DIVISION 7. KAPILOFF LAND BANK ACT [8600. - 8633.]

Division 7 added by Stats. 1982, Ch. 1471, Sec. 1.

§§ 8600–8633 · 27 sections

1. CHAPTER 1. General Provisions §§ 8600–8602 · 3 sections

   • § 8600 This division shall be known and may be cited as the Kapiloff Land Bank Act.
   • § 8601 Unless the context otherwise requires, the definitions in this section govern the construction of this division. (a) “Commission” means the State Lands…
   • § 8602 The Legislature finds and declares as follows: (a) Wetlands are essential to the environmental, economic, and social well-being of the people of the State of…
2. CHAPTER 2. Land Bank Fund §§ 8610–8618 · 10 sections

   • § 8610 (a) There is in the State Treasury the Land Bank Fund, which fund is hereby created. All moneys in the fund are appropriated to the commission for expenditure,…
   • § 8611 The commission shall be responsible for carrying out the provisions of this division.
   • § 8612 The trustee is authorized to acquire real property or any interest in real property for the purposes of facilitating title settlements and, with respect to a…
   • § 8612.5 The trustee is authorized to manage and improve real property for purposes of providing open space, habitat for plants and animals, and public access.
   • § 8613 (a) Moneys in the fund shall be available for expenditure by the trustee to purchase outstanding interests in tide and submerged lands whether or not they have…
   • § 8614 The acquisition and subsequent management of the real property shall be consistent with the San Francisco Bay Plan specified in Section 66603 of the Government…
   • § 8615 The trustee shall act only at an open, scheduled public meeting, subject to all provisions of Division 6 (commencing with Section 6000) relating to meetings of…
   • § 8616 The provisions of this division are not intended as exclusive, and shall not restrict the commission in otherwise meeting its responsibilities for resolving…
   • § 8617 The trustee is authorized to accept gifts of real property or money for the purposes of this division.
   • § 8618 (a) On or before January 2 of each year, the trustee shall prepare and submit to the Governor and the Legislature a report describing its progress in achieving…
3. CHAPTER 3. Administration §§ 8620–8633 · 14 sections

   • § 8620 Acquisitions may be made by negotiated agreement with the owners of the outstanding interests. No provision of this division is intended to confer any…
   • § 8621 The purchase price shall not exceed the fair market value of the outstanding interests to be acquired. Prior to any such acquisition the trustee shall review…
   • § 8622 As soon as practicable after initiating a title and parcel acceptability study for possible acquisition pursuant to this division, the trustee shall mail a…
   • § 8623 The trustee shall make all reasonable attempts to acquire the mineral and other subsurface rights in any acquisition pursuant to this division. In the event…
   • § 8624 The trustee shall have the exclusive jurisdiction and authority to administer the fund and the interests in real property acquired pursuant to this division,…
   • § 8625 (a) The consideration passing to the state in title settlements may consist, in whole or in part, of monetary payments to the trustee for deposit into the fund…
   • § 8626 Upon acceptance of a conveyance pursuant to Section 8627 the trustee shall thereafter convey to the state a parcel or other interest therein, whose economic…
   • § 8627 The state, in its sovereign capacity, shall accept any such conveyance, and the land shall thereafter be held by the state as land of the legal character of…
   • § 8628 The commission shall accept the conveyances on the part of the state and shall authorize their acknowledgment and recordation.
   • § 8629 Until expended for acquisitions in accordance with the provisions of this division, moneys in the fund shall be deposited in the Pooled Money Investment Fund…
   • § 8630 In addition to the purchase price to be paid, the costs and expenses attributable to the acquisition may be payable from the fund, provided that such costs…
   • § 8631 The provisions of this division shall not be subject to the provisions of the California Environmental Quality Act (commencing with Section 21000 of the Public…
   • § 8632 Nothing in this division shall be construed to impair the ability of any other state agency from acquiring lands for wetlands restoration and enhancement.
   • § 8633 Nothing in this division relieves the trustee or its successors in interest from any requirement to obtain state permits, licenses, or approvals otherwise…