adopted or revised pursuant to Section 67675, or June 30, 2020, whichever occurs first, and on January 1, 2021, this title is repealed.
(b) (1) The Monterey County Local Agency Formation Commission shall provide for the orderly dissolution of the authority including ensuring that all contracts, agreements, and pledges to pay or repay money entered into by the authority are honored and properly administered, and that all assets of the authority are appropriately transferred.
(2) The board shall approve and submit a transition plan to the Monterey County Local Agency Formation Commission on or before December 30, 2018, or 18 months before the anticipated inoperability of this title pursuant to subdivision (a), whichever occurs first. The transition plan shall assign assets and liabilities, designate responsible successor agencies, and provide a schedule of remaining obligations. The transition plan shall be approved only by a majority vote of the board.