Common use of Public Trust Clause in Contracts

Public Trust. The Licensee hereto acknowledges that District holds all portions of the District (including, but not limited to, the Premises and tidelands) in trust for the People of the State of California. As trustee, the District must exercise continuous supervision and control over the Premises. This License is subject to District’s obligation, as trustee, with respect to the Premises, as such obligation has been, or may in the future be, further defined or described under California law. Notwithstanding anything to the contrary, express or implied in this License, this License is subject and subordinate to that certain grant of lands from the State to San Mateo County Harbor District pursuant to Stats. 1960, first Extraordinary Session, Chapter 68, effective July 7, 1960.

Appears in 6 contracts

Samples: Anchorage Agreement, Anchorage Agreement, Anchorage Agreement

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