CHAPTER 5. State Fair Leasing Authority [3351. - 3361.]
Chapter 5 added by Stats. 2007, Ch. 293, Sec. 1.
§§ 3351–3361 · 11 sections
- § 3351 (a) There is hereby created the State Fair Leasing Authority, a joint powers authority formed pursuant to Chapter 5 (commencing with Section 6500) of Division…
- § 3352 (a) The authority shall be governed by a board of directors, which shall be composed of the Secretary of Food and Agriculture, the Director of Finance, the…
- § 3353 (a) The California Exposition and State Fair shall provide clerical services and the use of its staff without charge to the authority. The Department of…
- § 3354 The authority may enter into leases or other agreements for the use of the State Fair Race Track or any other property owned or controlled by the California…
- § 3355 The California Exposition and State Fair, in consultation with the authority, shall prepare a master plan approved by the board of directors of the fair for…
- § 3356 The California Horse Racing Board, at the request of the authority, shall certify the eligibility of any prospective lessee or user of the property to be…
- § 3357 (a) In leasing, or entering into agreements for the use of, the State Fair Race Track or other property owned or controlled by the California Exposition and…
- § 3358 If the authority makes a determination pursuant to this chapter about an action it proposes to take in awarding the State Fair Race Track lease or entering…
- § 3359 After the award of a lease or upon entering into an agreement for the use of State Fair property, the authority shall meet periodically to review the operation…
- § 3360 (a) The authority, in the exercise of its powers, may pledge any and all revenues, moneys, accounts, accounts receivable, contract rights, and other rights to…
- § 3361 The State of California pledges to, and agrees with, the holders of any bonds, other indebtedness, or obligations for the financing of the improvements…