SECTIONS 43500-43508 - California Statutes

WATER CODE

SECTION 43500-43508

43500. The board may acquire by any means any property or interest
in property to carry out the district purposes, including any of the
following:
(a) Property either within or without the boundaries of the
district for the construction, maintenance, improvement, or operation
of works or the carrying out of the project in this State or in any
other state or foreign nation.
(b) Property and rights of private owners devoted to a public use.
(c) Stocks of domestic or foreign corporations.
(d) Rights to store water in any reservoir.
(e) Rights to carry water through any conduit within or without
the State not owned or controlled by the district.

43501. The board may pay for property and rights with bonds of the
district upon such terms and conditions as it deems best.

43502. No bonds shall be given in payment for property or rights at
a valuation less than 90 percent of their face value and accrued
interest.

43504. The board may take conveyances, leases, contracts, or other
assurances for all property acquired by it under the provisions of
this division in the name of the district, to and for the uses and
purposes expressed in this division.

43505. The legal title to all property acquired under the
provisions of this division vests in the district immediately. All
property is held by the district in trust for the uses and purposes
set forth in this division and is hereby dedicated and set apart to
such uses and purposes.

43506. The board may hold, use, manage, occupy, and possess
property of the district, and may lease property of the district for
oil, gas and other mineral development or for agricultural or other
purposes if in the opinion of the board such action will not
interfere substantially with the district's operations.

43507. The board may determine by resolution entered upon its
minutes that any property, real or personal, held by the district is
not necessary for the uses and purposes thereof and may sell the same
for an adequate consideration. Title may be conveyed or transferred
to the purchaser by the president and secretary pursuant to the
resolution.

43508. The rights of way, ditches, canals, flumes, pipelines, dams,
water rights, reservoirs, power plants, and transmission lines, and
all other property of like character belonging to a district shall
not be taxed for State and county or municipal purposes.