Real property: City of Half Moon Bay.

Existing law establishes the Regional Planning, Housing, and Infill Incentive Account within the Housing and Emergency Shelter Trust Fund of 2006 and allocates $200,000,000 for the creation, development, or rehabilitation to encourage infill development. Existing law establishes the Habitat Conservation Fund for, among other things, the acquisition of habitat, including native oak woodlands, necessary to protect deer and mountain lions, and to protect rare, endangered, threatened, or fully protected species. Existing law establishes the State Coastal Conservancy Fund for the support of coastal conservation, and establishes the San Francisco Bay Area Conservancy Program Account within the State Coastal Conservancy Fund, for the purpose of depositing and disbursing funds, upon appropriation by the Legislature, for the administration and implementation of the San Francisco Bay Area Conservancy Program. This bill would require the state to loan $10,000,000, $2,500,000 from the Regional Planning, Housing, and Infill Incentive Account within the Housing and Emergency Shelter Trust Fund of 2006, $2,500,000 from the Habitat Conservation Fund, $2,500,000 from the State Coastal Conservancy Fund, and $2,500,000 from the San Francisco Bay Area Conservancy Program Account within the State Coastal Conservancy Fund, to the City of Half Moon Bay to purchase certain property known as the Beachwood Property to assist the city relating to its settlement of a specified case, which would result in an appropriation.