California Food and Agricultural Code CHAPTER 5 - State Fair Leasing Authority

• Section 3351.
  (a) There is hereby created the State Fair Leasing Authority, a joint powers authority formed pursuant to Chapter 5 (commencing with Section 6500) of Division 7...
• Section 3352.
  (a) The authority shall be governed by a board of directors, which shall be composed of the Secretary of Food and Agriculture, the Director of Finance,...
• Section 3353.
  (a) The California Exposition and State Fair shall provide clerical services and the use of its staff without charge to the authority. The Department of Finance,...
• Section 3354.
  The authority may enter into leases or other agreements for the use of the State Fair Race Track or any other property owned or controlled...
• Section 3355.
  The California Exposition and State Fair, in consultation with the authority, shall prepare a master plan approved by the board of directors of the fair...
• Section 3356.
  The California Horse Racing Board, at the request of the authority, shall certify the eligibility of any prospective lessee or user of the property to...
• Section 3357.
  (a) In leasing, or entering into agreements for the use of, the State Fair Race Track or other property owned or controlled by the California Exposition...
• Section 3358.
  If the authority makes a determination pursuant to this chapter about an action it proposes to take in awarding the State Fair Race Track lease...
• Section 3359.
  After the award of a lease or upon entering into an agreement for the use of State Fair property, the authority shall meet periodically to...
• Section 3360.
  (a) The authority, in the exercise of its powers, may pledge any and all revenues, moneys, accounts, accounts receivable, contract rights, and other rights to payment...
• Section 3361.
  The State of California pledges to, and agrees with, the holders of any bonds, other indebtedness, or obligations for the financing of the improvements described...

Last modified: October 22, 2018