California Government Code

§ 66907.7

GOV § 66907.7 Effective Jan 1, 2006Title 7.42 · Ch. 5

Statute text

(a)The conservancy may award grants to local public agencies, state agencies, federal agencies, federally recognized Indian tribes, the Tahoe transportation district established under Section 66801, and nonprofit organizations, for the purposes of this title.

(b)Grants to nonprofit organizations for the acquisition of real property or interests therein shall be subject to all of the following conditions:

(1)The purchase price of any interest in land acquired by the nonprofit organization may not exceed fair market value as established by an appraisal approved by the conservancy.

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Legislative history

Amended by Stats. 2005, Ch. 47, Sec. 1. Effective January 1, 2006.