The entity shall operate, maintain and preserve the project in good repair and working order, and shall operate the project in an efficient and economical manner; provided, however, that the entity may lease or rent concessions, or lease or rent the project or any part thereof, or otherwise provide for the operation of the project or any part thereof.
Cal. Gov. Code § 6574
Power to Issue Revenue Bonds
Known as the Joint Exercise of Powers Act
The act spans §§ 6500–6583 (150 sections).
Added by Stats. 1955, Ch. 329.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.