Sacramento – Assemblymember Patrick O’Donnell (D-Long Beach) introduced his first bill today, Assembly Bill 204, which allows local governments, like Long Beach and Signal Hill, to continue to control the dissolution and sale of long time properties obtained under the former redevelopment law.
Current law requires, by July 15, 2016, local oversight boards to no longer exist and instead have one single entity for all of Los Angeles County. Given the large number of local boards in Los Angeles this presents a problem of having only one body review hundreds of transactions miles away from the community that is impacted.
AB 204 prevents a potential bottlenecking of local governments’ ability to timely conduct their finances which could end up being costly. “Allowing our communities to continue to have local control over their financial operations makes sense. Requiring a single distant board to be responsible for the business decisions of nearly 100 local entities is the equivalent of five car pileup on the 405” said Assemblymember O’Donnell.
The City of Long Beach is sponsoring the legislation, underlying its importance to the city and its implementation of the Long Range Property Management Plan. “Is it attention grabbing like legalizing marijuana? No, but it’s important to my district, is forward thinking in trying to prevent real problems, and saves taxpayer real money by cutting out potential delays,” finished O’Donnell.
Assemblymember Patrick O’Donnell represents the 70th Assembly District which includes Long Beach, Signal Hill, San Pedro and Catalina Island.