Section 3791.5 Of Article 2. Purchase From The State From California Revenue And Taxation Code >> Division 1. >> Part 6. >> Chapter 8. >> Article 2.
3791.5
. Any agreement under this chapter may include a provision
for payment to the county treasurer while the property is in public
ownership and rented, leased, or sold on contract by the taxing
agency of an amount agreed upon by the board of supervisors and the
taxing agency in lieu of taxes on such property.
Any payment in lieu of taxes, required by an agreement under this
chapter, shall be received by the county tax collector and shall be
distributed among the county and revenue districts of the county in
the same manner as provided for the distribution of taxes in Section
4656.2.