Sale or Lease of Real Property

Cal. EDC § 17463.5

California Statutes

(

a) For purposes of this section, “designated school district” means the Inglewood Unified School District, the Oakland Unified School District, the South Monterey County Joint Union High School District, and the Vallejo City Unified School District. (b)

(1) Notwithstanding Sections 17456, 17457, 17462, 17462.7, and 17463, or any other law, until the emergency apportionment loan is repaid, a designated school district with an outstanding emergency apportionment loan pursuant to

Article 2 (commencing with

Section 41320) of

Chapter of Part of Division of Title 2, as of July 1, 2018, may sell or lease surplus real property, together with any personal property located on the real property, owned by the designated school district and use the proceeds from the sale or lease to service, reduce, or retire the debt on the emergency apportionment loan, or for capital improvements of the facilities of the designated school district pursuant to subdivisions (

a) and (

b) of

Section 17462.

(2) The sale or lease of surplus real property pursuant to this subdivision shall be sold or leased pursuant to

Section 17458, 17464, or 17489, as applicable. (

c) Notwithstanding any other law, a designated school district that uses the proceeds from the sale or lease of surplus real property pursuant to subdivision (

b) shall not be eligible for financial hardship assistance pursuant to

Article 8 (commencing with

Section 17075.10) of

Chapter 12.5 of

Part 10. (

d) Nothing in this

section shall be construed as modifying the responsibility of a designated school district to accommodate pupils in accordance with

Section 47614. (

e) Nothing in this

section shall exclude the designated school districts with outstanding emergency apportionment loans, pursuant to

Article 2 (commencing with

Section 41320) of

Chapter of Part of Division of Title 2, as of July 1, 2018, except as provided in subdivision (c), from participating in or benefitting from any program authorized pursuant to

Chapter 12 (commencing with

Section 17000),

Chapter 12.5 (commencing with

Section 17070.10), or

Chapter 14 (commencing with

Section 17085) of

Part 10, or any other state school facilities funding program. (

f) Notwithstanding any other law, this

section shall not be subject to waiver by the state board pursuant to

Section or by the Superintendent.

Document details

CollectionCalifornia Statutes
CitationCal. EDC § 17463.5
Date2018-09-17
Typestatute
Languageen
SourceCA_STAT
IdentifierEDC17463.5.20184265

Sale or Lease of Real Property

Cal. EDC § 17463.5

California Statutes

Sale or Lease of Real Property

Cal. EDC § 17463.5

California Statutes

(

a) For purposes of this section, “designated school district” means the Inglewood Unified School District, the Oakland Unified School District, the South Monterey County Joint Union High School District, and the Vallejo City Unified School District. (b)

(1) Notwithstanding Sections 17456, 17457, 17462, 17462.7, and 17463, or any other law, until the emergency apportionment loan is repaid, a designated school district with an outstanding emergency apportionment loan pursuant to

Article 2 (commencing with

Section 41320) of

Chapter of Part of Division of Title 2, as of July 1, 2018, may sell or lease surplus real property, together with any personal property located on the real property, owned by the designated school district and use the proceeds from the sale or lease to service, reduce, or retire the debt on the emergency apportionment loan, or for capital improvements of the facilities of the designated school district pursuant to subdivisions (

a) and (

b) of

Section 17462.

(2) The sale or lease of surplus real property pursuant to this subdivision shall be sold or leased pursuant to

Section 17458, 17464, or 17489, as applicable. (

c) Notwithstanding any other law, a designated school district that uses the proceeds from the sale or lease of surplus real property pursuant to subdivision (

b) shall not be eligible for financial hardship assistance pursuant to

Article 8 (commencing with

Section 17075.10) of

Chapter 12.5 of

Part 10. (

d) Nothing in this

section shall be construed as modifying the responsibility of a designated school district to accommodate pupils in accordance with

Section 47614. (

e) Nothing in this

section shall exclude the designated school districts with outstanding emergency apportionment loans, pursuant to

Article 2 (commencing with

Section 41320) of

Chapter of Part of Division of Title 2, as of July 1, 2018, except as provided in subdivision (c), from participating in or benefitting from any program authorized pursuant to

Chapter 12 (commencing with

Section 17000),

Chapter 12.5 (commencing with

Section 17070.10), or

Chapter 14 (commencing with

Section 17085) of

Part 10, or any other state school facilities funding program. (

f) Notwithstanding any other law, this

section shall not be subject to waiver by the state board pursuant to

Section or by the Superintendent.

Document details

CollectionCalifornia Statutes
CitationCal. EDC § 17463.5
Date2018-09-17
Typestatute
Languageen
SourceCA_STAT
IdentifierEDC17463.5.20184265
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