California Government Code 37394 – A city or city and county may lease property owned, held or …
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A city or city and county may lease property owned, held or controlled by it for not to exceed 55 years, if the contemplated use of the property is for off-street parking purposes. This section is applicable to any lease executed on or after January 1, 1986.
(Amended by Stats. 1986, Ch. 515, Sec. 1. Effective July 24, 1986.)
Terms Used In California Government Code 37394
- City: includes "city and county" and "incorporated town" but does not include "unincorporated town" or "village. See California Government Code 20
- County: includes city and county. See California Government Code 19
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC