California Government Code

§ 37612.3

GOV § 37612.3 Effective May 28, 1992Div. 3 · Title 4 · Part 2 · Ch. 5 · Art. 7

Statute text

Notwithstanding any other provision of law, upon a recommendation by the board of trustees and upon a finding by the city council that it will be in the best interests of the municipal hospital to provide additional diversification of facilities, the board of trustees may lease and operate the realty facilities, and business of a hospital district in California, or create a leasehold interest in its own realty, improvements, and business in favor of a hospital district, if the following apply:

(a)That the lease when taken together with any extensions of the lease shall not exceed a total of 10 years.

(b)That the lessor district or lessor city shall not finance any capital improvements through the use of the lessor district’s or lessor city’s credit.

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Legislative history

Added by Stats. 1992, Ch. 72, Sec. 12. Effective May 28, 1992.