(a) This article shall not be interpreted to limit the power of any local agency to sell or lease surplus land at fair market value or at less than fair market value, and any sale or lease at or less than fair market value consistent with this article shall not be construed as inconsistent with an agency’s purpose.

(b) This article shall not prevent a local agency from obtaining fair market value for the disposition of surplus land consistent with this section.

Terms Used In California Government Code 54226

  • Dispose: means either of the following:

    California Government Code 54221

  • Entitlement: A Federal program or provision of law that requires payments to any person or unit of government that meets the eligibility criteria established by law. Entitlements constitute a binding obligation on the part of the Federal Government, and eligible recipients have legal recourse if the obligation is not fulfilled. Social Security and veterans' compensation and pensions are examples of entitlement programs.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • 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
  • Local agency: means every city, whether organized under general law or by charter, county, city and county, district, including school, sewer, water, utility, and local and regional park districts of any kind or class, joint powers authority, successor agency to a former redevelopment agency, housing authority, or other political subdivision of this state and any instrumentality thereof that is empowered to acquire and hold real property. See California Government Code 54221
  • Surplus land: includes land held in the Community Redevelopment Property Trust Fund pursuant to §. See California Government Code 54221

(c) This article shall not be interpreted to limit a local agency’s authority or discretion to approve land use, zoning, or entitlement decisions in connection with the surplus land.

(d) This article shall not be interpreted to require a local agency to dispose of land that is determined to be surplus.

(e) No provision of this article shall be applied when it conflicts with any other provision of statutory law.

(Amended by Stats. 2023, Ch. 788, Sec. 8. (AB 480) Effective January 1, 2024.)

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