Local government: sales of specific water utility property.

Existing law provides that a city may purchase, lease, receive, hold, and enjoy real and personal property, and control and dispose of it for the common benefit. Other existing law establishes specific procedures for sale of public utility property owned by a municipal corporation, with special provisions that are applicable to the sale of property of a water utility. This bill would, until January 1, 2014, authorize the City of El Monte in the County of Los Angeles, which owns and operates a public utility for furnishing water service, to sell or transfer all or any part of the utility, as prescribed, if certain requirements are met. This bill would make legislative findings and declarations as to the necessity of a special statute for the City of El Monte. This bill would declare that it is to take effect immediately as an urgency statute.