California Government Code 25549.3 – The term of any lease or agreement entered into by a county or city …
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The term of any lease or agreement entered into by a county or city and county pursuant to this article shall not exceed 66 years.
(Added by Stats. 1980, Ch. 341.)
Terms Used In California Government Code 25549.3
- 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