§ 51243.6
91 words·~1 min read·
/ca/government-code/51243-6A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
The Legislature finds and declares the following:
(a)The enforceability of contracts entered into pursuant to this article is necessary to permit the preferential taxation provided to the owners of land under contract, pursuant to Section 8 of Article XIII of the California Constitution.
(b)The option granted to a city pursuant to Section 51243.5 to elect not to succeed to a contract may be held only by the city.
(c)No contracting landowner has a reasonable expectation that a contract can be terminated immediately pursuant to this article without penalty.