§98.0428 Use of Value of Land for Local Match Requirement

Whenever a school district has received approval under the State School Building Lease–Purchase Law of 1976 (Chapter 22 commencing with Section 17700 of the California Education Code) of a school project to be constructed in an attendance area where land has been received pursuant to this Division, the district may use the fair market value of the land to provide all or a portion of its ten percent of the school project as required by item (1) of subdivision (a) of Section 17761 of the California Education Code. In order to use the value of land to meet the ten percent match requirement, the district shall construct the capital outlay project on the land used to make the match, and shall provide the full ten percent of the project cost at one time as provided in item (1) of subdivision (a) of Section 17761 of the California Education Code.

(“Use of Value of Land for Local Match Requirement” added 11–18–1985 by O– 16541 N.S.)

Ch. Art. Div. 9 8 4 9

San Diego Municipal Code (1-2016)

Chapter 9: Building, Housing and Sign Regulations