CHAPTER 3.1. Lease-Purchase Financing of Prison Construction

Chapter 3.1 repealed and added by Stats. 1985, Ch. 932, Sec. 2.

§§ 15819.1–15819.295 · 28 sections

§ 15819.1 As used in this chapter: (a) “Bonds” means revenue bonds, notes, including commercial paper notes or other forms of negotiable short-term indebtedness, or bond…
§ 15819.2 Without obtaining further authorization under Section 15808, the board may acquire, may obtain an option to purchase, and may engage in the construction of…
§ 15819.3 The board may finance prison facilities using lease-purchase financing arrangements by the issuance of bonds pursuant to Chapter 5 (commencing with Section…
§ 15819.4 (a) Lease-purchase financing shall not be sold by the Treasurer unless, at the time any notes or bond anticipation notes constituting the lease-purchase…
§ 15819.5 Bonds authorized to be issued pursuant to this chapter shall be sold pursuant to Sections 15832 and 15832.5.
§ 15819.6 Notwithstanding Section 15816, the public buildings financed by the board pursuant to this chapter shall be and remain under the jurisdiction and control of,…
§ 15819.7 Amounts necessary to pay rent for the public buildings financed pursuant to this chapter and under and pursuant to a prison facilities lease are hereby…
§ 15819.8 At least 20 days prior to marketing bonds authorized by this chapter, the Department of Corrections shall notify the chairpersons of the fiscal committees in…
§ 15819.9 The revenues, rentals, and receipts from all public buildings authorized to be financed under this chapter may be pledged for the payment of principal of,…
§ 15819.10 The board, as additional security for a prison facilities lease, may agree to pledge and assign all or any portion of any moneys as may be legally available…
§ 15819.11 In addition to any other powers granted by law, the board may, for the purposes of this chapter, do any or all of the following: (a) Obtain insurance against…
§ 15819.12 A prison facilities lease may be for any term not to exceed 35 years and may contain other terms, covenants, and conditions as the board may approve.
§ 15819.13 An amount not to exceed the amount of unsold bonds which the board has by resolution authorized to be sold for the purposes of carrying out this chapter is…
§ 15819.14 (a) There is in the State Treasury the New Prison Construction Revenue Fund, which is hereby created. Moneys derived from the lease-purchase financing of the…
§ 15819.15 This chapter shall be interpreted in a manner that will promote the security of the bond holders and the expeditious acquisition, construction, renovation, or…
§ 15819.17 (a) The necessary funding for the construction of the Secure Substance Abuse Treatment Facility authorized by Section 5 of Chapter 585 of the Statutes of 1993…
§ 15819.19 Notwithstanding Section 13340, funds derived from the financing methods provided by this chapter for the prison in the vicinity of Corcoran in Kings County and…
§ 15819.20 (a) This section applies to the funding through lease-purchase financing arrangements for the construction of the California State Prison-Del Norte County as…
§ 15819.21 (a) The necessary funding for the construction of the California State Prison-Madera County authorized by Section 6.5 of Chapter 1393 of the Statutes of 1986,…
§ 15819.22 (a) The necessary funding for the construction of the California State Prison-Imperial County authorized by Chapter 1220 of the Statutes of 1988 may be…
§ 15819.23 (a) The necessary funding for the construction of the California State Prison-Imperial County, South authorized by Chapter 1413 of the Statutes of 1989 may be…
§ 15819.24 (a) It is the intention of the Legislature in enabling the construction of the California State Prison-Fresno County, as authorized by Chapter 981 of the…
§ 15819.25 (a) The necessary funding for the construction of the California State Prison-Monterey County (Soledad) authorized by Article 5.5 (commencing with Section…
§ 15819.26 (a) The necessary funding for the construction of the California State Prison - Lassen County (Susanville) authorized by Section 2 of Chapter 981 of the…
§ 15819.27 (a) The necessary funding for the construction of the prison facility authorized by Section 3 of Chapter 981 of the Statutes of 1990 may be obtained through…
§ 15819.28 (a) The necessary funding for the construction of the California State Prison-Kings County at Corcoran II authorized by Section 1 of the act enacting this…
§ 15819.29 (a) The necessary funding for the construction of the California State Prison-Kern County at Delano II authorized by Section 3 of the act enacting this section…
§ 15819.295 (a) Notwithstanding Section 15819.29, the necessary funding for the construction of the California State Prison-Kern County at Delano II authorized by Section…