California Statutes

§ 17060. — 17060. (Added by Stats. 1996, Ch. 277, Sec. 2.)

California·Code EDC Education Code - EDC·Div. 1.·Title 1. DIVISION 1. GENERAL EDUCATION CODE PROVISIONS·Part 10. PART 10. SCHOOL BONDS·Ch. 12. CHAPTER 12. State School Building Lease-Purchase Law of 1976·Art. 5. ARTICLE 5. Joint Venture School Facilities Construction Projects
(a)A school district may enter into a joint venture relationship for the purposes of school facilities construction. Notwithstanding any other provision of this chapter, a school district entering into a joint venture relationship does so as an independent entity and not as an agent of the State Allocation Board.
(b)For the purposes of this article, “joint venture” means a collaborative undertaking by two or more persons or organizations for a specific project or projects, having the legal characteristics of a partnership.
(c)The joint venture relationship may, but is not required to, include any of the following:
(1)Joint use of the property of, or facilities on, the project site.
(2)Ground leases, alternative financing arrangements, or similar financing arrangements.
(3)A construct

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California § 17060. (17060. (Added by Stats. 1996, Ch. 277, Sec. 2.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Added by Stats. 1996, Ch. 277, Sec. 2. Effective January 1, 1997. Operative January 1, 1998.
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