The legislative body may determine when and at what price or terms the land or any part of it will be sold.
Credit terms shall not exceed four years, and deferred payments shall bear interest at 7 percent.
(Added by Stats. 1949, Ch. 79.)
Gov. Code § 38416, under Parks Dedicated by Original Town Site Map or Plat.
Gov. Code § 38416
The legislative body may determine when and at what price or terms the land or any part of it will be sold.
Credit terms shall not exceed four years, and deferred payments shall bear interest at 7 percent.
(Added by Stats. 1949, Ch. 79.)