Government Code - GOV
TITLE 5. LOCAL AGENCIES [50001 - 57607]
( Title 5 added by Stats. 1949, Ch. 81. ) DIVISION 1. CITIES AND COUNTIES [50001 - 52203]
( Division 1 added by Stats. 1949, Ch. 81. ) PART 1. POWERS AND DUTIES COMMON TO CITIES AND COUNTIES [50001 - 51298.5]
( Part 1 added by Stats. 1949, Ch. 81. ) CHAPTER 1. General [50001 - 50290]
( Chapter 1 added by Stats. 1949, Ch. 81. ) ARTICLE 12. Historical Property Contracts [50280 - 50290]
( Article 12 added by Stats. 1972, Ch. 1442. ) 50288.
In the event that property subject to contract under this article is acquired in whole or in part by eminent domain or other acquisition by any entity authorized to exercise the power of eminent domain, and the acquisition is determined by the legislative body to frustrate the purpose of the contract, such contract shall be canceled and no fee shall be imposed under Section 50286. Such contract shall be deemed null and void for all purposes of determining the value of the property so acquired.
(Amended by Stats. 1974, Ch. 544.)