CHAPTER 11. California Library Construction and Renovation Bond Act of 1988 [19950. - 19981.]

Chapter 11 added by Stats. 1988, Ch. 49, Sec. 1.

§§ 19950–19981 · 30 sections

1. ARTICLE 1. General Provisions §§ 19950–19952 · 3 sections

   • § 19950 This chapter shall be known and may be cited as the California Library Construction and Renovation Bond Act of 1988.
   • § 19951 The Legislature finds and declares all of the following: (a) The public library is a supplement to the formal system of free public education, a source of…
   • § 19952 As used in this chapter, the following terms have the following meanings: (a) “Committee” means the California Library Construction and Renovation Finance…
2. ARTICLE 2. California Library Construction and Renovation Program §§ 19955–19967 · 14 sections

   • § 19955 The proceeds of bonds issued and sold pursuant to this chapter shall be deposited in the California Library Construction and Renovation Fund, which is hereby…
   • § 19956 All moneys deposited in the fund shall be available for grants to any city, county, city and county, or district that is empowered at the time of the project…
   • § 19957 The grant funds authorized pursuant to Section 19956 and the matching funds provided pursuant to Section 19962 shall be used by the recipient for any of the…
   • § 19957.5 (a) An applicant for a grant for the acquisition, construction, remodeling, or rehabilitation of public library facilities under this chapter, as opposed to an…
   • § 19958 No grant funds authorized pursuant to Section 19956 or matching funds provided pursuant to Section 19962 shall be used by a recipient for any of the following…
   • § 19959 All construction contracts for projects funded in part through grants awarded pursuant to this chapter shall be awarded through competitive bidding pursuant to…
   • § 19960 This chapter shall be administered by the State Librarian, who shall adopt rules, regulations, and policies for the implementation of this chapter.
   • § 19961 A city, county, city and county, or district may apply to the State Librarian for a grant pursuant to this chapter, as follows: (a) Each application shall be…
   • § 19962 (a) Each grant recipient shall provide matching funds from any available source in an amount equal to 35 percent of the costs of the project. The remaining 65…
   • § 19963 An amount not to exceed 1 percent of the cost of construction of the project may be used for appropriate works of art to enhance the facility.
   • § 19964 (a) The estimated costs of a project for which an application is submitted shall be consistent with normal public construction costs in the applicant’s area.…
   • § 19965 Once an application has been approved by the board and included in the State Librarian’s request to the committee, the amount of funding to be provided to the…
   • § 19966 In reviewing applications, the board shall consider all of the following factors: (a) Needs of urban and rural areas. (b) Projected population growth. (c)…
   • § 19967 (a) A facility, or the part thereof, acquired, constructed, remodeled, or rehabilitated with grants received pursuant to this chapter shall be dedicated to…
3. ARTICLE 3. Fiscal Provisions §§ 19970–19981 · 13 sections

   • § 19970 Bonds in the total amount of seventy-two million four hundred five thousand dollars ($72,405,000) (exclusive of refunding bonds), or so much thereof as is…
   • § 19971 The bonds authorized by this chapter shall be prepared, executed, issued, sold, paid, and redeemed as provided in the State General Obligation Bond Law…
   • § 19972 (a) Solely for the purpose of authorizing the issuance and sale, pursuant to the State General Obligation Bond Law, of the bonds authorized by this chapter,…
   • § 19973 The committee shall determine whether or not it is necessary or desirable to issue bonds authorized pursuant to this chapter in order to carry out the actions…
   • § 19974 There shall be collected each year and in the same manner and at the same time as other state revenue is collected, in addition to the ordinary revenues of the…
   • § 19975 Notwithstanding Section 13340 of the Government Code, there is hereby appropriated from the General Fund in the State Treasury, for the purposes of this…
   • § 19976 For the purposes of carrying out this chapter, the Director of Finance may authorize the withdrawal from the General Fund of an amount or amounts not to exceed…
   • § 19976.5 Notwithstanding any other provision of this bond act, or of the State General Obligation Bond Law (Chapter 4 (commencing with Section 16720) of Part 3 of…
   • § 19977 The board may request the Pooled Money Investment Board to make a loan from the Pooled Money Investment Account, in accordance with Section 16312 of the…
   • § 19978 Any bonds issued and sold pursuant to this chapter may be refunded by the issuance of refunding bonds in accordance with Article 6 (commencing with Section…
   • § 19979 All money deposited in the fund which is derived from premium and accrued interest on bonds sold shall be reserved in the fund and shall be available for…
   • § 19980 The Legislature hereby finds and declares that, inasmuch as the proceeds from the sale of bonds authorized by this chapter are not “proceeds of taxes” as that…
   • § 19981 An amount not to exceed 1 percent of the fund may be used by the State Librarian for costs of administering this chapter.