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Existing law vests the Department of Transportation with full possession and control of all state highways and all property and rights on property acquired for state highway purposes. Various provisions of existing law specifically provide for the acquisition, transfer, and use of property owned by the department. This bill would, with respect to a parcel that the department transferred to the City of Lynwood, require the department, upon request from the city, to develop and enter into an agreement with the city to release and remove a deed restriction imposed on that parcel if the city agrees to transfer the deed restriction to another specified parcel and other certain other requirements are met. If the city and department enter into this agreement, the bill would require the city to submit reports to the Legislature, and specified committees of the Legislature, at prescribed intervals on the use of this authority to develop those parcels. This bill would make legislative findings and declarations as to the necessity of a special statute for the City of Lynwood.