• Established in 1972 · CBPA has over four decades of service to the commercial industrial retail real estate industry
  • Archive for June 16th, 2017

    Jun 16


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    A state budget that adds money to both social programs and attempts to rein-in the University of California, passed by both houses of the Legislature in time to meet the constitutional deadline of June 15.  This plan includes a $183.2 billion package, the largest state budget in history. Assembly Speaker Anthony Rendon (D-Paramount), said the plan “does things for people, not to people, while Senate Republican Leader Patricia Bates (R-Laguna Niguel) criticized the budget as being too large.

    At the end of the fiscal year under this plan, the state would end up with 8.5 billion in the voter-approved rainy-day reserve and another $1.4 billion in the state’s regular reserve as well.

    The budget will now be sent to Governor Brown’s desk for finalization pending his signature, however, many “trailer bills,” where the money is actually allocated, are still being debated in the Legislature and many big-ticket items, such as “Cap-and-Trade” are still being negotiated.  We will keep you posted.

    Jun 16


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    This week the annual California Commercial Real Estate Summit (CCRES) was held in Sacramento and attended by over 80 real estate leaders who converged on California’s Capitol to advocate on behalf of the commercial, retail, and industrial real estate industry.  “Teams” of advocates, made up of leaders from all over the state, met with almost half of the State Legislature.

    The focus of this year’s CCRES was support for a number of bills that reform our state’s parcel tax notification laws, support for solar energy and building level battery storage, as well as expressing opposition for the split roll property tax proposal announced by Senator Mitchell (D-Los Angeles) and Senator Skinner (D-Berkeley) in April.

    We were also pleased to present our 2017 Legislators of the Year Senate Minority Leader Senator Pat Bates (R-Laguna Niguel) and Assemblymember Jim Cooper (D-Elk Grove) who is a prominent member of the Legislative Moderate Caucus.

    This years participants also met with Diane Harkey, Chair of the Board of Equalization as well as Alexis Podesta, Secretary Business, Consumer Services & Housing Agency.

    Senator Steve Glazer (D-Orinda) joined the group the Governor’s Office to discuss legislative issues under consideration in the State Senate and how tough it is to try to govern by representing one’s district, and not simply voting with partisan interests in mind.   Everyone walked away from that meeting with a baseball sized card with Mr. Glazer’s “Governing Principles”.  (See more below).

    Finally, delegates met with nearly half of the State Legislature.

    The goal of the California Commercial Real Estate Summit is to increase public policy and political awareness of state issues impacting commercial, industrial, and retail real estate, and to foster collaborative efforts among business leaders from all sectors of California and their representatives in the State Legislature.

    We would like to thank all of our members who took the time to attend the CCRES!

    Jun 16


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    Senator Steve Glazer (D-Orinda) spoke with the CCRES Delegates in a frank manner about his experience in the Legislature and his struggle to assure that he represents his constituents and doesn’t fall into the partisan pitfalls of Sacramento.

    He illustrated the notion that legislators must “fall in line” with partisan interests by sharing an anecdote that although he supported a certain public employee union over 85% of the time, that union gave him a score of “F” and spent a significant amount of money and ran a candidate against him.

    According to his bio, “Senator Glazer has become a forceful advocate for smart, efficient and compassionate government. Considered one of the rare independent voices in the Legislature, Senator Glazer votes the issue, not the party. He has defied easy labels, working with a wide spectrum of groups with varying needs and issues. Senator Glazer supported common sense legislation that upholds his 10 Governing Principles, whether reaching across the aisle or voting with his own party.”  After working with the Senator, we agree with his own assessment.

    His bio further states, “Senator Glazer has made accountability and transparency a hallmark of his stay in the Legislature. He returns home every day from Sacramento, taking per diems only on the rare days he stays overnight in Sacramento, and does not accept gifts.”

    Senator Glazer’s Ten Governing Principles very much impressed the CCRES participants, so we want to share them with you:

    1. Represent the people of our Senate district, not political parties or special interests;
    2. Maintain a balanced budget to allow government to help people, and people to have confidence in government;
    3. Pursue bipartisan decisions. They are always better and longer lasting;
    4. Emphasize education as the gateway to opportunity and prosperity;
    5. Work hard to set priorities and hold the line on taxes;
    6. Incorporate environmental protection as part of every decision;
    7. Empower local decision-making rather than state mandates. It is more responsive and trustworthy;
    8. Advance accountability and efficiency with every government program;
    9. Promote civility and respect for all people and perspectives;
    10. Conduct myself always with honesty and integrity.

    Bravo Senator, bravo.