The purchase price for any property sold by the legislative body of a local agency pursuant to this article shall be paid into the treasury of the local agency to the credit of any fund, available for the same purposes for which the property was used, that the legislative body designates.
Cal. Sts. & High. Code § 8357
Disposition of Excess Property
Known as the Public Streets, Highways, and Service Easements Vacation Law
The act spans §§ 8300–8363 (53 sections).
Added by Stats. 1980, Ch. 1050, Sec. 29.
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.