Section 33434 Of Article 11. Property Disposition, Rehabilitation And Development From California Health And Safety Code >> Division 24. >> Part 1. >> Chapter 4. >> Article 11.
33434
. If any property acquired in whole or in part from the
redevelopment revolving fund is to be sold or leased by the agency,
the sale or lease shall be first approved by the legislative body by
resolution adopted after public hearing. Notice of the time and place
of the hearing shall be published once in the official newspaper of
the community at least one week prior to the hearing. The resolution
shall be adopted by a majority vote unless the legislative body has
provided by ordinance for a two-thirds vote for such purpose.