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California Code, Government Code - GOV § 37395

Current as of January 01, 2025 | Updated by Findlaw Staff

A city may lease for not to exceed 55 years property owned, held, or controlled by it, or any of its departments, for commercial development for business purposes, when the governing body determines by ordinance or resolution that the property is not required for other city purposes.  This section is applicable to any lease executed on or after January 1, 1986.

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Cite this article: FindLaw.com - California Code, Government Code - GOV § 37395 - last updated January 01, 2025 | https://codes.findlaw.com/ca/government-code/gov-sect-37395/

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