Title
Title
Court Facilities: Delegation of Authority for Disposition of Equity Interests (Action Required)
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Summary
Summary
Following the completion of construction of new courthouses, and at other times for operational reasons, courts vacate court facilities that are no longer suitable to the needs of the judicial branch. Often the vacated court facilities are located in buildings where the counties are the owner of record, but the Judicial Council remains liable for, and obligated to pay its share of the cost of operations and maintenance of its equity interest in the closed court facilities. To eliminate the continuing liability and cost associated with permanently closed court facilities in county-owned buildings, the Facilities Policies Working Group recommends delegating to the Administrative Director the authority to dispose of the Judicial Council’s equity interest in such facilities where the counties are the owner of record.
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Recommendation
Recommendation
The Facilities Policies Working Group recommends that the Judicial Council, effective September 15, 2017, delegate to the Administrative Director or his designee the authority to:
1. Take all steps necessary to permanently dispose of, in fair market rate transactions, the Judicial Council’s equity interests in court facilities in county-owned facilities that have been or will be permanently closed;
2. Sign equity disposition agreements and any other related documents needed to complete the transactions; and
3. Report back to the Judicial Council annually on such permanent equity dispositions.