Laserfiche WebLink
(a) Each contract shall provide that on the anniversary date of the contract or such <br /> other annual date as is specified in the contract, a year shall be added automatically to <br /> the initial term of the contract unless notice of nonrenewal is given as provided in this <br /> section. If the property owner or the legislative body desires in any year not to renew <br /> the contract, that party shall serve written notice of nonrenewal of the contract on the <br /> other party in advance of the annual renewal date of the contract. Unless the notice is <br /> served by the owner at least 90 days prior to the renewal date or by the legislative body <br /> at least 60 days prior to the renewal date, one year shall automatically be added to the <br /> term of the contract. <br /> (b) Upon receipt by the owner of a notice from the legislative body of nonrenewal, the <br /> owner may make a written protest of the notice of nonrenewal. The legislative body <br /> may, at any time prior to the renewal date, withdraw the notice of nonrenewal. <br /> (c) If the legislative body or the owner serves notice of intent in any year not to renew <br /> the contract, the existing contract shall remain in effect for the balance of the period <br /> remaining since the original execution or the last renewal of the contract, as the case <br /> may be. <br /> (d) The owner shall furnish the legislative body with any information the legislative <br /> body shall require in order to enable it to determine the eligibility of the property <br /> involved. <br /> (e) No later than 20 days after a city or county enters into a contract with an owner <br /> pursuant to this article, the clerk of the legislative body shall record with the county <br /> recorder a copy of the contract, which shall describe the property subject thereto. From <br /> and after the time of the recordation, this contract shall impart a notice thereof to all <br /> persons as is afforded by the recording laws of this state. <br /> 50284. Cancellation. <br /> The legislative body may cancel a contract if it determines that the owner has breached <br /> any of the conditions of the contract provided for in this article or has allowed the <br /> property to deteriorate to the point that it no longer meets the standards for a qualified <br /> historical property. The legislative body may also cancel a contract if it determines that <br /> the owner has failed to restore or rehabilitate the property in the manner specified in the <br /> contract. <br /> 50285. Consultation with state commission. <br /> No contract shall be canceled under Section 50284 until after the legislative body has <br /> given notice of, and has held, a public hearing on the matter. Notice of the hearing shall <br /> be mailed to the last known address of each owner of property within the historic zone <br /> and shall be published pursuant to Section 6061. <br /> 50286. Cancellation. <br /> (a) If a contract is canceled under Section 50284, the owner shall pay a cancellation <br /> fee equal to 121/2 percent of the current fair market value of the property, as <br /> determined by the county assessor as though the property were free of the contractual <br /> restriction. <br /> (b) The cancellation fee shall be paid to the county auditor, at the time and in the <br /> manner that the county auditor shall prescribe, and shall be allocated by the county <br /> 2 <br />