After the bid has been accepted by the legislative body, it shall enter into a lease with the highest bidder. The lease shall contain all the terms of the petition and provide for the payment of rentals, commissions, or royalties, in an amount equal to the amount in the accepted bid.
Cal. Gov. Code § 50515
Leases
Applied in 1 court decision — leading case 172 Cal. App. 3d 1188 - R & a Vending Services, Inc. v. City of Los Angeles (1985)
Most recently applied in 172 Cal. App. 3d 1188 - R & a Vending Services, Inc. v. City of Los Angeles (October 1985)
Added by Stats. 1949, Ch. 81.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.