• Established in 1972 · CBPA has over four decades of service to the commercial industrial retail real estate industry
  • Archive for October 1st, 2010

    Oct 1

    ICSC ALLIANCE PROGRAM – WALNUT CREEK

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    The Alliance Program is a special ICSC initiative that provides forums for the public and private sectors to network, share ideas, discuss industry issues and explore retail development opportunities. ICSC Alliance meetings are both time and cost effective opportunities for public officials, developers, retailers and other industry leaders to grow their relationships and learn from one another.  On Thursday, October 7, you are invited to attend an Alliance luncheon in Walnut Creek.

    Years of chronic budget crisis at the State level have frustrated everyone. Repeatedly, the Legislature has balanced California’s budget by taking or borrowing from local Redevelopment Agencies and other local funds. Local agencies are pushing back with a November ballot initiative, Proposition 22: the Local Taxpayer, Public Safety and Transportation Protection Act. 

    If you develop, own, broker, promote, plan or design commercial or retail property, you need to understand Proposition 22.   Here are some of the questions that will be addressed at this lunch:  How do the “raids” on local funds affect your city, county and business?  What would your city look like without the economic development efforts of your local redevelopment agency?  What about transit, public safety and other locally-collected monies?  Will another “ballot-box budgeting” initiative really solve this problem?

    Click here to register for the October 7 luncheon program in Walnut Creek.

    Oct 1

    CBPA 2010 INDUSTRY AWARDS DINNER

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    The CBPA Industry Awards Dinner is rapidly approaching!  The dinner will be held on October 21, 2010, at The Fairmont Hotel in Newport Beach.

    This year we will be awarding our Champion of the Industry Awards to Art Coppola with Macerich, Richard Ziman with AVP Advisors, LLC and Howard Schwimmer with Rexford Industrial.  In addition to the Champions of the Industry Award recipients, CBPA is also recognizing two companies for their dedication and commitment to community service and the commercial real estate industry. Ranney Draper with Spring Creek Investors is the recipient of the John Caldecott Memorial Award for his community charitable actions and The Irvine Company is being awarded the Ernest W. Hahn Memorial Award for their service to the commercial real estate industry.

    Click here for more information.

    Oct 1

    POSITIONS ON PROPOSITIONS

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    The Board of Directors has taken the following positions on statewide propositions that will be on the November Ballot.  As a statewide professional organizations representing commercial retail real estate, positions are taken on issues that have a unique and/or disproportionate impact on our businesses.

    Proposition 22 – Bars the state from taking/borrowing money dedicated for local government, redevelopment or transit agencies. 

    Proposition 22 Title, Summary and Analysis

    Proposition 22 Arguments and Rebuttals 

    POSITION:  Support, “Yes.”

    Proposition 24 – Repeals recent legislation that allows businesses to carry-back losses, share tax credits, and use other formulas to lower taxable income in the state. 

    Proposition 24 Title, Summary and Analysis 

    Proposition 24 Arguments and Rebuttals

    POSITION:  Oppose “No.”

    Proposition 25 – Change vote requirement to pass the state budget from two-thirds to a simple majority.  

    Proposition 25 Title, Summary and Analysis

    Proposition 25 Arguments and Rebuttals 

    POSITION:  Oppose “No.”

    Proposition 26 – Increases legislative vote requirement from majority to two-thirds for approving state fees, levies and surcharges. 

    Proposition 26 Title, Summary and Analysis

    Proposition 26 Arguments and Rebuttals 

    POSITION:  Support “Yes.”

    If you have any questions, comments, or would like more context or information regarding these positions, feel free to contact us.

    Oct 1

    BILLS SIGNED/VETOED BY THE GOVERNOR

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    Below is a list of some of the high priority bills the Governor acted on before the Sign/Veto deadline that struck at Midnight last night.  We have included veto messages where available.  If you don’t see a bill on this list that you care about, or if you have questions or want more information about any of these bills, please simply reply to this email:

    AB 482 (D-Mendoza) – Employment: Consumer Credit Reports. This measure prohibits employers from using consumer credit reports for employment purposes unless the information is “substantially job related” as defined. Oppose. Vetoed.

    AB 737 (Chesbro; D – Eureka) Mandates commercial recycling measure on private buildings but not public facilities. Measure is redundant of the new CalRecycle regulations. Oppose. Vetoed

    AB 1680 (Saldana; D – San Diego) Prohibits the enforcement of an arbitration agreement for a civil lawsuit based on discriminatory behavior prohibited under the Ralph Civil Rights Act. Oppose. Vetoed.

    AB 1693 (Ma; D – San Francisco) Measure will modify the code adoption cycle and extend it to an 18 month process, adding three months to the interim update process.  Sponsored bill. Signed by the Governor.  

    AB 1881 (Monning; D – Santa Cruz) Doubles the liquidated damages that can be awarded against employers in minimum wage actions in court.  Oppose. Vetoed.

    AB 1927 (R-Knight) – Common Interest Developments: Rentals. This legislation would provide that the governing documents for a Common Interest Development that is amended, adopted, or recorded on or after January 1, 2011, shall not prohibit the rental or lease of a separate interest in a common interest development unless the provision imposing the prohibition is approved by the owners of separate interests.  Support. Vetoed

    AB 2340 (Monning; D – Santa Cruz)  Mandates every employer to provide every employee with up to three days of unpaid bereavement leave per year and creates a private right of action for violations of the bill’s provisions. Oppose. Vetoed.

     AB 2743 (D-Nava) – Rental Property: Animals.  This bill would prohibit a landlord from advertising or establishing rental policies that requires a tenant or a potential tenant with an animal to have that animal debarked or declawed. Support. Vetoed.

     AB 2670 (J. Pérez; D – Los Angeles) Mandates certain state buildings be evaluated using a private green building program without recognizing the state’s own green building code, CALGreen. Oppose.  Vetoed.  

    SB 183 (D-Lowenthal) – Carbon Monoxide Detectors 183 requires an owner of a dwelling unit intended for human occupancy to install a carbon monoxide device in each existing dwelling unit that has a fossil fuel burning heater or appliance, fireplace, or an attached garage, as follow.   Single family July 1, 2011; All defined dwellings Jan 1, 2013.  Fixed. Signed by the Governor.

     SB 1272 (Wolk; D – Davis) Requires repeal of all new tax incentives after seven years. Applies performance metrics to private companies receiving tax funds, but does not apply the same standard to state agencies. Oppose. Vetoed

    SB 1427 (D-Price) – Foreclosures: Maintenance. This bill requires a governmental entity, prior to imposing a fine for a property owner’s failure to maintain a vacant property acquired by foreclosure, to provide the owner of the property with notice and an opportunity to correct the violation. Support.  Signed by the Governor.

    AB 1405 (De Leon; D – Los Angeles) Diverts 10% of fees levied on businesses under AB 32 regulations to Environmental Justice advocacy groups. Oppose.  Vetoed

    Oct 1

    STILL NO BUDGET – 93 DAYS LATE

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    Even though word leaked out last week that the state’s longest budget impasse in history was drawing to a close, we still have no budget agreement.  Lack of a budget has a significant impact on the commercial real estate industry. Many building owners that lease to state entities have not been paid for two or three months; and many contractors that service the buildings are expected to continue to work, even though invoices are not being attended to.  We call for the Governor and Legislature to adopt a budget that honestly accounts for income and spending.