California Public Resources Code

§ 32649

PRC § 32649 Effective Jan 1, 2018Div. 22.9 · Ch. 3

Statute text

(a)The conservancy may award grants to any local public agency, state agency, joint powers agency, special district, tribal nation, and nonprofit organization consistent with the purposes of this division.

(b)A grant from the conservancy to an entity described in subdivision (a) for the acquisition of real property or an interest in real property is subject to all of the following conditions:

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

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Legislative history

Amended by Stats. 2017, Ch. 306, Sec. 7. (SB 214) Effective January 1, 2018.