§ 37394 City Parking Property Leases

• •Cities can rent out land they own for up to 55 years if it's used for parking lots.
• •This rule only applies to leases signed after January 1, 1986.
• •The land must be used only for off-street parking, not for buildings or other things.

A city owns an empty lot downtown and wants to rent it to a company to build a parking lot.

The city can sign a lease for up to 55 years, but the company can only use the land for parking. If they try to build a store instead, it’s not allowed.