Section 16341 Of Article 9. School Housing Aid For Rehabilitation And Replacement Of Structurally Inadequate School Facilities From California Education Code >> Division 1. >> Title 1. >> Part 10. >> Chapter 6. >> Article 9.
16341
. Whenever a school district receives or has received an
apportionment under this article for the purchase of a site which
contains existing improvements, the board may require the district to
dispose of any existing improvements that a condition of receiving
an apportionment in any manner that the board deems proper. Whenever
a district sells, leases or disposes of any site acquired under an
apportionment or any improvements appurtenant to any site so acquired
it shall contribute a portion of the net proceeds therefrom or the
value of any consideration received therefor, in reduction of any
apportionment, such portion being proportionate to the state's
participation in the project.