(a) Notwithstanding any other law, but subject to the conditions specified in subdivision (c), the Department of General Services may enter into a sale or long-term lease of the properties specified in subdivision (b). A sale or long-term lease entered into pursuant to this section may include an option for the state to repurchase that property or building, or both. The Director of General Services may determine the other terms and conditions that shall be imposed upon that sale or lease, for the best interest of the state. Any sale of property pursuant to this section shall be for no less than fair market value. (b) The Department of General Services may enter into a sale or long-term lease pursuant to this section for any, or all, of the following real properties or buildings, or both: (1) The Attorney General Building located at 1300 I Street in the City of Sacramento. (2) The California Emergency Management Agency Building located at 3650 Schreiver Avenue in the City of Rancho Cordova. (3) The Capitol Area East End Complex, located in the City of Sacramento, at all of the following locations: (A) Block 225 located at 1430 N Street in the City of Sacramento. (B) Block 171 located at 1501 Capitol Avenue in the City of Sacramento. (C) Block 172 located at 1500 Capitol Avenue in the City of Sacramento. (D) Block 173 located at 1615 Capitol Avenue in the City of Sacramento. (E) Block 174 located at 1616 Capitol Avenue in the City of Sacramento. (F) The parking facility located at 1214 17th Street in the City of Sacramento. (4) The Elihu M. Harris Building located at 1515 Clay Street in the City of Oakland. (5) The Franchise Tax Board Complex located at 9645 Butterfield Way in the City of Sacramento. (6) The San Francisco Civic Center, also known as the Earl Warren / Hiram Johnson Building, at both of the following locations: (A) 350 McAllister Street in the City and County of San Francisco. (B) 455 Golden Gate Avenue in the City and County of San Francisco. (7) The New Junipero Serra State Building located at 320 West 4th Street in the City of Los Angeles. (8) The Department of Justice Building located at 4949 Broadway in the City of Sacramento. (9) The Public Utilities Commission Building, also known as the Governor Edmund G. âPatâ Brown Building, located at 505 Van Ness Avenue in the City and County of San Francisco. (10) The Judge Joseph A. Rattigan Building located at 50 D Street in the City of Santa Rosa. (11) The Ronald Reagan State Building located at 300 South Spring Street in the City of Los Angeles. (c) (1) The Legislature hereby finds and declares it may be infeasible to sell or lease the real property or buildings listed in subdivision (b), if the real property or buildings have outstanding lease revenue bonds due to bond covenants, market disclosure issues, and federal tax regulations and the bonds cannot be defeased or otherwise retired. (2) If the proceeds of a sale subject to this section will be used to defease or otherwise retire lease revenue bonds on real property or a building listed in subdivision (b), the proceeds in an amount necessary to defease or retire the bonds are hereby appropriated to the Department of General Services, and the Department of General Services may sell that building or real property pursuant to this section, including a fee simple sale or the sale of a lesser property interest, such as a long-term lease of the real property, only if the issuer and trustee for the bonds approves the sale transaction and this approval takes into consideration, among other things, that the proposed sale transaction will not breach any covenant or obligation of the issuer or trustee. (d) The disposition of the real properties or buildings, or both, pursuant to this section does not constitute a sale or other disposition of surplus state property within the meaning of Section 9 of Article III of the California Constitution and shall not be subject to subdivision (g) of Section 11011. (e) Thirty days
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