California Government Code
§ 14672.98
GOV § 14672.98 Effective Jan 1, 2002Div. 3 · Title 2 · Part 5.5 · Ch. 2 · Art. 2
Statute text
View on leginfo.ca.gov(a)The Department of General Services shall lease upon terms and conditions deemed in the best interest of the state, any or all of the Preston Castle portion of the Ione Youth Facility as agreed to and designated by the Department of the Youth Authority.
(b)The property shall be let for a term not to exceed 55 years and for the consideration of one dollar ($1) per year. The property shall be let to the Preston Castle Foundation, a nonprofit public benefit corporation, for uses that include, but are not limited to, museums, art gallery, courtroom, city hall, hostel, adult college classrooms and dormitory, culinary school, senior center, and related retail that shall be consistent with the lease agreement.
(c)The Preston Castle portion of the Ione Youth Facility shall be leased in its “as is” condition and the state shall have no liability for repairs, rehabilitation, or other improvements. The lease shall provide that the lessee shall undertake and accomplish significant repairs, rehabilitation, or other improvements not later than 15 years from the effective date of the lease.
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Legislative history
Added by Stats. 2001, Ch. 271, Sec. 1. Effective January 1, 2002.