SECTIONS 81470-81474 - California Statutes

EDUCATION CODE

SECTION 81470-81474

81470. The governing board of a community college district may
exchange any of its real property for real property of another person
or private business firm. Any exchange shall be upon such terms and
conditions as the parties thereto may agree and may be entered into
without complying with any provisions in this code except as provided
in this article.

81471. Before ordering any exchange of real property the board
shall adopt, by a two-thirds vote of its members, a resolution
declaring its intention to exchange the property. The resolution
shall describe the properties to be exchanged in such manner as to
identify them, and the terms and conditions, not including the price,
upon which they will be exchanged.

81472. The board and the other party to the exchange each shall
appoint one member of a board of appraisers, and the third member
shall be selected by the county superintendent of schools. The
governing board and the other party to the exchange shall agree on
the compensation of the board of appraisers. The amount for the board'
s appraiser and one-half of the amount for the appraiser appointed by
the county superintendent of schools shall be a legal charge against
the funds of the district exchanging the property.
The board of appraisers shall make a report to the parties to the
exchange and the county superintendent of schools of its
determination of the cash values of the properties proposed to be
exchanged. The report may provide for payment by one of the parties
to compensate for any difference in appraised values of the
properties.

81473. If the county superintendent of schools approves the report
of the appraisers and the terms and conditions set forth in the
resolution, the governing board shall publish at least once a week
for two weeks in a newspaper of general circulation, circulated in
the county, the resolution and a notice stating the time and place
within the district at which a public meeting of the board will be
held to consider the report of the appraisers and the exchange of the
real properties described in the resolution.

81474. At the time and place fixed in the published notice, the
board shall meet and consider the report of the appraisers. It then
may order the exchange pursuant to the terms and conditions set forth
in the resolution and the report of the appraisers.