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ARTICLE 1 - Title and Policy
Section 40500. - 40500. This chapter shall be known as the Municipal Federal...
Section 40501. - 40501. It is hereby declared to be the policy of...
Section 40502. - 40502. Such authority, when created, shall constitute a public corporation....
ARTICLE 2 - Definitions
Section 40506. - 40506. Unless the provision or the context otherwise requires, the...
Section 40507. - 40507. “Authority” means a surplus property authority created pursuant to...
Section 40508. - 40508. “Local agency” means city, city and county, or county...
Section 40509. - 40509. “Clerk” means the clerk of the authority. (Added by...
Section 40510. - 40510. “Contract” means a contract entered into by the authority...
Section 40511. - 40511. “Commission” means the legislative body of the authority. (Added...
Section 40512. - 40512. “Commissioner” means a member of the commission. (Added by...
Section 40513. - 40513. “Legislative body” means the city council or other legislative...
Section 40515. - 40515. “Person” includes any individual, firm, copartnership, association, corporation, trust,...
Section 40516. - 40516. “President” means the presiding officer of the commission. (Added...
Section 40517. - 40517. “Property” means any real property acquired pursuant to the...
Section 40518. - 40518. “Treasurer” means the fiscal officer of the authority. (Added...
ARTICLE 3 - Surplus Property Authority
Section 40520. - 40520. There is, in each city, city and county, or...
Section 40521. - 40521. The authority shall not transact any business or exercise...
Section 40522. - 40522. The determination that there is need for an authority...
Section 40523. - 40523. In any suit, action, or proceeding by or against...
Section 40524. - 40524. At the time the authority becomes authorized to transact...
Section 40525. - 40525. Quarterly, semiannually, or annually, as the legislative body prescribes,...
Section 40526. - 40526. At least once annually the authority shall publish a...
Section 40527. - 40527. If within four years after the adoption of an...
Section 40528. - 40528. After adoption of an ordinance declaring there is no...
Section 40529. - 40529. At any time after the activation of an authority,...
ARTICLE 4 - Surplus Property Commission and Officers
Section 40530. - 40530. The legislative body shall be ex officio the governing...
Section 40531. - 40531. The members of the legislative body shall be the...
Section 40532. - 40532. The presiding officer of the legislative body, or other...
Section 40533. - 40533. The commission shall appoint as clerk of the authority,...
Section 40534. - 40534. The commission shall appoint as treasurer of the authority,...
Section 40535. - 40535. The commission may appoint as manager of the authority,...
Section 40536. - 40536. The commission may appoint as its attorney, engineer or...
Section 40537. - 40537. Before entering upon the duties of an office, each...
Section 40538. - 40538. The bond of the treasurer of the local agency...
Section 40539. - 40539. If allowed by the commission, a commissioner shall receive...
Section 40540. - 40540. The commission shall fix the amount of compensation and...
Section 40541. - 40541. Within 30 days after the effective date of the...
Section 40542. - 40542. The commission shall: (a) Designate the presiding officer of...
Section 40543. - 40543. At its organization meeting the commission may transact any...
Section 40544. - 40544. The commission is the governing body of the authority....
Section 40545. - 40545. The powers of the authority enumerated in this chapter...
Section 40546. - 40546. The commission shall act in the manner and subject...
Section 40547. - 40547. A majority of the commission shall constitute a quorum...
Section 40548. - 40548. No ordinance, resolution or motion shall be passed or...
Section 40549. - 40549. Except where action is taken by the unanimous vote...
Section 40550. - 40550. The enacting clause of all ordinances passed by the...
Section 40551. - 40551. All ordinances shall be signed by the president and...
Section 40552. - 40552. All legislative sessions of the commission shall be subject...
Section 40553. - 40553. The commission shall establish rules for its proceedings. (Added...
Section 40554. - 40554. Each member of the commission, or the clerk, may...
Section 40555. - 40555. The president shall: (a) Sign all contracts on behalf...
Section 40556. - 40556. The clerk shall: (a) Countersign all contracts on behalf...
Section 40557. - 40557. The manager, subject to the approval of the commission,...
Section 40557.1. - 40557.1. Where the local agency has established or establishes by...
Section 40558. - 40558. The treasurer shall install and maintain a system of...
ARTICLE 5 - Powers
Section 40560. - 40560. An authority shall be managed under the provisions of...
Section 40561. - 40561. Each authority has the power generally to perform all...
Section 40562. - 40562. An authority has perpetual succession. (Added by Stats. 1963,...
Section 40563. - 40563. An authority may adopt a seal and alter it...
Section 40564. - 40564. An authority may make contracts to carry out the...
Section 40565. - 40565. An authority may have construction or other work performed...
Section 40566. - 40566. The authority may: (a) Sue and be sued, have...
Section 40567. - 40567. The authority may: (a) Purchase, lease, obtain option upon,...
Section 40568. - 40568. The authority shall not be bound by any contract...
ARTICLE 6 - Co-operation
Section 40570. - 40570. The authority may enter into a contract and otherwise...
Section 40571. - 40571. The authority may enter into a contract for the...
Section 40572. - 40572. The authority may obligate itself to pay the purchase...
Section 40573. - 40573. All revenues and income received from the sale or...
Section 40574. - 40574. The authority may enter into leases or contracts of...
Section 40575. - 40575. The commission may, and, if required by any federal...
Section 40576. - 40576. The action provided in Section 40575 shall be brought...
Section 40577. - 40577. No contest of any thing or matter provided in...
Section 40578. - 40578. In any such action all findings of fact or...
ARTICLE 7 - Bonds
Section 40581. - 40581. Pursuant to this chapter an authority may create a...
Section 40582. - 40582. Proceedings for the issuance of the bonds shall be...
Section 40583. - 40583. The clerk shall publish the revenue bond ordinance once...
Section 40584. - 40584. The revenue bond ordinance shall specify the total amount,...
Section 40585. - 40585. The commission may pledge all or any part of...
ARTICLE 8 - Financial
Section 40591. - 40591. It is the intention of this chapter that the...
Section 40592. - 40592. The commission shall establish and collect rentals, which, with...