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 previously occupied by the Fort Ord military base in Monterey County. The act provides that the authority is governed by a board consisting of members from specified cities and authorizes the board to acquire and dispose of existing real property and facilities within the Fort Ord territory, to plan, finance, and construct new public capital facilities within that territory, to levy assessments, special taxes, or development fees, and to issue bonds. The act makes these provisions inoperative when the board determines that 80% of the territory of Fort Ord that is designated for development or reuse in the plan has been developed or reused in a manner consistent with the plan, or June 30, 2014, whichever occurs first, and repeals these provisions on January 1, 2015. This bill would instead make the act inoperative when the board makes the above specified determination, or June 30, 2020, whichever occurs first, and would repeal the act on January 1, 2021. This bill would also require the board to submit and approve a transition plan to the Monterey County Local Agency Formation Commission, as specified. The Fort Ord Reuse Authority Act also authorizes the board to, by ordinance, establish the Redevelopment Agency of Fort Ord and requires that a city or county receiving state subventions based on the military population residing 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.