California Government Code 50490 – Pursuant to this article, the legislative body of a local agency may …
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Pursuant to this article, the legislative body of a local agency may lease real property owned by it if:
(a) The property was acquired for a particular purpose with funds derived from an assessment district.
Terms Used In California Government Code 50490
- 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
- Legislative body: as used in this division , means board of supervisors in the case of a county or city and county, and city council or board of trustees in the case of a city, unless the context otherwise requires. See California Government Code 50002
- Local agency: as used in this division means county, city, or city and county, unless the context otherwise requires. See California Government Code 50001
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
(b) It appears to the legislative body that it is advantageous to the owners of property in the local agency or assessment district to use the property for purposes other than the original purpose.
(Added by Stats. 1949, Ch. 81.)