Section 17434 Of Article 2.5. Leasing Facilities From California Education Code >> Division 1. >> Title 1. >> Part 10.5. >> Chapter 4. >> Article 2.5.
17434
. Whenever the governing board determines that a lease or
agreement should be entered into with a nonprofit corporation, the
board shall adopt a resolution of intention. The board shall have the
following powers and shall state in the resolution all of the
following:
(a) The intention of the board to formulate a school facilities
plan for the school district or a portion thereof.
(b) A summary description of the facilities to be included within
the school facilities plan.
(c) The estimated expense of carrying out the school facilities
plan, including all incidental expenses.
(d) That a map depicting the exterior boundaries of the territory
to be benefited by the school facilities plan is on file with the
secretary of the school district and is available for inspection by
any person or persons interested.
(e) A legal description of the real property upon which an owner's
development lien is to be imposed and to be recorded with the county
recorder of the county or counties in which the real property is
located.
(f) The intention of the board to cause the formation of a
nonprofit corporation the purpose of which is to issue bonds, notes,
or other obligations to finance the construction of the facilities
included within the school facilities plan and to lease the
facilities to the school district.
(g) That pursuant to Section 17438, an owner's development lien
shall be imposed to the benefit of the school district on all real
property described in the map on file with the secretary of the
school district, exclusive of real property subject to restrictions
that preclude development thereon, which shall specify the amount
thereof and the maximum period of time over which the amount is to be
paid, together with a specified maximum interest rate.
(h) That the school district may enforce the lien, as to any
amount or amounts in default, by judicial foreclosure proceedings as
provided for in Section 17444.
(i) That the owner's development lien provided for in this article
shall be imposed with the consent of all owners within the final map
of the boundaries in equal amounts on each acre or portion thereof
within the territory to be benefited by the school facilities plan or
imposed pursuant to Section 17447.
(j) That the proposed facilities may or may not be constructed
within the boundaries of the territory to be benefited by the school
facilities plan as depicted on the map described in subdivision (d).
(k) That the benefited property may include noncontiguous
territory and that real property may subsequently be included by the
governing board, subject to the assumption of a pro rata share of all
obligations incurred or to be incurred, plus an amount not less than
all amounts collected pursuant to the owner's development lien per
acre or portion thereof.