Bill > SB304

This bill provides a unique, time-limited exemption for the Port of Oakland to lease certain after-acquired lands in Jack London Square for non-traditional uses, temporarily lifting public trust restrictions until February 1, 2066. The bill specifically addresses the chronic vacancy and economic challenges facing Jack London Square, which comprises only about half a percent of the Port of Oakland's public lands. Under the bill, the Port may lease these after-acquired lands for any purpose, subject to several key conditions: revenues must be used for trust-consistent purposes, leases must not impair public access, must be at fair market value, and must be designed to attract the public to the waterfront. The Port is required to provide annual detailed reports to the State Lands Commission about tenant mix, economic performance, and public access improvements. The bill also mandates prevailing wage standards for certain privately funded tenant improvements over specific cost thresholds. Importantly, the legislation is intentionally narrow in scope, with the Legislature explicitly stating that it sets no precedent for other public trust lands in California. The use restrictions will automatically resume on February 2, 2066, returning the lands to their original public trust constraints.

Agriculture and Natural Resources, Budget and Finance

https://leginfo.legislature.ca.gov/faces/billStatusClient.xhtml?bill_id=202520260SB304