CA SB695

California Science Center shall not delegate management and operation of its parking facilities to any other party, clarifying this is existing law.

California Science Center must establish minimum and maximum parking rates for parking facilities in Exposition Park.

California Science Center cannot sell or lease parking facilities, Los Angeles Memorial Coliseum, or Los Angeles Memorial Sports Arena for more than 10 years without legislative authorization, except for leases requiring substantial capital improvements by the lessee.

All revenues from California Science Center parking facilities, museum rentals, and other business activities must be deposited in the Exposition Park Improvement Fund and used only for Exposition Park improvements upon legislative appropriation.

Act takes effect immediately as an urgency statute.