Section 15406.5 Of Chapter 5. Leasing Of State Water Bottoms From California Fish And Game Code >> Division 12. >> Chapter 5.
15406.5
. (a) Except as specified in subdivision (b), the commission
shall award water bottom leases to the highest responsible bidder,
if the bid meets or exceeds the minimum annual rent established by
the commission, which shall not be less than two dollars ($2) per
acre, for all species cultivated, unless the acreage applied for is
10 acres or less, in which case the minimum acceptable rent shall be
ten dollars ($10) per acre. The annual rent for any lease in effect
on January 1, 1983, for the cultivation of oysters shall be one
dollar ($1) per acre until the expiration thereof. The commission may
reject any or all bids for the lease of state water bottoms if it
deems the rejection to be in the public interest.
(b) Fees for marine finfish aquaculture leases shall, at a
minimum, be sufficient to pay for the costs of administering the
marine finfish leasing program, and for monitoring and enforcing the
terms of the leases.