Section 66499.12 - Initiation of proceedings for reversion; financial assistance to defray costs(a) Proceedings for reversion to acreage may be initiated by the legislative body on its own motion or by petition of all of the owners of record of the real property within the subdivision.(b) Nothing in this chapter prohibits a landowner, local agency, or renewable energy corporation authorized to conduct business in this state from seeking financial assistance from eligible state funding sources to defray either of the following costs: (1) The costs of merging parcels, including, but not limited to, escrow costs, on private or public lands pursuant to this chapter.(2) The costs of establishing or administering a joint powers authority established or authorized to merge parcels on private or public lands, including, but not limited to, all eligible costs, for the purpose of siting renewable energy facilities.(c) This section does not authorize the use of state funds for the acquisition of real property for which a parcel merger will be initiated.Amended by Stats 2010 ch 492 (SB 1319),s 2, eff. 1/1/2011.