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Asm. Holden Joins Sen. Liu to Require Cal Trans to Sell 710 Fwy Homes Gov. Brown Signs SB 416

Published on Wednesday, October 2, 2013 | 1:07 pm
 

Governor Brown signed a historic measure designed to clear the way for the sale of state-owned real estate along the 710 freeway corridor and end decades of speculation about a freeway surface route. Assemblymember Chris Holden is a principal co-author on
SB 416 which was authored by Senator Carol Liu.

“I applaud the Governor for signing this bill, as it is a critical first-step to restoring peace and security to neighborhoods long threatened by Caltrans’ poor property management and an ill-advised surface extension of the 710,” said Assemblymember Holden. “Thanks to Sen. Liu, Caltrans’ decades- long mismanagement of the ‘surplus homes’ will finally come to an end.”

SB 416 enables Cal Trans to get out of the real estate business by selling houses they acquired more than 50 years ago along the 4.5 mile corridor through parts of Pasadena, South Pasadena, Alhambra and East LA. The properties have been plagued by years of mismanagement and neglect. SB 416 accelerates the sale of the properties by allowing them to be sold in “as is” condition.

“I am pleased to have worked with Sen. Liu on this critical measure to ensure that the surface route for the 710 extension is dead and that we can now work toward other options that reduce local pollution and get traffic in the region moving,” concluded Holden.

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