Cal. Government Code § 52203
Cal. Government Code § 52203
California · California Government Code · Status: effective · Effective 2014-01-01
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- Citation
- Cal. Government Code § 52203, California, version 1 as recorded 2026-07-25, yourstate.us, https://yourstate.us/provision/847660
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Full text
(a) As part of an agreement that provides for the development or rehabilitation of property that will be used for industrial or manufacturing purposes, a city, county, or city and county may assist with the financing of facilities or capital equipment, including, but not necessarily limited to, pollution control devices.
(b) Prior to entering into an agreement for a development that will be assisted pursuant to this section, a city, county, or city and county shall find, after a public hearing, that the assistance is necessary for the economic feasibility of the development and that the assistance cannot be obtained on economically feasible terms in the private market.