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AB-35 State property: 32nd District Agricultural Association.(2011-2012)

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Amended  IN  Assembly  May 24, 2011
Amended  IN  Assembly  April 07, 2011

CALIFORNIA LEGISLATURE— 2011–2012 REGULAR SESSION

Assembly Bill
No. 35


Introduced  by  Assembly Member Solorio

December 06, 2010


An act to add Section 3884.05 to the Food and Agricultural Code, relating to state property.


LEGISLATIVE COUNSEL'S DIGEST


AB 35, as amended, Solorio. State property: 32nd District Agricultural Association.
Existing law divides the state into agricultural districts within the boundaries of which agricultural associations may be formed. Existing law provides that District 32 is the County of Orange. Existing law creates District 32a which consists of all that real property that is a portion of District 32 that is commonly known as the Orange County Fair and authorizes the Department of General Services to sell all or any portion of the real property that composes District 32a pursuant to a public bidding process.
This bill would authorize the Board of Directors of the Orange County Fair, or an agent of that entity, as specified, to enter into a revenue sharing plan with the state regarding property of the Orange County Fairgrounds Fair, as specified, if the plan would generate an amount in excess of $100,000,000 for the state over a period not to exceed 40 years from the initial date of the agreement. The bill would also require, not less than 30 days prior to entering into that agreement, the Director of General Services to submit the complete terms of the agreement to the Joint Legislative Budget Committee.
Vote: MAJORITY   Appropriation: NO   Fiscal Committee: YES   Local Program: NO  

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


SECTION 1.

 Section 3884.05 is added to the Food and Agricultural Code, to read:

3884.05.
 (a) In addition to any other power authorized by law, the Board of Directors of the Orange County Fair, or an agent of that entity who contracts with the state on behalf of that entity, may enter into a revenue sharing plan with the state regarding the real property that composes District 32a, along with any personal property owned by the 32nd District Agricultural Association and the 32nd District Agricultural Association’s right to operate the Orange County Fair, if the plan would generate an amount in excess of one hundred million dollars ($100,000,000) for the state over a period not to exceed 40 years from the initial date of the agreement.
(b) Not less than 30 days prior to entering into any agreement pursuant to subdivision (a), the Director of General Services shall submit the complete terms of the agreement to the Joint Legislative Budget Committee.