Existing law requires a state agency to review all proprietary state lands under its jurisdiction, as specified, to determine what land is in excess of its needs, and to report on these lands to the Department of General Services. Existing law prescribes a process for the disposition of surplus state property.
Existing law creates the Special Fund for Economic Uncertainties in the State Treasury and continuously appropriates moneys in the fund for specified purposes.
This bill would authorize the Director of General Services to sell 59,200 square feet of property located at 5401 Crenshaw Boulevard, Los Angeles, 90043-2407, at fair market value, upon terms and conditions the director determines are in the best interests of the state by January 1, 2030, notwithstanding specified procedures and priorities otherwise applicable to the disposal of surplus property by the department. The bill would require any sale pursuant to these provisions to be for the purposes of redeveloping the property as an affordable housing or mixed-used housing project, as defined. The bill would require the director, in a solicitation for the sale of the property, to solicit proposals from community land trusts, as specified, and to sell the property to a community land trust that responded to the solicitation, unless the director makes specified determinations. The bill would require the director, in evaluating proposals, to consider findings and recommendations from the Los Angeles Black Workers Center, as specified. The bill would require that the proceeds of the sale be expended on bond payments, as specified, and other costs, including costs for the review of the sale of the property and bond counsel. The bill would authorize the director to sell the property below fair market value for purposes of providing an affordable housing or mixed-use housing project, subject to reporting specified information to the Legislature, as prescribed. The bill would require the net proceeds of the sale to be deposited into the Special Fund for Economic Uncertainties, and would specify that moneys in the fund attributable to the sale are not continuously appropriated and are available for expenditure only upon appropriation by the Legislature. The bill would exempt the sale of the property from the California Environmental Quality Act. The bill, after January 1, 2030, would authorize the director to dispose of the property in accordance with specified procedures and priorities otherwise applicable to the disposal of surplus property by the department.
This bill would make legislative findings and declarations as to the necessity of a special statute for the Los Angeles Black Workers Center.

Statutes affected:
SB572: 16418 GOV
08/22/24 - Amended Assembly: 16418 GOV, 16418 GOV
09/05/24 - Enrolled: 16418 GOV
09/27/24 - Chaptered: 16418 GOV