Section 185044 Of Chapter 4. Rights-of-way From California Public Utilities Code >> Division 19.5. >> Chapter 4.
185044
. The authority may lease to public agencies or private
entities or individuals for any term not to exceed 99 years the use
of areas above or below operating rights-of-way and portions of
property not currently being used as operating rights-of-way, subject
to any reservations, restrictions, and conditions that it deems
necessary to ensure adequate protection of the safety and adequacy of
high-speed rail facilities and of abutting or adjacent land uses.
Prior to entering into any lease, the authority shall determine that
the proposed use is not in conflict with the zoning regulations of
the local government concerned. The leases shall be made in
accordance with procedures to be prescribed by the authority, except
that, in the cases of leases with private entities or individuals,
the leases shall be made only after competitive bidding. The
possibilities of entering into the leases, and the consequent
benefits to be derived therefrom, may be considered by the authority
in designing and constructing the high-speed rail system. Revenues
from the leases shall be deposited in the High-Speed Rail Property
Fund created pursuant to Section 185045.