AB 2525: Surplus lands: Mission Bay Park.

<p>The bill amends existing laws regarding the disposal of surplus land by local agencies. It expands the definition of "exempt surplus land" to include lands comprising Mission Bay Park in San Diego, allowing the city to dispose of this land without following standard disposal requirements. The city must notify the Department of Housing and Community Development at least 30 days before disposing of such land and deposit funds from the disposition into a local housing-specific set-aside account. Violations of these provisions would incur penalties similar to those for regular surplus land violations, with specific notification requirements.</p>