§ 17472. — 17472. (Added by Stats. 1996, Ch. 277, Sec. 3.)

California § 17472.

• Jurisdiction: California
• Code EDC: Education Code - EDC
• Div.: 1.
• Title 1.: DIVISION 1. GENERAL EDUCATION CODE PROVISIONS
• Part 10.5.: PART 10.5. SCHOOL FACILITIES
• Ch. 4.: CHAPTER 4. Property: Sale,Lease, Exchange
• Art. 4.: ARTICLE 4. Sale or Lease of Real Property

Text

At the time and place fixed in the resolution for the meeting of the governing body, all sealed proposals which have been received shall, in public session, be opened, examined, and declared by the board. Of the proposals submitted which conform to all terms and conditions specified in the resolution of intention to sell or to lease and which are made by responsible bidders, the proposal which is the highest, after deducting therefrom the commission, if any, to be paid a licensed real estate broker in connection therewith, shall be finally accepted, unless a higher
oral bid is accepted or the board rejects all bids.

Legislative History

Added by Stats. 1996, Ch. 277, Sec. 3. Effective January 1, 1997. Operative January 1, 1998.